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5-5A-18
Section 5-5A-18 Powers of banks generally. Corporations formed for the purpose of doing
business as a bank may: (1) Discount bills, notes or other evidences of debt; (2) Receive
and pay out deposits, with or without interest, pay checks, and impose charges for any services;
(3) Receive on special deposit money, bullion or foreign coins or bonds or other securities;
(4) Buy and sell foreign and domestic exchanges, gold and silver bullion or foreign coins,
bonds, bills of exchange, notes and other negotiable paper; (5) Lend money on personal security
or upon pledges of bonds, stocks or other negotiable securities; (6) Take and receive security
by mortgage, security agreement or otherwise on property, real and personal; (7) Become trustees
for any purpose and be appointed and act as executors, administrators, guardians, receivers,
or fiduciaries upon receiving the prior written approval of the superintendent under Section
5-11A-1; (8) Lease real and personal property upon specific request...
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12-19-290
Section 12-19-290 Created; purposes; payments. (a) The Advanced Technology and Data
Exchange Fund is created in the State Treasury. (b) The fund shall consist of all monies paid
into the State Treasury to the credit of the fund pursuant to Section 12-19-181 or
by legislative appropriations, grant, gift, or otherwise. (c) Monies contained in the Advanced
Technology and Data Exchange Fund may be expended to provide for any activities involving
the administration of justice including, but not limited to, the following purposes: (1) Expand
methods and means for collection and disbursement of court-ordered monies through the use
of credit cards, electronic fund transfers, or other means and provide for electronic transfer
of records and storage. (2) Enhance coordination and sharing of data with local, state, and
federal agencies, members of the bar, and the public. (3) Provide equipment for electronically
filing cases. (4) Improve accountability for case filings and dispositions. (5) Train...
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23-7-8
Section 23-7-8 Loans and financial assistance; eligible and qualified projects. (a)
The bank may provide loans and other financial assistance to a government unit to pay for
all or part of the eligible cost of a qualified project. The term of the loan or other financial
assistance must not exceed the useful life of the project. The bank may require the government
unit to enter into a financing agreement in connection with its loan obligation or other financial
assistance. The board shall determine the form and content of loan applications, financing
agreements, and loan obligations including the term and rate or rates of interest on a financing
agreement. The terms and conditions of a loan or other financial assistance from the federal
highway account shall comply with applicable federal requirements. (b) The board shall determine
which projects are eligible projects and then select from among the eligible projects those
qualified to receive from the bank a loan or other financial...
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26-10C-1
Section 26-10C-1 Registration of putative fathers; notice of intent to claim paternity;
release of information. (a) The Department of Human Resources shall establish a putative father
registry which shall record the names, Social Security number, date of birth, and addresses
of the following: (1) Any person adjudicated by a court of this state to be the father of
a child born out of wedlock. (2) Any person who has filed with the registry before or after
the birth of a child born out of wedlock, a notice of intent to claim paternity of the child,
which includes the information required in subsection (c) below. (3) Any person adjudicated
by a court of another state or territory of the United States to be the father of a child
born out of wedlock, where a certified copy of the court order has been filed with the registry
by the person or any other person. (4) Any person who has filed with the registry an instrument
acknowledging paternity pursuant to Sections 26-11-1 to 26-11-3,...
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27-36A-4
Section 27-36A-4 Actuarial opinion of reserves. (a) Actuarial opinion prior to the operative
date of the valuation manual as defined by Section 27-36A-15. (1) GENERAL. Every life
insurance company doing business in this state shall annually submit the opinion of a qualified
actuary as to whether the reserves and related actuarial items held in support of the policies
and contracts specified by the commissioner by regulation are computed appropriately, are
based on assumptions which satisfy contractual provisions, are consistent with prior reported
amounts, and comply with applicable laws of this state. The commissioner, by regulation, shall
define the specifics of this opinion and add any other items deemed to be necessary to its
scope. (2) ACTUARIAL ANALYSIS OF RESERVES AND ASSETS SUPPORTING RESERVES. a. Every life insurance
company, except as exempted pursuant to regulation, shall also annually include in the opinion
required by subdivision (1) an opinion of the same qualified...
