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27-29-3
Section 27-29-3 Acquisition of control of, or merger with, domestic insurers. (a)(1)
No person other than the issuer shall make a tender offer for or a request or invitation for
tenders of, or enter into any agreement to exchange securities for, seek to acquire, or acquire
in the open market any voting security of a domestic insurer if, after the consummation thereof,
such person would, directly or indirectly, or by conversion or by exercise of any right to
acquire, be in control of such insurer, and no person shall enter into an agreement to merge
with or otherwise to acquire control of a domestic insurer, or any person controlling a domestic
insurer unless, at the time any such offer, request, or invitation is made or any such agreement
is entered into, or prior to the acquisition of such securities if no offer or agreement is
involved such person has filed with the commissioner and has sent to such insurer a statement
containing the information required by this section and such...
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27-29-6.2
Section 27-29-6.2 Group-wide supervisor for internationally active insurance group.
(a)(1) The commissioner may act as the group-wide supervisor for any internationally active
insurance group in accordance with this section. The commissioner may otherwise acknowledge
another regulatory official as the group-wide supervisor where the internationally active
insurance group meets any of the following: a. Does not have substantial insurance operations
in the United States. b. Has substantial insurance operations in the United States, but not
in this state. c. Has substantial insurance operations in the United States and this state,
but the commissioner has determined pursuant to the factors set forth in subsections (b) and
(f) that the other regulatory official is the appropriate group-wide supervisor. (2) An insurance
holding company system that does not otherwise qualify as an internationally active insurance
group may request that the commissioner make a determination or acknowledgment...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-6.2.htm - 10K - Match Info - Similar pages
35-20-5
Section 35-20-5 Organization of associations; filing requirements; rulemaking authority;
organizational documents. (a) On or after January 1, 2016, a homeowners' association created
pursuant to a declaration shall be organized as a nonprofit corporation pursuant to Chapter
3 of Title 10A, and shall be governed in all respects as a nonprofit corporation. (b)(1) A
homeowners' association, its members, and directors shall be subject to all of the obligations,
duties, and responsibilities of and shall have all of the rights and benefits provided in
Chapter 3 of Title 10A. (2) In addition or supplemental to any other filing required in Chapter
3 of Title 10A, a homeowners' association shall file the following documents with the Secretary
of State: a. Articles of incorporation. b. Bylaws, resolutions, or other governing documents
of the association. c. The original covenants, conditions, or restrictions adopted by the
association. (3) The Secretary of State shall implement and maintain an...
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40-2A-6
Section 40-2A-6 Government contract for examination of taxpayer's records where compensation,
etc., contingent upon tax, interest, etc., assessed or collected; violation; costs of examination.
(a) The state or any county or municipal governing authority may not enter into any contract
or arrangement for the examination of a taxpayer's books and records, written or otherwise,
with a private auditing or collecting firm, if any part of the compensation or other benefits
paid or payable to the private auditing or collecting firm is contingent upon or in any manner
related to the amount of tax, license fee, interest, court cost, penalty, or any other item
assessed against or collected from the taxpayer. Any such contract or arrangement, if made
or entered into, is void and unenforceable. Any assessment or preliminary assessment of taxes,
license fees, penalties, court costs, interest, or other items proposed or asserted by, or
based upon the recommendation of, a private auditing or...
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22-30F-3
Section 22-30F-3 Definitions. The following words and phrases, whenever used in this
chapter, shall have the following respective meanings unless the context clearly indicates
otherwise: (1) AUTHORITY. The corporation organized pursuant to this chapter as a public corporation,
agency, and instrumentality of the state and known as the "Alabama Land Recycling Finance
Authority." (2) AUTHORIZING RESOLUTION. A resolution, order, or other proceedings adopted
by the board of directors of the authority authorizing the issuance of agreements and related
matters. (3) BOARD OF DIRECTORS. The board of directors of the authority. (4) DEPARTMENT.
The Alabama Department of Environmental Management or any successor. (5) ELIGIBLE PROPERTY.
Property which qualifies under Section 22-30E-6 for participation in the voluntary
cleanup program established pursuant to Chapter 30E of this title, and which is owned and
operated by an applicant or applicants which qualifies for the limitation of liability as...
