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27-31-24
Section 27-31-24 Levy of assessments on subscribers of domestic insurers - Aggregate liability.
No one policy or subscriber as to such policy shall be assessed or charged with an aggregate
of contingent liability as to obligations incurred by a domestic reciprocal insurer in any
one calendar year in excess of the amount provided for in the power of attorney or in the
subscribers' agreement, computed solely upon premium earned on such policy during that year.
(Acts 1971, No. 407, p. 707, §614.)...
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36-21-68
Section 36-21-68 Eligibility for membership; application and fees. Nothing in this article
shall be construed as requiring that any member of the fund become a member of the association
or the order, or that any member of the association or the order become a member of the fund.
Each peace officer who becomes a member shall pay to the fund a regular fee in an amount of
up to forty dollars ($40) to be determined by the Board of Commissioners based upon the recommendation
of the actuary, to be paid on or before the tenth calendar day of each month so long as he
or she is a member or until he or she becomes entitled to benefits hereunder. A member who
has 30 years of qualified service in the fund and having met all other requirements of the
law and thereby having earned maximum benefits provided will no longer be required to make
monthly contributions for his or her membership and will retain all of the rights and privileges
as provided any other member. All applicants for membership must...
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45-37-123.106
Section 45-37-123.106 Minimum distribution requirements. (a) General rules. (1) EFFECTIVE DATE.
Except as otherwise provided herein, the provisions of this section shall apply for purposes
of determining required minimum distributions for calendar years beginning on and after January
1, 1987. (2) REQUIREMENTS OF TREASURY REGULATIONS INCORPORATED. All distributions required
under this section shall be determined and made in accordance with § 401(a)(9), Internal
Revenue Code, including the incidental death benefit requirement in § 401(a)(9)(G), and the
regulations thereunder. (3) PRECEDENCE. Subject to the joint and survivor annuity requirements
of the plan, the requirements of this section shall take precedence over any inconsistent
provisions of the plan. (b) Time and manner of distribution. (1) REQUIRED BEGINNING DATE.
The member's entire interest shall be distributed, or begin to be distributed, to the member
no later than the member's required beginning date. (2) DEATH OF MEMBER...
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45-37A-51.09
Section 45-37A-51.09 Compensation limits; forfeitures; required minimum. (a) Compensation in
excess of one hundred sixty thousand dollars ($160,000), or such other amount provided in
the Internal Revenue Code of 1986, as amended, shall be disregarded. Such amount shall be
adjusted for increases in the cost-of-living in accordance with Section 401(a)(17)(B), except
that the dollar increase in effect on January 1 of any calendar year shall be effective for
the fiscal years beginning with or within such calendar year. If compensation for any prior
determination period is taken into account in determining a participant member's benefits
for the current fiscal year, the compensation for such prior determination period is subject
to the applicable annual compensation limit in effect for that prior period. (b) Notwithstanding
the foregoing and to the extent applicable to governmental plans as such are defined in Section
414(d) of the Internal Revenue Code of 1986, as amended, in no event may...
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5-10A-9
Section 5-10A-9 Segregation of assets - Manners of segregation. Whenever pursuant to any provision
of state or federal law or of any rule or regulation by any state or federal authority made
or adopted pursuant thereto, or whenever pursuant to contractual arrangement any bank is under
duty or obligation to segregate particular items or assets separate and apart from other items
or assets, the same may be either segregated specifically and in kind in the possession of
the bank but commingled within the class or amount for the purpose of which they are segregated,
or converted into a deposit account separate from any general or other deposit account of
such bank with a Federal Reserve Bank or branch thereof, created and organized under an act
of Congress of the United States approved December 23, 1913, known as the Federal Reserve
Act, as amended, or with any governmental agency hereafter created by act of Congress of the
United States authorized to receive such deposit accounts but...
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11-40-14
Section 11-40-14 Expense allowances for members of governing body of Class 1 municipalities;
reimbursement for expenses incurred beyond corporate limits. (a) The council or other governing
body of Class 1 municipalities in Alabama and all municipalities in Alabama having a population
of 250,000 or more according to the last and any subsequent federal decennial census, shall
have the power and authority to grant to any member of such council or other governing body
an amount of money for expenses incurred by such member on account of such member's attending
the business of such municipality within its corporate limits. The maximum expense allowance
shall be $300.00 per month for each member of the council, except the president or chairman
of the council or other governing body who may be given an allowance not to exceed $350.00
per month. (b) In addition to the authority granted by subsection (a) of this section, the
council or other governing body of Class 1 municipalities in Alabama...
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11-43-7.1
Section 11-43-7.1 Expense allowances of members of council or other governing body of Class
1 municipalities and municipalities having population of 250,000 or more. (a) The council
or other governing body of Class 1 municipalities in Alabama and all municipalities in Alabama
having a population of 250,000 or more according to the last or any subsequent federal decennial
census, shall have the power and authority to grant to any member of such council or other
governing body an amount of money for expenses incurred by such member on account of such
member's attending the business of such municipality within its corporate limits. The maximum
expense allowance shall be $500.00 per month for each member of the council, except the president
or chairman of the council or other governing body who may be given an allowance not to exceed
$550.00 per month. (b) In addition to the authority granted by subsection (a) hereof, the
council or other governing body of Class 1 municipalities in Alabama...
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8-26B-14
Section 8-26B-14 Prohibited conduct; payment of expenses under certain circumstances. (a) Except
as otherwise provided in subsection (c), an athlete agent, with the intent to influence a
student athlete or, if the athlete is a minor, a parent or guardian of the athlete, to enter
into an agency contract, may not take any of the following actions or encourage any other
individual to take or assist any other individual in taking any of the following actions on
behalf of the agent: (1) give materially false or misleading information or make a materially
false promise or representation; (2) furnish anything of value to the athlete before the athlete
enters into the contract; or (3) furnish anything of value to an individual other than the
athlete or another registered athlete agent. (b) An athlete agent may not intentionally do
any of the following or encourage any other individual to do any of the following on behalf
of the agent: (1) initiate contact, directly or indirectly, with a...
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10A-20-7.01
Section 10A-20-7.01 Definitions. For the purposes of this article, the following terms shall
have the meanings respectively ascribed to them by this section: (1) BOARD OF DIRECTORS. The
board of directors of the corporation created under this article. (2) CORPORATION. An Alabama
industrial development corporation created under this article. (3) FINANCIAL INSTITUTION.
Any banking, mortgaging corporation or trust company, savings and loan association, insurance
company or related corporation, partnership, foundation, pension funds or other institution
engaged primarily in lending or investing funds. (4) LOAN LIMIT. For any member, the maximum
amount permitted to be outstanding at one time on loans made by the member to the corporation,
as determined under the provision of this article. (5) MEMBER. Any financial institution authorized
to do business within this state which shall undertake to lend money to a corporation created
under this article, upon its call and in accordance with the...
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25-5-255
Section 25-5-255 Insolvency fund. Upon receipt of the funds assessed on members, the association
may set aside funds for the administration of its affairs, and the balance of the funds shall
be deposited to an insolvency fund under the following terms: (1) The fund is created for
the purpose of assuring payment of workers' compensation claims against members of the association
who become insolvent; but only those claims which accrue while the insolvent employer is a
member of the association and accrue prior to the determination of insolvency or within 30
days thereafter. The obligation of the fund shall be limited to the obligation of the insolvent
employer under the Workers' Compensation Act, in an amount not to exceed 150 percent of the
amount of security as determined by the department as of the last annual financial review.
The fund shall have all defenses of and shall be subrogated to all rights of the insolvent
employer. The fund shall not be liable for any penalties or interest...
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