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32-7-29
Section 32-7-29 Substitution of proof. The director shall consent to the cancellation of any
bond or certificate of insurance or the director shall direct and the State Treasurer shall
return any money or securities to the person entitled thereto upon the substitution and acceptance
of other adequate proof of financial responsibility pursuant to this chapter. (Acts 1951,
No. 704, p. 1224, ยง27.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-29.htm - 703 bytes - Match Info - Similar pages
32-7-31
Section 32-7-31 Duration of proof; when proof may be cancelled or returned. (a) The director
shall upon request consent to the immediate cancellation of any bond or certificate of insurance,
or the director shall direct and the State Treasurer shall return to the person entitled thereto
any money or securities deposited pursuant to this chapter as proof of financial responsibility,
or the director shall waive the requirement of filing proof, in any of the following events:
(1) At any time after three years from the date such proof was required when, during the three-year
period preceding the request, the director has not received record of a conviction or a forfeiture
of bail which would require or permit the suspension or revocation of the license, registration,
or nonresident's operating privilege of the person by or for whom such proof was furnished;
or (2) In the event of the death of the person on whose behalf such proof was filed or the
permanent incapacity of such person to...
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39-2-12
Section 39-2-12 Partial and final payments of contractors by awarding authorities. (a) As used
in this section the following words shall have the meanings ascribed to them as follows: (1)
CONTRACTOR. Any natural person, partnership, company, firm, corporation, association, limited
liability company, cooperative, or other legal entity licensed by the Alabama State Licensing
Board for General Contractors. (2) NONRESIDENT CONTRACTOR. A contractor which is neither a.
organized and existing under the laws of the State of Alabama, nor b. maintains its principal
place of business in the State of Alabama. A nonresident contractor which has maintained a
permanent branch office within the State of Alabama for at least five continuous years shall
not thereafter be deemed to be a nonresident contractor so long as the contractor continues
to maintain a branch office within Alabama. (3) RETAINAGE. That money belonging to the contractor
which has been retained by the awarding authority conditioned on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-2-12.htm - 18K - Match Info - Similar pages
32-7-27
Section 32-7-27 Money or securities as proof. (a) Proof of financial responsibility may be
evidenced by the certificate of the State Treasurer that the person named in the certificate
has deposited with him or her $50,000 in cash, or securities that may legally be purchased
by savings banks or for trust funds of a market value of $50,000. The State Treasurer shall
not accept the deposit and issue a certificate pursuant to this section and the director shall
not accept the certificate unless accompanied by evidence that there are no unsatisfied judgments
of any character against the depositor in the county where the depositor resides. (b) The
deposit shall be held by the State Treasurer to satisfy, in accordance with the provisions
of this chapter, any execution on a judgment issued against the person making the deposit,
for damages, including damages for care and loss of services, because of bodily injury to
or death of any person, or for damages because of injury to or destruction of...
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32-7-20
Section 32-7-20 Certificate of insurance as proof. (a) Proof of financial responsibility may
be furnished by filing with the director the written certificate of any insurance carrier
duly authorized to do business in this state certifying that there is in effect a motor vehicle
liability policy for the benefit of the person required to furnish proof of financial responsibility.
