37-14-4
Section 37-14-4 Primary supplier's option to acquire facilities within existing municipal limits.
The primary electric supplier within each municipality shall, at its option, have the right
to acquire all distribution facilities of any secondary electric supplier used to supply retail
electric service within the existing municipal limits and shall have the right to serve all
premises within the existing municipal limits of such municipality subject to the following;
(1) The primary electric supplier must announce its intention to exercise its option in writing
by registered or certified mail to the affected secondary suppliers within each municipality,
addressed to the chief executive officer or manager of such secondary supplier, no later than
nine months after April 26, 1984. Simultaneously with the delivery of the notice of exercise
of its option by the primary electric supplier, the primary electric supplier shall deposit
in escrow with a bank whose principal office is in Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-14-4.htm - 11K - Match Info - Similar pages

35-4-431
Section 35-4-431 Definitions. (a) As used in this article, the following words have the following
meanings: (1) ASSOCIATION. An association or unit owners' association, as defined in Section
35-8A-103 of the Alabama Uniform Condominium Act of 1991; an association as defined in Section
35-8-2 of the Condominium Ownership Act; or a nonprofit or cooperative membership organization
composed exclusively of owners of mobile homes, manufactured housing, time-shares, camping
resort interests, or other interests in real property that is responsible for the maintenance,
improvements, services, or expenses related to real property that is owned, used, or enjoyed
in common by the members. (2) PAYEE. The person or entity who claims the right to receive
or collect a private transfer fee payable under a private transfer obligation. A payee may
or may not have a pecuniary interest in the private transfer fee obligation. (3) PRIVATE TRANSFER
FEE. A fee or charge payable upon the transfer of an interest...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-4-431.htm - 5K - Match Info - Similar pages