27-41-27
Section 27-41-27 Particular investments - Securities, etc., of foreign countries. (a) An insurer
may invest in securities or other investments (1) issued in, (2) located in, (3) denominated
in the currency of, (4) whose ultimate payment amounts of principal or interest are subject
to fluctuations in the currency of, or (5) whose obligors are domiciled in countries other
than the United States or Canada, which are substantially of the same kinds and classes as
those authorized for investment under this chapter. (b) Subject to the limitations in subsection
(c): (1) An investment of an insurer authorized under subsection (a) in any one foreign jurisdiction
whose sovereign debt has a 1 designation from the Securities Valuation Office shall not exceed
10 percent of the admitted assets of the insurer. (2) An investment of an insurer authorized
under subsection (a) in any one foreign jurisdiction whose sovereign debt has a 2 or 3 designation
from the Securities Valuation Office may not exceed...
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32-7-35
Section 32-7-35 Assigned risk plans. After consultation with insurance companies authorized
to issue automobile liability policies in this state, the Commissioner of Insurance shall
approve a reasonable plan or plans for the equitable apportionment among such companies of
applicants for such policies and for motor vehicle liability policies who are in good faith
entitled to but are unable to procure such policies through ordinary methods. When any such
plan has been approved, all such insurance companies shall subscribe thereto and participate
therein. Any applicant for any such policy, any person insured under any such plan and any
insurance company affected may appeal to the Commissioner of Insurance from any ruling or
decision of the manager or committee designated to operate such plan. Any person aggrieved
hereunder by any order or act of the Commissioner of Insurance may, within 10 days after notice
thereof, file a petition in the Circuit Court of Montgomery County, Alabama for a...
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37-3-32.1
Section 37-3-32.1 Administration of Unified Carrier Registration Act of 2005. (a) Foreign and
domestic motor carriers, motor private carriers, leasing companies, brokers, and freight forwarders
shall not operate in interstate commerce in this state without first registering with a base
state and paying all fees as required under the federal Unified Carrier Registration Act of
2005. (b) The Public Service Commission is the state agency in this state responsible for
the administration of the federal Unified Carrier Registration Act of 2005, including participating
in the development, implementation, and administration of the Unified Carrier Registration
Agreement. The commission may follow rules governing the Unified Carrier Registration Agreement
issued under the Unified Carrier Registration Plan by its board of directors. (c) The commission
may follow rules and collect fee assessments set by the federal Secretary of Transportation
from foreign and domestic motor carriers, motor private...
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34-24-530
Section 34-24-530 Interstate medical licensure compact commission. (a) The member states hereby
create the Interstate Medical Licensure Compact Commission. (b) The purpose of the interstate
commission is the administration of the Interstate Medical Licensure Compact, which is a discretionary
state function. (c) The interstate commission shall be a body corporate and joint agency of
the member states and shall have all the responsibilities, powers, and duties set forth in
the compact, and such additional powers as may be conferred upon it by a subsequent concurrent
action of the respective legislatures of the member states in accordance with the terms of
the compact. (d) The interstate commission shall consist of two voting representatives appointed
by each member state who shall serve as commissioners. In states where allopathic and osteopathic
physicians are regulated by separate member boards, or if the licensing and disciplinary authority
is split between multiple member boards...
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40-9F-6
Section 40-9F-6 Appeals. Owners or their duly authorized representatives may appeal any state
official decision, including all preliminary or final reservations, approvals, and denials,
made by the commission or the department with regard to an application and rehabilitation
plan submitted under Section 40-9F-3, in accordance with the Alabama Administrative Procedure
Act contained in Chapter 22 of Title 41. Appeals shall constitute an administrative review
of the decision appealed from and shall not be conducted as an adjudicative proceeding. Appeals
shall be submitted within 30 days of receipt by the owner or the owner's duly authorized representative
of the decision that is the subject of the appeal. (Act 2013-241, p. 579, §6.)...
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41-9-963
Section 41-9-963 Bonds and obligations solely and exclusively commission's; resolution recital.
(a) All obligations incurred by the commission and all bonds issued by it shall be solely
and exclusively an obligation of the commission and shall not create an obligation or debt
of the State of Alabama or any county or municipality. (b) All bonds issued by the commission,
while not registered, shall be construed to be negotiable instruments even though they are
payable from a limited source. All coupons applicable to any bonds issued by the commission,
while the applicable bonds are not registered as to both principal and interest, shall likewise
be construed to be negotiable instruments although payable from a limited source. Bonds shall
constitute legal investments for savings banks and insurance companies organized under the
laws of the state; and, unless otherwise directed by the court having jurisdiction or the
document that is the source of authority, a trustee, executor,...
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34-24-536
Section 34-24-536 Enforcement of interstate compact. (a) The interstate commission, in the
reasonable exercise of its discretion, shall enforce the provisions and rules of the compact.
(b) The interstate commission, by majority vote of the commissioners, may initiate legal action
in the United States District Court for the District of Columbia, or, at the discretion of
the interstate commission, in the federal district where the interstate commission has its
principal offices, to enforce compliance with the provisions of the compact, and its promulgated
rules and bylaws, against a member state in default. The relief sought may include both injunctive
relief and damages. In the event judicial enforcement is necessary, the prevailing party,
which is expressly limited to the interstate commission or a member state, shall be awarded
all costs of such litigation including reasonable attorney's fees, but this provision does
not apply to third parties or private citizens. (c) The remedies...
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34-27-4
Section 34-27-4 Real Estate Commission Revenue Fund and Real Estate Commission Proportionate
Fund. All fees, fines, charges, or other money, except as provided in Section 34-27-31, and
except as provided in this section for multi-year licenses, collected by the commission shall
be deposited in the State Treasury to the credit of the Real Estate Commission Revenue Fund
and shall be disbursed by the state Comptroller on order of the executive director at the
direction of the commission. A proportionate share of all money collected by the commission
as license fees during each fiscal year of a multi-year license period or during the renewal
period immediately preceding that first year, and all fees collected for research and education,
shall be reserved in the State Treasury in the Real Estate Commission Proportionate Fund by
the state Comptroller to be disbursed quarterly to the Real Estate Research and Education
Center with the remainder to be disbursed for commission expenses incurred...
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40-9F-35
Section 40-9F-35 Appeals. Owners or their duly authorized representatives may appeal any state
official decision, including all preliminary or final reservations, approvals, and denials,
made by the commission, committee or the department with regard to an application and rehabilitation
plan submitted under Section 40-9F-32, in accordance with the Alabama Administrative Procedure
Act contained in Chapter 22 of Title 41. Appeals shall constitute an administrative review
of the decision appealed from and shall not be conducted as an adjudicative proceeding. Appeals
shall be submitted within 30 days of receipt by the owner or the owner's duly authorized representative
of the decision that is the subject of the appeal. (Act 2017-380, §6.)...
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5-13B-40
Section 5-13B-40 Purpose. (a) This article is intended generally to provide for state regulation
of the participation by foreign banks in the financial markets of this state. (b) Consistent
with the federal International Banking Act, the Bank Holding Company Act, the Federal Deposit
Insurance Act, and the Interstate Banking and Branching Efficiency Act, this article is intended
specifically: (1) To authorize banking activities and operations, under state licenses issued
by the superintendent, of direct branch and agency offices in this state of foreign banks,
generally under terms and conditions not less favorable than the terms and conditions under
which such activities and operations may be conducted by federal branch or agency offices
of foreign banks in the United States, and to set forth a statutory framework for the licensing,
regulation and supervision of such state-licensed offices of foreign banks by the superintendent
to assure the safe and sound operation of such offices...
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