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36-27-24
Section 36-27-24 Funds for assets of retirement system - Creation; composition; disposition
of funds; appropriations. (a) Effective October 1, 1997, all the assets of the retirement
system shall be credited according to the purpose for which they are held among three funds,
namely, the Annuity Savings Fund, the Pension Accumulation Fund, and the Expense Fund. The
operation of the former Pension Reserve Fund and the Annuity Reserve Fund shall be discontinued
as of such date and the balance of the former Pension Reserve Fund shall be transferred to
the Pension Accumulation Fund, and the balance of the former Annuity Reserve Fund shall be
transferred to the Pension Accumulation Fund. (b) Annuity Savings Fund. The Annuity Savings
Fund shall be a fund in which shall be accumulated contributions from the compensation of
members to provide for their annuities. Contributions to and payments from the Annuity Savings
Fund shall be made as follows: Effective October 1, 1971, each employer shall...
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45-8A-22.118
Section 45-8A-22.118 Maximum benefits; limitations; adjustments. (a) Annual Benefit
and Final Regulations Under Internal Revenue Code Section 415. (1) Annual Benefit.
For purposes of this section, "annual benefit" means the benefit payable
annually under the terms of the plan, exclusive of any benefit not required to be considered
for purposes of applying the limitations of Internal Revenue Code Section 415 to the
plan, in the form of a straight life annuity with no ancillary benefits. If the benefit is
payable in any other form, the annual benefit shall be adjusted to the equivalent of a straight
life annuity pursuant to subsection (c). (2) Final Regulations Under Internal Revenue Code
Section 415. Notwithstanding anything in this section to the contrary, the following
provisions apply beginning on or after January 1, 1976, except as otherwise provided in this
section. a. Incorporation by Reference. The limitations, adjustments, and other requirements
prescribed in the plan shall...
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40-2A-7
Section 40-2A-7 Uniform revenue procedures. (a) Maintenance of records; audit and subpoena
authority; authority to issue regulations. (1) In addition to all other recordkeeping requirements
otherwise set out in this title, taxpayers shall keep and maintain an accurate and complete
set of records, books, and other information sufficient to allow the department to determine
the correct amount of value or correct amount of any tax, license, permit, or fee administered
by the department, or other records or information as may be necessary for the proper administration
of any matters under the jurisdiction of the department. The books, records, and other information
shall be open and available for inspection by the department upon request at a reasonable
time and location. (2) The department may examine and audit the records, books, or other relevant
information maintained by any taxpayer or other person for the purpose of computing and determining
the correct amount of value or correct...
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6-12A-3
Section 6-12A-3 Tobacco product manufacturer certification; directory; stamping, sale,
or import of cigarettes not in directory. (a) Certification. Every tobacco product manufacturer
whose cigarettes are sold in this state whether directly or through a distributor, retailer,
or similar intermediary or intermediaries shall execute and deliver on a form prescribed by
the commissioner, a certification to the commissioner no later than the thirtieth day of April
each year, certifying that, as of the date of the certification, the tobacco product manufacturer
either: Is a participating manufacturer or is in full compliance with Section 6-12-3,
including all quarterly installment payments required by subsection (e) of Section
6-12A-5. (1) Each participating manufacturer shall include in its certification a list of
its brand families. The participating manufacturer shall update its list 30 days prior to
any addition or modification to its brand families by executing and delivering a...
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41-9-682
Section 41-9-682 Function and powers generally. (a) It shall be the function and main
purpose of the board to honor those, living or dead, who, by achievement or service, have
made outstanding and lasting contributions to music in Alabama or elsewhere. The board may
adopt such rules, regulations and bylaws as may be needed to carry out its functions. Also,
it may conduct surveys and polls and may appoint such committees and representatives as it
may determine necessary or desirable. The board may acquire, construct, install, equip, lease,
manage and operate buildings and other facilities consisting of any one or more of the following
to be located in Colbert County, Alabama: (i) a music hall of fame and exhibition facility
for the display of busts, statues, plaques, books, papers, computerized figures, memorabilia,
records, films, audio tapes, video tapes, compact disks, recordings, pictures and other exhibits
relating to music and musicians, (ii) a library, research and educational...
