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10A-5A-10.04
Section 10A-5A-10.04 Effect of conversion. (a) When a conversion takes effect: (1) all property
and contract rights owned by the converting organization, or series thereof, remains vested
in the converted organization without transfer, reversion, or impairment and the title to
any property vested by deed or otherwise in the converting organization shall not revert or
be in any way impaired by reason of the conversion; (2) all debts, obligations, or other liabilities
of the converting organization, or series thereof, continue as debts, obligations, or other
liabilities of the converted organization and neither the rights of creditors, nor the liens
upon the property of the converting organization shall be impaired by the conversion; (3)
an action or proceeding pending by or against the converting organization, or series thereof,
continues as if the conversion had not occurred and the name of the converted entity may,
but need not, be substituted for the name of the converting entity in...
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11-50-342
Section 11-50-342 Qualifications, appointment, terms of office, compensation, and removal of
members of board; oath and bond thereof; vacancies; election of officers; quorum. (a) Each
board of water and sewer commissioners shall consist of three members appointed by the council.
The members first appointed shall serve for terms of two, four, and six years, respectively,
from the date of the judge of probate's certificate mentioned in subsection (c) of Section
11-50-341 and until their successors shall be duly appointed and qualified; provided, however,
that a council which has heretofore created or hereafter creates a board as provided in this
article may, at its option, increase the board from three to five members to serve according
to all the conditions and terms set forth in this article. In the event the council elects
to increase the membership of the board from three to five members, one member added to the
board shall be appointed to serve for a term of four years, and the...
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11-65-10
Section 11-65-10 Powers and duties of commission. When authorized by one or more elections
as provided in Section 11-65-4, a commission shall have the powers and duties necessary to
license, regulate, and supervise horse racing and pari-mutuel wagering thereon and greyhound
racing and pari-mutuel wagering thereon within the commission municipal jurisdiction, including,
without limiting the generality of the foregoing, the powers and duties hereinafter set forth
in this section or in other sections of this chapter. (1) A commission shall have succession
in perpetuity, subject only to the provisions of this chapter as it may be amended from time
to time. (2) A commission shall have the power to sue and be sued in its own name in civil
suits and actions and to defend suits against it. (3) A commission shall have the power to
adopt and make use of an official seal and to alter the same at pleasure. (4) A commission
shall have the power to adopt, alter, and repeal bylaws, regulations and...
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11-65-9
Section 11-65-9 Treasurer of commission; investment of funds of commission. The treasurer of
a commission shall collect all the fees, commissions, and other moneys provided for in this
chapter, and shall supervise, check, and audit the operation of the pari-mutuel wagering pools
and the conduct and distribution thereof. A commission may appoint the principal financial
officer of the sponsoring municipality as the treasurer, in which case such officer shall
perform the duties of treasurer, without any compensation other than that to which he or she
is entitled as the principal financial officer of such sponsoring municipality, but he or
she shall be reimbursed for expenses actually incurred in the performance of his or her duties
as treasurer of a commission. The treasurer of a commission shall, with the approval of the
commission, determine the managerial, accounting, and clerical personnel that are necessary
to keep the books and records of such commission and to perform the audit and...
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25-5-8
Section 25-5-8 Employers' options to secure payment of compensation. (a) Option to insure risks.
An employer subject to this chapter may secure the payment of compensation under this chapter
by insuring and keeping insured his or her liability in some insurance corporation, association,
organization, insurance association, corporation, or association formed of employers and workers
or formed by a group of employers to insure the risks under this chapter, operating by mutual
assessment or other plans or otherwise. Notwithstanding the foregoing, the insurance association,
organization, or corporation shall have first had its contract and plan of business approved
in writing by the Commissioner of the Department of Insurance of Alabama and have been authorized
by the Department of Insurance to transact the business of workers' compensation insurance
in this state and under the plan. Notwithstanding any other provision of the law to the contrary,
the obligations of employers under law for...
