Code of Alabama

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35-12A-1
Section 35-12A-1 Definitions. (1) ABANDONED MANUFACTURED DWELLING. A manufactured dwelling
that satisfies either of the following circumstances: a. A tenant is absent from the premises
of the manufactured dwelling following expiration of 30 days after default, termination, or
expiration of the lease agreement. b. A tenant is absent from the premises of the manufactured
dwelling continuously for 30 days after service of a court order requiring the tenant to vacate
the premises due to failure of the tenant to perform obligations of the lease. (2) MANUFACTURED
DWELLING COMMUNITY OWNER. Any individual or business entity that, for consideration, allows
another individual to place a residential trailer, mobile home, or manufactured dwelling on
land owned or leased by that individual or business entity. (3) MANUFACTURED DWELLING. A residential
trailer, mobile home, or manufactured home. (4) RENTAL FEE. The actual rent charged to the
tenant including utilities, maintenance charges, and any...
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40-18-31.2
the nearest one thousand dollars ($1,000). As used in this subsection, Consumer Price Index
means the Consumer Price Index for All Urban Consumers (CPI-U) available from the Bureau of
Labor Statistics of the United States Department of Labor. (2) Any adjustment shall apply
to tax periods that begin after the adjustment is made. (d) Property, payroll, and sales are
defined as follows: (1) Property counting toward the threshold is the average value of the
taxpayer's real property and tangible personal property owned or rented and used in
this state during the tax period. Property owned by the taxpayer is valued at its original
cost basis. Property rented by the taxpayer is valued at eight times the net annual rental
rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual
rental rate received by the taxpayer from sub-rentals. The average value of property shall
be determined by averaging the values at the beginning and ending of the tax period; but the...

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8-21B-3
The price the dealer pays to the supplier for heavy equipment and parts, including the freight
costs from the supplier's location to the dealer's location, minus all applicable discounts
allowed by the supplier. (5) PARTS or HEAVY EQUIPMENT PARTS. The parts that the dealer purchased
from the supplier for use on heavy equipment. (6) PERSON. A natural person, partnership, association,
corporation, or other legal entity or a combination of legal entities. The term also includes
heirs, assigns, personal representatives, guardians, and successors in interest. (7)
RELEVANT MARKET AREA. The geographic area for which a dealer is assigned responsibility for
selling or soliciting or advertising the sale or lease of heavy equipment under the terms
of a dealer agreement. (8) SUPPLIER. A person, partnership, corporation, association, or other
form of business enterprise engaged in the manufacture, assembly, or wholesale distribution
of heavy equipment and parts related thereto or any officer or...
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27-14-3
Section 27-14-3 Insurable interest - Personal insurance; preneed contracts. (a) Insurable
interest with reference to personal insurance is an interest based upon a reasonable
expectation of pecuniary advantage through the continued life, health, or bodily safety of
another person and consequent loss by reason of his or her death or disability or a substantial
interest engendered by love and affection in the case of individuals closely related by blood
or by law. (b) An individual has an unlimited insurable interest in his or her own life, health,
and bodily safety and may lawfully take out a policy of insurance on his or her own life,
health, or bodily safety and have the same made payable to whomsoever he or she pleases, regardless
of whether the beneficiary so designated has an insurable interest. (c) A corporation, foreign
or domestic, has an insurable interest in the life or physical or mental ability of any of
its directors, officers, or employees, or the directors, officers, or...
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28-7-22
Section 28-7-22 Interlocking businesses and interests prohibited. No manufacturer and no officer
or director of any manufacturer shall, at the same time, be a wine wholesaler or retailer,
or an officer, director or stockholder or creditor of any wine wholesaler or retailer, nor
except as hereinafter provided, be the owner, proprietor or lessor of any place covered directly
or indirectly by any wine wholesaler's license or wine retailer's license or other retail
license authorizing the sale of wine in this state. No wine wholesaler and no officer or director
of any wine wholesaler shall at the same time be a manufacturer or wine retailer, or be an
officer, director, stockholder or creditor of a manufacturer or wine retailer, or be the owner,
proprietor or lessor of any place covered by any retail table wine license. No licensee licensed
under this chapter, shall directly or indirectly own any stock of, or have any financial interest
in, any other class of business licensed under this...