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27-7-19
Section 27-7-19 Licenses - Penalties. (a) The commissioner may place on probation, refuse
to issue or renew, suspend, or revoke the license of any licensee under this chapter, or may
levy a civil penalty in accordance with subsection (c), or any combination of actions, for
any one or more of the following causes: (1) Any cause for which issuance of the license could
have been refused had it then existed and been known to the commissioner. (2) Providing incorrect,
misleading, incomplete, or materially untrue information in any application or in any communication
to the commissioner. (3) Obtaining or attempting to obtain a license through misrepresentation
or fraud. (4) Intentionally misrepresenting the terms of any actual or proposed insurance
contract or application for insurance. (5) Having admitted or been found to have committed
any insurance unfair trade practice or fraud. (6) For inducing, persuading, or advising any
policyholder to surrender or cause to be cancelled any policy of...
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31-13-15
Section 31-13-15 Employment of unauthorized aliens prohibited. (a) No business entity,
employer, or public employer shall knowingly employ, hire for employment, or continue to employ
an unauthorized alien to perform work within the State of Alabama. Knowingly employ, hire
for employment, or continue to employ an unauthorized alien means the actions described in
8 U.S.C. ยง 1324a. (b) Effective April 1, 2012, every business entity or employer in this
state shall enroll in E-Verify and thereafter, according to the federal statutes and regulations
governing E-Verify, shall verify the employment eligibility of the employee through E-Verify.
A business entity or employer that uses E-Verify to verify the work authorization of an employee
shall not be deemed to have violated this section with respect to the employment of
that employee. (c) On a finding of a first violation by a court of competent jurisdiction
that a business entity or employer knowingly violated subsection (a), the court...
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31-13-6
Section 31-13-6 Enforcement of and compliance with state immigration laws; information
relating to immigration status; violations; penalties. (a) No official or agency of this state
or any political subdivision thereof, including, but not limited to, an officer of a court
of this state, may adopt a policy or practice that limits or restricts the enforcement of
this chapter to less than the full extent permitted by this chapter or that in any way limits
communication between its officers or officials in furtherance of the enforcement of this
chapter. If, in the judgment of the Attorney General of Alabama, an official or agency of
this state or any political subdivision thereof, including, but not limited to, an officer
of a court of this state, is in violation of this subsection, the Attorney General shall report
any violation of this subsection to the Governor and the state Comptroller and that agency
or political subdivision shall not be eligible to receive any funds, grants, or...
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36-28-8
Section 36-28-8 Contribution Fund. (a) There is hereby established a special fund to
be known as the Contribution Fund. Such fund shall consist of and there shall be deposited
in such fund: (1) All contributions, interest and penalties collected under Sections 36-28-5
and 36-28-7; (2) All moneys appropriated thereto under this chapter; (3) Any property or securities
and earnings thereof acquired through the use of moneys belonging to the fund; (4) Interest
earned upon any moneys in the fund; and (5) All sums recovered upon the bond of the custodian
or otherwise for losses sustained by the fund and all other moneys received for the fund from
any other source. All moneys in the fund shall be mingled and undivided. Subject to the provisions
of this chapter, the state Comptroller is vested with full power, authority and jurisdiction
over the fund, including all moneys and property or securities belonging thereto, and may
perform any and all acts whether or not specifically designated,...
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40-14A-24
Section 40-14A-24 Net worth in Alabama. (a) A taxpayer's net worth in Alabama shall
be determined by apportioning the taxpayer's net worth computed under Section 40-14A-23
in the same manner as prescribed for apportioning income during the determination period for
purposes of the income tax levied by Chapter 18, or the manner in which the income would be
apportioned if the taxpayer were subject to the income tax, or for the purposes of the financial
institution excise tax levied by Chapter 16; provided, however, that the net worth of insurers
subject to the insurance premium tax levied by Chapter 4A of Title 27 shall be apportioned
on the basis of the ratio of the insurer's Alabama premium income to its nationwide total
direct premiums as reflected on schedule T of the insurer's annual statement filed with the
Commissioner of Insurance for the then immediately preceding calendar year. (b) There shall
be deducted from the amount of net worth in Alabama as determined in accordance with...
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