Such certificate shall give the effective date of such motor vehicle liability policy, which
date shall be the same as the effective date of the certificate, and shall designate by explicit
description or by appropriate reference all motor vehicles covered thereby, unless the policy
is issued to a person who is not the owner of a motor vehicle. (b) Proof of financial responsibility
relating to a motor vehicle liability policy may be verified through the online insurance
verification system of Chapter 7B and Chapter 7A. (c) No motor vehicle shall be or continue
to be registered in the name of any person required...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-20.htm - 1K - Match Info - Similar pages
32-7-21
Section 32-7-21 Certificate furnished by nonresident as proof. (a) The nonresident owner of
a motor vehicle not registered in this state may give proof of financial responsibility by
filing with the director a written certificate or certificates of an insurance carrier authorized
to transact business in the state in which the motor vehicle or motor vehicles described in
such certificate is registered, or if such nonresident does not own a motor vehicle, then
in the state in which the insured resides, provided such certificate otherwise conforms to
the provisions of this chapter, and the director shall accept the same upon condition that
said insurance carrier complies with the following provisions with respect to the policies
so certified: (1) The insurance carrier shall execute a power of attorney authorizing the
director to accept service on its behalf of notice or process in any action arising out of
a motor vehicle accident in this state; and (2) The insurance carrier shall agree...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-21.htm - 1K - Match Info - Similar pages
32-7-19
Section 32-7-19 Alternate methods of giving proof; registration of motor vehicle of person
required to give proof. (a) Proof of financial responsibility when required under this chapter
with respect to a motor vehicle or with respect to a person who is not the owner of a motor
vehicle may be given by filing: (1) A certificate of insurance as provided in Section 32-7-20
or Section 32-7-21; or (2) A bond as provided in Section 32-7-26; or (3) A certificate of
deposit of money or securities as provided in Section 32-7-27; or (4) A certificate of self-insurance,
as provided in Section 32-7-34, supplemented by an agreement by the self-insurer that, with
respect to accidents occurring while the certificate is in force, he or she will pay the same
judgments and in the same amounts that an insurer would have been obligated to pay under an
owner's motor vehicle liability policy if it had issued such a policy to the self-insurer.
(b) Proof of financial responsibility relating to a motor vehicle...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-19.htm - 1K - Match Info - Similar pages
27-43-9
Section 27-43-9 Bond or deposit requirements. (a) To assure the faithful performance of its
obligations in the event of insolvency, each corporation authorized under Section 27-43-8
shall, through the commissioner, deposit and maintain with the Treasurer of the State securities
of the type eligible for deposit by insurers under Section 27-6-3, which securities shall
have at all times a market value as follows: (1) An insurer which has transacted no legal
expense insurance in this state prior to January 1, 1982, shall, prior to the issuance of
its certificate of authority and before receiving any premiums, place in trust with the Treasurer
of the State, through the commissioner an initial amount of $50,000.00; (2) An insurer transacting
a legal expense insurance business in this state prior to January 1, 1982, and having in force
in this state less than $300,000.00 of gross written premiums, membership fees, or similar
charges shall place in trust with the Treasurer of the State,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-43-9.htm - 4K - Match Info - Similar pages
45-49-252.05
Section 45-49-252.05 Solid waste management permits. Permits required under Section 45-49-252.03
shall be issued in the following manner: (1) Any person desiring to obtain a permit shall
file an application for a permit with the director on application forms provided by the director
and shall accompany such application with: a. Name and address of the applicant, showing its
legal identity (individual, partnership, corporation, etc.). b. The business address of the
applicant. c. An inventory of all motorized equipment or other equipment to be used in such
collection, transportation, or disposal. d. The methods of storage, transport, and processing
to be used. e. The location and type of processing or disposal, or both, contemplated. f.
The types and amounts of wastes to be covered by permit, including a description of the project
or process generating wastes. g. The route or routes to be used in transporting and schedules
used. h. Issuance of county permits shall not relieve applicants...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-252.05.htm - 7K - Match Info - Similar pages
9-16-8
Section 9-16-8 Bonds, cash deposits or securities deposits of operators. (a) Any bond provided
in this article to be filed with the department by the operator shall be in the form as the
director prescribes, payable to the State of Alabama and conditioned that the operator shall
faithfully perform all applicable requirements of this article and comply with all applicable
rules of the department made in accordance with the provisions of this article. The bond shall
be signed by the operator, as principal, and by a good and sufficient corporate surety licensed
to do business in the State of Alabama, as surety. The penalty of the bond shall be two thousand
five hundred dollars ($2,500) for each acre covered by the permit. In lieu of a bond, the
operator may elect to deposit cash or negotiable bonds of the United States government or
the State of Alabama or any municipality within the state with the department in lieu of a
corporate surety. The cash deposit or market value of the...
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