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35-8A-303
Section 35-8A-303 Board members and officers. (a) Except as provided in the declaration, the
bylaws, the articles of incorporation in subsection (b), or other provisions of this chapter,
the board may act in all instances on behalf of the association. In the performance of their
duties, the officers and members of the board are required to exercise: (i) if appointed by
the declarant; the care required of fiduciaries of the unit owners other than the declarant
and (ii) if elected by the unit owners other than declarant, ordinary and reasonable care.
(b) The board may not act on behalf of the association to amend the declaration as specified
in Section 35-8A-217, to terminate the condominium described in Section 35-8A-218, or to elect
members of the board or to determine the qualifications, powers and duties, or terms of office
of board members as provided in Section 35-8A-303(f), but the board may fill vacancies in
its membership for the unexpired portion of any term. (c) Within 30 days...
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8-1A-16
Section 8-1A-16 Transferable records. (a) In this section, "transferable record"
means an electronic record that meets the following criteria: (1) Would be a note under Article
3 of the Uniform Commercial Code or a document under Article 7 of the Uniform Commercial Code
if the electronic record were in writing. (2) The issuer of the electronic record expressly
has agreed is a transferable record. (b) A person has control of a transferable record if
a system employed for evidencing the transfer of interests in the transferable record reliably
establishes that person as the person to which the transferable record was issued or transferred.
(c) A system satisfies subsection (b), and a person is deemed to have control of a transferable
record, if the transferable record is created, stored, and assigned in such a manner that
all of the following occur: (1) A single authoritative copy of the transferable record exists
which is unique, identifiable, and, except as otherwise provided in...
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8-20-5
Section 8-20-5 Limitations on cancellations, modifications, terminations, and nonrenewals of
franchise relationships. (a) Notwithstanding the terms, provisions, or conditions of any agreement
or franchise or notwithstanding the terms or provisions of any waiver, no manufacturer shall
cancel, terminate, modify, fail to renew, or refuse to continue any franchise relationship
with a licensed new motor vehicle dealer unless the manufacturer has: (1) Satisfied the notice
requirement of this section. (2) Acted in good faith as defined in this chapter. (3) Has good
cause for the cancellation, termination, modification, nonrenewal, or noncontinuance. (b)
Notwithstanding the terms, provisions, or conditions of any agreement or franchise or the
terms or provisions of any waiver, good cause shall exist for the purposes of a termination,
cancellation, modification, nonrenewal, or noncontinuance when: (1) There is a failure by
the new motor vehicle dealer to comply with a provision of the franchise...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-20-5.htm - 13K - Match Info - Similar pages
9-12-180
Section 9-12-180 Authorized; form. The Governor of this state is hereby authorized and directed
to execute a compact on behalf of the State of Alabama with any one or more of the states
of Florida, Mississippi, Louisiana and Texas, and with such other states as may enter into
the compact legally therein in the form substantially as follows: GULF STATES MARINE FISHERIES
COMPACT The contracting states solemnly agree: Article I Whereas the Gulf Coast States have
the proprietary interest in and jurisdiction over fisheries in the waters within their respective
boundaries, it is the purpose of this compact to promote the better utilization of the fisheries,
marine, shell and anadromous, of the seaboard of the Gulf of Mexico, by the development of
a joint program for the promotion and protection of such fisheries and the prevention of the
physical waste of the fisheries from any cause. Article II This compact shall become operative
immediately as to those states ratifying it whenever any two...
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11-8A-3
Section 11-8A-3 County government bond financing review form. (a) In addition to any and all
other documents presented for examination and execution of a bond financing agreement which,
for the purposes of this chapter, takes place at the time a county commission makes an official
award of the bonds, the county commission shall execute a county government bond financing
review form. The standard review form shall be prepared by the Department of Examiners of
Public Accounts and shall include statements to the effect that: (1) The county commission
has considered whether it can satisfy its financial obligations for the life of the bonds.
(2) In the case of limited obligation indebtedness, the county commission has identified the
source for the debt service payments for the life of the bonds, and in the case of general
obligation indebtedness, the county commission has indicated that the full faith and credit
of the county has been pledged for the debt service payments for the life of...
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