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27-31B-21
Section 27-31B-21 Conversion to or merger with reciprocal insurer. (a) An association
captive insurance company or industrial insured group formed as a stock or mutual corporation
may be converted to or merged with and into a reciprocal insurer in accordance with a plan
therefor and this section. (b) A plan for this conversion or merger shall satisfy both
of the following: (1) Be fair and equitable to the shareholders, in the case of a stock insurer,
or the policyholders, in the case of a mutual insurer. (2) Provide for the purchase of the
shares of any nonconsenting shareholder of a stock insurer or the policyholder interest of
any nonconsenting policyholder of a mutual insurer in substantially the same manner and subject
to the same rights and conditions as are accorded a dissenting shareholder under Article 13,
commencing with Section 10-2B-13.01, of Chapter 2B of Title 10. (c) A conversion authorized
under subsection (a) shall satisfy all of the following: (1) The conversion shall...
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45-49-50
Section 45-49-50 Qualifications, Constable Regulatory Board of Mobile; suspensions.
(a) In Mobile County, no person shall hold the office of constable unless the person has successfully
completed the minimum standards and training for peace officers pursuant to Section
36-21-46. (b) All constables shall be required to obtain a minimum of 20 hours of training
per year, in addition to those requirements for constables set forth in subsection (a). (c)
Constables not acquiring the required amount of training hours may not perform the duties
of their office until the required training has been met. The Mobile County Constable Association
is established to approve and provide the training of constables as required in subsection
(b). (d) The Constable Regulatory Board of Mobile is created. The board shall have oversight
of the conduct of the constables in the county and shall resolve local complaints against
the office of constable. The board shall have the right to suspend any constable...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-50.htm - 2K - Match Info - Similar pages
27-2-24
Section 27-2-24 Examinations - Report; confidentiality of information. (a) The commissioner,
or his or her examiner, shall make a full and true written report of each examination. The
examination report shall contain only information obtained from examination of the books,
records, accounts, files, or other documents of, or relative to, the person examined, its
agents or other persons examined, or as ascertained from the testimony of its officers or
agents or other persons examined concerning its affairs, together with conclusions and recommendations
as the examiners find reasonable warranted from the facts. (b) No later than 60 days following
completion of the examination, the examiner in charge shall file with the department a verified
written report of examination under oath. Upon receipt of the verified report, the department
shall transmit the report to the company examined, together with a notice that the company
examined may make a written submission or rebuttal with respect to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-24.htm - 8K - Match Info - Similar pages
27-44-14
Section 27-44-14 Liability of unpaid assessments; records of negotiations and meetings;
association deemed creditor of impaired or insolvent insurer; judicial distribution of ownership
rights of insolvent insurer; recovery by receiver of certain distributions from controlling
affiliates. (a) Nothing in this chapter shall be construed to reduce the liability for unpaid
assessments of the insureds on an impaired or insolvent insurer operating under a plan with
assessment liability. (b) Records shall be kept of all negotiations and meetings in which
the association or its representatives are involved to discuss the activities of the association
in carrying out its powers and duties under Section 27-44-8. Records of such negotiations
or meetings shall be made public only upon the termination of a liquidation, rehabilitation,
or conservation proceeding involving the impaired or insolvent insurer, upon the termination
of the impairment or insolvency of the insurer, or upon the order of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-14.htm - 4K - Match Info - Similar pages
40-9-12
Section 40-9-12 The National Foundation's Alabama Field Offices, Y.M.H.A., Seamen's
Home of Mobile, Catholic Maritime Club of Mobile, Inc., Salvation Army, Inc., United Way organizations,
etc. (a) The National Foundation's Alabama Field Offices, all Young Men's Hebrew Associations
(Y.M.H.A.) also known as Jewish Community Centers (J.C.C.), and all real and personal property
of all Young Men's Hebrew Associations (Y.M.H.A.) also known as Jewish Community Centers (J.C.C.),
the Seamen's Home of Mobile, incorporated under Act No. 145, Acts of Alabama 1844-45, the
Girl Scouts of America and the Boy Scouts of America, and any council, troop or other subdivision
thereof now existing or hereafter created and all real and personal property of the Girl Scouts
of America and the Boy Scouts of America, and any council, troop or other subdivision thereof
now existing or hereafter created, the Catholic Maritime Club of Mobile, Inc., the Knights
of Pythias Lodges, the Salvation Army, Inc., the Elks...
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