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8-21A-10
Section 8-21A-10 Warranty agreement on new equipment; warranty claims. (a) Every supplier shall
provide a fair and reasonable warranty agreement on any new equipment which it sells and shall
fairly compensate each of its dealers for parts and labor used in fulfilling the warranty
agreement. All claims for paying under the warranty agreement made by dealers hereunder for
parts and labor shall be paid within 30 days following their approval by supplier. All claims
shall be either approved or disapproved within 60 days after their receipt by supplier. Upon
disapproval of any claim submitted by the dealer, and within the time periods set forth in
this section, the dealer shall be notified in writing of disapproval, along with specific
reasons for the disapproval and curative steps required. (b) All warranty work performed by
the dealer under this section shall be compensated in accordance with the reasonable and customary
amount of time required to complete the work, expressed in hours and...
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10A-8A-7.01
Section 10A-8A-7.01 Purchase of transferable interest of a person dissociated as a partner.
(a) If a person is dissociated as a partner from a partnership without resulting in a dissolution
and winding up of the partnership business or not for profit activity under Section 10A-8A-8.01,
the partnership shall cause that person's transferable interest in the partnership owned by
that person at the time of dissociation to be purchased for a buyout price determined pursuant
to subsection (b). (b) The buyout price of the transferable interest owned by the person at
the time of dissociation as a partner is an amount equal to the fair value of that person's
transferable interest as of the date of dissociation. Interest on the buyout price must be
paid from the date of dissociation to the date of payment. (c) Damages for wrongful dissociation
under Section 10A-8A-6.02(b) and (c), and all other amounts owing, whether or not presently
due, from the person dissociated as a partner to the...
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28-3-4
Section 28-3-4 Provisions for maintenance of separation of financial and business interests
between classes of businesses regulated by chapter. (a) No manufacturer and no officer or
director of any manufacturer shall at the same time be a distributor, wholesaler or retail
dispenser or an officer, director or stockholder or creditor of any distributor, wholesaler
or retail dispenser, nor, except as provided in this section, be the owner, proprietor or
lessor of any place covered directly or indirectly by any distributor's or wholesaler's malt
or brewed beverage liquor license. (b) No distributor or wholesaler and no officer or director
of any distributor or wholesaler shall at the same time be a manufacturer or retailer or be
an officer, director, stockholder or creditor of a manufacturer or retailer or be the owner,
proprietor or lessor of any place covered by any other malt or brewed beverage or liquor license.
(c) No licensee licensed under this chapter shall directly or indirectly...
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8-21B-5
Section 8-21B-5 Amendment, termination, etc., of dealer agreement - Notice. (a) Except as provided
in subsection (d), a supplier shall provide a dealer at least 120 days' prior written notice
of any intention to amend, terminate, or decline to renew any dealer agreement. The notice
shall state all of the reasons for the intended amendment, termination, or nonrenewal. (b)
Where such reason or reasons for amendment, termination, or nonrenewal relate to a condition
or conditions which may be rectified by action of the dealer, the dealer shall have 90 days
from the date of notice from the supplier in which to take such action and, within such 90-day
period, shall give written notice to the supplier if and when such action is taken. If the
condition or conditions have been rectified by the dealer, then the proposed amendment, termination,
or nonrenewal shall be void and without legal effect. However, where the supplier contends
that action on the part of the dealer has not rectified one or...
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27-27-40
Section 27-27-40 Loans by domestic insurers. (a) A domestic stock or mutual insurer may borrow
money to defray the expenses of its organization, provide it with surplus funds or for any
purpose of its business, upon a written agreement that such money is required to be repaid
only out of the insurer's surplus in excess of that stipulated in such agreement. The agreement
may provide for interest at a reasonable rate per annum, which interest shall, or shall not,
constitute a liability of the insurer as to its funds other than such excess of surplus, as
stipulated in the agreement. No commission or promotion expense shall be paid in connection
with any such loan. (b) Money so borrowed, together with the interest thereon if so stipulated
in the agreement, shall not form a part of the insurer's legal liabilities except as to its
surplus in excess of the amount thereof stipulated in the agreement or be the basis of any
setoff, but, until repaid, financial statements filed or published by...
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