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5-18-15
Section 5-18-15 Interest rates, charges, and fees. (a) Maximum rates of interest and charge.
Every licensee under this chapter may contract for and receive as interest on any loan of
money less than one thousand five hundred dollars ($1,500) an amount at a rate not exceeding
three percent a month on that part of the unpaid principal balance not in excess of two hundred
dollars ($200), and two percent a month on that part of the unpaid principal balance in excess
of two hundred dollars ($200) but less than one thousand five hundred dollars ($1,500). (b)
Account maintenance fee. In addition to the maximum rate of interest and charges pursuant
to subsection (a), a licensee may enter into a contract of loan under this chapter in which
the borrower agrees to pay an account maintenance fee of not more than three dollars ($3)
for each month of the scheduled period of repayment of the loan provided that the scheduled
monthly payments are equal to or greater than thirty dollars ($30). Such...
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10A-2-1.41
Section 10A-2-1.41 Notice. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY
1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Notice under this chapter must be
in writing when written notice is required under this title or this chapter or by the corporation's
articles of incorporation or bylaws, and in other cases unless oral notice is reasonable under
the circumstances. (b) Except to the extent limited in the articles of incorporation or bylaws,
notice may be communicated in person; by telephone, telegraph, teletype, telecopier, facsimile
transmission, E-mail, or other form of wire or wireless communication; or by mail or private
carrier. If these forms of personal notice are impracticable, notice may be communicated by
a newspaper of general circulation in the area where published; or by radio, television, or
other form of public broadcast communication. (c) Written notice by a domestic or foreign
corporation to its shareholder, if in a comprehensible...
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16-47-54
Section 16-47-54 Authority of board of trustees of university. The Board of Trustees of the
University of Alabama is hereby given full power and authority to maintain and operate the
school of dentistry created by this chapter wherever located, and to set, establish and maintain
standards of scholarship and teaching which shall be in accordance with standards approved
by the Council of Dental Education of the American Dental Association, and to perform all
acts and functions necessary or appropriate to carry out the provisions of this chapter as
it relates to the proper and orderly maintenance and operation of said dental school; provided,
that the board of trustees shall be under no duty to operate or to continue the operation
and maintenance of said dental school unless and until adequate appropriations are received
from the State of Alabama for that purpose. (Acts 1945, No. 207, p. 323, §9.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-47-54.htm - 1K - Match Info - Similar pages
22-30A-3
Section 22-30A-3 Alabama Hazardous Substance Cleanup Fund established; appropriations. (a)
There is hereby established within the State Treasury a special revenue fund to be known as
the Alabama Hazardous Substance Cleanup Fund. All federal grants, state appropriations, penalties,
reimbursements and any other funds collected pursuant to this chapter are hereby appropriated
for the purposes provided for in this chapter and shall be deposited into said fund. Any funds
remaining in the Alabama Hazardous Substance Cleanup Fund at the end of any fiscal year shall
not revert to the General Fund but shall remain in said fund and is hereby reappropriated
until expended in accordance with the provisions of this chapter. (b) There is hereby appropriated
from the State General Fund for the fiscal year ending September 30, 1989, the amount of $100,000.00
for the start-up and administrative costs necessary to implement this chapter and for inactive
or abandoned hazardous substance site cleanup...
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31-10-3
Section 31-10-3 Tuition reimbursement authorized for eligible members of National Guard. Subject
to the annual appropriation in the annual Education Trust Fund Appropriation Act, provided
such annual appropriations shall not exceed $10,000,000, the Alabama Commission on Higher
Education is hereby authorized to pay or reimburse the qualifying tuition for any active member
of the Alabama National Guard who is enrolled in a program leading to the associate, baccalaureate,
masters, or doctorate degree in an accredited institution of higher learning, community or
technical college within the State of Alabama. Such payments or reimbursements shall be made
timely at the end of each academic quarter or semester for all tuition reimbursements, and
shall be made on the basis of certified invoices submitted by such institution or school to
the Alabama Commission on Higher Education, and shall be supported by names of the students
receiving such benefits, together with the amounts claimed for each...
