5-17-11
Section 5-17-11 Election of officers; duties of officers and directors; compensation; liability.
(a) At the first meeting and at subsequent times prescribed in the bylaws, the directors shall
elect a president. The president must be either a member of the board of directors or an employee
of the credit union who is not a member of the board of directors. If the credit union elects
a president who is not a member of the board of directors, the board of directors shall elect
from their own number a chair and one or more vice chairs of the board of directors. The board
of directors, in accordance with the bylaws, may remove any officer who is not a member of
the board of directors. At the first meeting and at subsequent annual meetings prescribed
in the bylaws, the directors shall elect from their own number, a secretary and treasurer,
who may be the same individual. To nominate a candidate by petition, the petition should conform
to the requirements as specified in the bylaws. The bylaws...
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9-8A-3
Section 9-8A-3 Commission - Members and officers; terms of office; vacancies; compensation
and expenses; meetings; quorum; record of proceedings; copies of proceedings as evidence;
members and officers not personally liable. (a) The members of the commission shall consist
of the Governor; the Commissioner of Agriculture and Industries; the President of the Alabama
Farmers Federation; the President of the Alabama Cattlemen's Association; the Chair of the
State Soil and Water Conservation Committee; a member of the Alabama Forestry Commission designated
by the Governor; the President of the Alabama Association of Conservation Districts; and two
citizens of the state of good reputation who are active farmers or timberland owners or involved
in environmental protection appointed by the Governor. Each voting member of the commission,
except the two citizens appointed by the Governor, may appoint a designee to represent him
or her at all commission meetings. The members of the commission may...
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11-50-234
Section 11-50-234 Board of directors. (a) Each corporation formed under this division shall
have a board of directors which shall constitute the governing body of the corporation, which
board shall consist of at least three members. All members of the board of directors shall
be reimbursed for actual expenses incurred in and about the performance of their duties under
this division, and the chairman of said board may, at the discretion of the board of directors,
be paid a director's fee in an amount not exceeding $15.00 each month, and each member of
the board of directors other than the chairman may be paid a director's fee in an amount not
exceeding $10.00 each month. Any officer of the municipality shall be eligible for appointment
and may serve as a member of the board of directors but shall not receive a fee for his services;
provided, that at no time shall the board consist of more than two officers of the municipality.
The directors of the corporation shall be elected by the...
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16-17-16
Section 16-17-16 Earnings of authority. The authority shall be a nonprofit corporation, and
no part of its net earnings remaining after payment of its expenses shall inure to the benefit
of any individual, association or corporation; except, that in the event the board of directors
of the authority shall determine that sufficient provision has been made for the full payment
of the expenses, bonds and other obligations of the authority, then any net earnings thereafter
accruing shall be paid to the determining municipality or to an educational institution to
construct, operate or maintain ancillary improvements, as the board of directors may direct
by resolution. (Acts 1966, Ex. Sess., No. 222, p. 325, §16; Acts 1978, No. 841, p. 1258,
§1.)...
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27-27-24
Section 27-27-24 Directors of domestic insurers - Removal; vacancies. (a) At a special meeting
of stockholders or members called for that purpose, any director of a stock or mutual insurer
may be removed from office by an affirmative vote of stockholders or members holding in the
aggregate a majority of the voting power of all stockholders or members of an insurer entitled
to vote at an election of directors. If the board of directors, or any member thereof, is
so removed, new directors may be elected at the same meeting. (b) Vacancies in the board of
directors may be filled by the remaining members of the board, and each person so elected
shall be a director until his successor is elected by the stockholders or members at the next
annual meeting of stockholders or members or at any special meeting of stockholders or members
called for that purpose and held prior thereto. (Acts 1971, No. 407, p. 707, §520.)...
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27-42-10
Section 27-42-10 Duties and powers of the commissioner; judicial review. (a) The commissioner
shall: (1) Notify the association of the existence of an insolvent insurer not later than
three days after he receives notice of determination of the insolvency. The association shall
be entitled to a copy of any complaint seeking an order of liquidation with a finding of insolvency
against a member company at the time that such complaint is filed with a court of competent
jurisdiction. (2) Upon request of the board of directors, provide the association with a statement
of the net direct written premiums of each member insurer. (b) The commissioner may: (1) Require
that the association notify the insureds of the insolvent insurer and any other interested
parties of the determination of insolvency and of their rights under this chapter. Such notification
shall be by mail at their last known address, where available, but if sufficient information
for notification by mail is not available, notice...
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27-42-17
Section 27-42-17 Immunity. There shall be no liability on the part of and no cause of action
of any nature shall arise against any member insurer, the association or its agents or employees,
the board of directors or the commissioner or his representatives for any action taken by
them in the performance of their powers and duties under this chapter. (Acts 1980, No. 80-806,
p. 1639, §17.)...
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33-16-13
Section 33-16-13 Bonds - Disposition of proceeds; investments. The authority shall pay out
of the proceeds from the sale of any of the bonds all expenses which the board of directors
may deem necessary or advantageous in connection with the sale and issuance of the bonds.
The proceeds from the sale of all bonds, other than refunding bonds, remaining after paying
the expenses of their sale and issuance shall be turned in to the State Treasury, shall be
carried in a special fund to be designated the Coosa Valley Development Authority fund, and
shall be subject to be drawn on by the authority, upon approval by the Governor, but solely
for the purpose of discharging the duties and obligations undertaken by the authority in connection
with the waterway project. The proceeds from the sale of any refunding bonds remaining after
the expense of their issuance shall be used only for the purpose of refunding the principal
of outstanding bonds issued hereunder and of paying any premium that may be...
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33-17-13
Section 33-17-13 Bonds - Disposition of proceeds; investments. The authority shall pay out
of the proceeds from the sale of any of the bonds all expenses which the board of directors
may deem necessary or advantageous in connection with the sale and issuance of the bonds.
The proceeds from the sale of all bonds, other than refunding bonds, remaining after paying
the expenses of their sale and issuance shall be turned in to the state treasury, shall be
carried in a special fund to be designated the Tombigbee Valley Development Authority Fund,
and shall be subject to be drawn on by the authority, upon approval by the Governor, but solely
for the purpose of discharging the duties and obligations undertaken by the authority in connection
with the waterway and the flood control project. The proceeds from the sale of any refunding
bonds remaining after the expense of their issuance shall be used only for the purpose of
refunding the principal of outstanding bonds issued hereunder and of...
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36-21-104
Section 36-21-104 Tuition Eligibility Board. There is created the Tuition Eligibility Board,
which shall determine the eligibility of any persons applying under the provisions of this
article. The Tuition Eligibility Board shall certify to the Alabama Commission on Higher Education
the eligible persons to receive tuition assistance under the provisions of Section 36-21-102.
The Tuition Eligibility Board shall consist of two members appointed by the Governor, one
member appointed by the Executive Board of the Alabama Education Association, one member appointed
by the Board of Directors of the Alabama State Policemen's Association, Inc., one member appointed
by the Professional Firefighter's Association of Alabama, one member appointed by the Alabama
Firefighter's Association, one member appointed by the Alabama State Lodge of the Fraternal
Order of Police, one member appointed by the Alabama State Troopers Association, and one member
appointed by the Board of Directors of the Alabama...
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