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8-6-2
Section 8-6-2 Definitions. When used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) COMMISSION or SECURITIES COMMISSION. The securities commission. (2) AGENT. Any individual
other than a dealer who represents a dealer or issuer in effecting or attempting to effect
sales of securities, but such term does not include an individual who represents an issuer
in: a. Effecting a transaction in a security exempted by subdivisions (1), (2), (3), (4),
(9) or (10) of Section 8-6-10; b. Effecting transactions exempted by Section
8-6-11; or c. Effecting transactions with existing employees, partners, or directors of the
issuer if no commission or other remuneration is paid or given directly or indirectly for
soliciting any person in this state. A partner, officer, or director of a dealer or issuer
is an agent if he otherwise comes within this definition. (3) DEALER. Any person engaged in
the...
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20-2-190
Section 20-2-190 Penalties; sale of ephedrine, etc.; Alabama Drug Abuse Task Force.
(a) Any person who manufactures, sells, transfers, receives, or possesses a listed precursor
chemical violates this article if the person: (1) Knowingly fails to comply with the reporting
requirements of this article; (2) Knowingly makes a false statement in a report or record
required by this article or the rules adopted thereunder; (3) Is required by this article
to have a listed precursor chemical license or permit, and is a person as defined by this
article, and knowingly or deliberately fails to obtain such a license or permit. An offense
under this subsection shall constitute a Class C felony. (b) Notwithstanding the provisions
of Section 20-2-188, a person who possesses, sells, transfers, or otherwise furnishes
or attempts to solicit another or conspires to possess, sell, transfer, or otherwise furnish
a listed precursor chemical or a product containing a precursor chemical or ephedrine or...
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41-9-355
Section 41-9-355 Loan from State Docks Department; commission may borrow from banks
pending such loan and pledge loan as security; $50,000.00 outstanding indebtedness forgiven.
(a) At such time as existing revenue bond covenants of the Alabama State Docks Department
are satisfied as a result of any refunding of revenue bond issues of the Alabama State Docks
Department that are outstanding as of August 1, 1963, the Alabama State Docks Department shall
loan $50,000.00 to the USS Alabama Battleship Commission from the trust fund that will be
released to the Alabama State Docks Department as a result of said refunding. This loan shall
be repaid to the Alabama State Docks Department from the proceeds of the first revenue issue
authorized under this article. Pending said loan from the Alabama State Docks Department from
the released trust fund, the USS Alabama Battleship Commission is hereby authorized to borrow
from any bank or banks in the state of Alabama such sums up to $50,000.00 as are...
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33-2-14
Section 33-2-14 Exercise of authority by Governor and department; evidence of approval
and consent of Governor and department. The Governor and the State Docks Department, respectively,
are hereby directed and required to exercise the power and authority by this article conferred
upon them, respectively, to whatever extent is necessary to the accomplishment of the improvement
and development hereby authorized. Any approval or consent by the Governor required by this
article shall be sufficiently evidenced by a certificate to that effect signed by the Governor
and filed in the office of the State Treasurer, and approval or consent by the State Docks
Department shall be sufficiently shown by a certificate signed by the director of state docks
and attested by the Secretary-Treasurer of the Alabama State Docks Department and filed in
the office of the State Treasurer. (Acts 1957, No. 311, p. 408, ยง14.)...
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36-17-14
Section 36-17-14 Issuance of duplicates of lost or destroyed registered state bonds.
Whenever it shall be made to appear to the Governor, auditor and Treasurer, by clear and satisfactory
evidence, that any duly registered bond of the State of Alabama, bearing interest, has been
lost or destroyed so that the same is not held by any person as his property, they shall issue
a duplicate of such registered bond, in like amount, bearing like interest and executed and
marked in like manner as the bond so proved to have been lost or destroyed. But the owner
of such lost or destroyed bond shall first execute a penal bond in double the amount of such
lost or destroyed bond and the interest which would thereafter accrue thereon, with two good
and sufficient sureties, to be approved by the Governor, payable to the State of Alabama,
with condition to indemnify and save harmless the state from any claim because of such lost
or destroyed bond. Such penal bond shall be filed and kept in the office of...
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