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10A-3-1.04
Section 10A-3-1.04 Purposes. (a) Nonprofit corporations may be organized under this chapter
for any lawful purpose or purposes, including, without being limited to, any one or more of
the following purposes: (1) Charitable, (2) Benevolent, (3) Eleemosynary, (4) Educational,
(5) Civic, (6) Patriotic, (7) Political, (8) Religious, (9) Social, (10) Fraternal, (11) Literary,
(12) Cultural, (13) Athletic, (14) Scientific, (15) Agricultural, (16) Horticultural, (17)
Animal husbandry, (18) Professional, commercial, industrial or trade association, (19) Cemetery
operation and maintenance, and (20) Historical. (b) Labor unions, cooperative organizations
and organizations subject to any of the provisions of the insurance laws of Alabama may not
be organized under this chapter. (c) Whenever 10 or more retail merchants wish to form a nonprofit
association, cooperative society, or corporation in the sense of paying interest or dividends
on stock, but for mutual benefit through the application of...
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10A-5-2.05
Section 10A-5-2.05 Pre-formation transactions. REPEALED IN THE 2014 REGULAR SESSION BY ACT
2014-144 EFFECTIVE JANUARY 1, 2017. A limited liability company may not transact business
or incur indebtedness, except that which is incidental to its organization or to obtaining
subscriptions for or payment of contributions, until the certificate of formation has been
filed. Persons engaged in prefiling activities other than those authorized by this section
shall be jointly and severally liable for any debts or liabilities incurred in the course
of those activities as provided in Section 10A-5-1.05. In no event shall the activities of
an organizer authorized under this chapter result in liability for such person under this
section. This section shall not be interpreted to invalidate any debts, contracts, or liabilities
of the limited liability company incurred on behalf of the limited liability company prior
to the filing of its certificate of formation. (Act 2009-513, p. 967, §222.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5-2.05.htm - 1K - Match Info - Similar pages
11-49B-23
Section 11-49B-23 Repeal of conflicting laws; transfer of funds; assumption of assets and liabilities.
(a) On the first day of the second month following the election as called by the county commission
at which a majority of the votes cast at the election are affirmative votes, as provided in
this chapter, all laws or parts of laws which conflict with this chapter are repealed, and
specifically Act 993, H. 1089, 1971 Regular Session (Acts 1971, p. 1787), as amended, is repealed.
(b) On the first day of the second month following the election as called by the county commission
at which a majority of the votes cast at the election are affirmative votes as provided in
this chapter, Act 87-449, H. 543, 1987 Regular Session (Acts 1987, p. 663) is repealed. All
payments due to any authority created under Act 993 of the 1971 Regular Session, as amended,
(hereafter called the "previous authority"), and which are required or authorized
by Act 87-449, 1987 Regular Session, shall be paid to the...
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16-47-94
Section 16-47-94 Power and authority of Board of Trustees of University of Alabama. The Board
of Trustees of the University of Alabama is hereby given full power and authority to maintain
and operate the school of medicine created by this chapter wherever located, and to set, establish
and maintain standards of scholarship and teaching which shall be in accordance with standards
approved by the council on medical education and hospitals of the American Medical Association
and of the Association of American Medical Colleges, and to perform all acts and functions
necessary or appropriate to carry out the provisions of this chapter as it relates to the
proper and orderly maintenance and operation of said medical school; provided, that the board
of trustees shall be under no duty to operate or to continue the operation and maintenance
of said medical school unless and until adequate appropriations are received from the State
of Alabama for that purpose. (Acts 1943, No. 89, p. 89, §9.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-47-94.htm - 1K - Match Info - Similar pages
31-2-77
Section 31-2-77 Service medals and decorations authorized for wear with National Guard and
Naval Militia uniforms. All service medals and decorations awarded for service in the United
States Armed Forces, and authorized to be worn with the uniform of the United States Armed
Forces, are authorized for the uniform of the National Guard and Naval Militia of Alabama
on occasions prescribed for officers of the United States Armed Forces; provided, that the
following state medals and decorations are authorized for wear with the uniform of the National
Guard and Naval Militia of the State of Alabama: State service medals authorized in this chapter;
medals and decorations awarded by recognized patriotic organizations such as are associated
with the service of Revolutionary War ancestry; the War of 1812; the Mexican War; the Civil
War, both confederate and federal service; the Spanish American War; the World Wars, 1917-1918,
1941-1945; Korea; Viet Nam; and such other medals and decorations as...
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