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27-17-16
Section 27-17-16 Valuation of life insurance reserve liabilities for burial insurance
policies; increase in amount of insurance; minimum standards for valuation; notice to commissioner
as to change in valuation standards; increase in retail value, nonforfeiture value, and cash
surrender value; construction with other laws. (a) Except as hereinafter provided, any authorized
insurer who issues or has heretofore issued "burial insurance" in this state shall
value the life insurance reserve liabilities for such policies (hereinafter "burial reserves")
in accordance with the provisions of Section 27-36-7. (b) An insurer shall increase
the amount of insurance on which its burial reserves are based, not to exceed the retail value
of such benefits as stated in the policies, when appropriate to reflect an increase in the
costs to the insurer of providing the policy benefits. When an insurer shall increase the
amount of insurance for this purpose, it shall be permitted to change the assumed...
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27-32-27.1
Section 27-32-27.1 Authority of receivers and federal home loan banks regarding collateral
pledged by insurer members in delinquency proceedings. (a) For purposes of this chapter, the
following terms shall have the following meanings: (1) FEDERAL HOME LOAN BANK or FHLB. A federal
home loan bank established pursuant to the Federal Home Loan Bank Act, 12 U.S.C. Section
1421, et seq. (2) INSURER MEMBER. An insurer who is a member of a federal home loan bank.
(b) Notwithstanding any other provision of this chapter, the receiver for an insurer member
may not void any transfer of, or any obligation to transfer, money or any other property arising
under or in connection with any federal home loan bank security agreement, or any pledge,
security, collateral, or guarantee agreement, or any other similar arrangement or credit enhancement
relating to a federal home loan bank security agreement made in the ordinary course of business
and in compliance with the applicable federal home loan bank...
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27-7-5.1
Section 27-7-5.1 Licenses - Limited license for motor vehicle rental companies. (a)
As used in this section, the following terms shall have the following meanings: (1)
RENTAL AGREEMENT. Any written agreement setting forth the terms and conditions governing the
use of a vehicle provided by the rental company for rental or lease. (2) RENTAL COMPANY. Any
person or entity in the business of providing rental vehicles to the public under a rental
agreement for a period not to exceed 90 days. (3) RENTAL PERIOD. The term of the rental agreement.
(4) RENTER. Any person obtaining the use of a vehicle from a rental company under the terms
of a rental agreement for a period not to exceed 90 days. (5) VEHICLE OR RENTAL VEHICLE. A
motor vehicle of the private passenger type (including passenger vans, minivans, and sport
utility vehicles) and of the cargo type (including cargo vans, pickup trucks, and trucks with
gross vehicle weight of less than 26,000 pounds, which do not require the operator to...
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32-7C-2
Section 32-7C-2 Insurance requirements. (a) On or before October 30, 2016, and thereafter,
a TNC driver or a TNC on the behalf of the TNC driver shall maintain primary automobile insurance
that recognizes that the driver is a TNC driver or otherwise uses a vehicle to transport riders
for compensation and covers the driver under both of the following circumstances: (1) While
the TNC driver is logged onto the digital network of a TNC. (2) While the TNC driver is engaged
in a prearranged ride. (b)(1) The following automobile insurance requirements shall apply
while a participating TNC driver is logged on to the digital network of a TNC and is available
to receive transportation requests but is not engaged in a prearranged ride: a. Primary automobile
liability insurance in the amount of at least fifty thousand dollars ($50,000) for death and
bodily injury per person, one hundred thousand dollars ($100,000) for death and bodily injury
per incident, and twenty-five thousand dollars ($25,000)...
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34-19-16
Section 34-19-16 Where care may be performed; required forms an duties of licensed midwife.
(a) A licensed midwife may provide midwifery care in the setting of the client's choice, except
a hospital. (b) A licensed midwife shall ensure that the client has signed a midwife disclosure
form provided by the board indicating receipt of a written statement that includes all of
the following information: (1) A description of the licensed midwife's education, training,
and experience in midwifery. (2) Antepartum, intrapartum, and postpartum conditions requiring
medical referral, transfer of care, and transport to a hospital. (3) A plan for medical referral,
transfer of care, and transport of the client or newborn or both when indicated by specific
antepartum, intrapartum, or postpartum conditions. (4) Instructions for filing a complaint
against a licensed midwife. (5) A statement that the licensed midwife must comply with the
federal Health Insurance Portability and Accountability Act. (6) The...
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5-1A-8
Section 5-1A-8 Effect of repeal of prior acts. The repeal of a prior act by Chapters
1A through 12A of this title shall not impair, or otherwise affect, the organization or the
continued existence of an existing bank. Nor shall the repeal of a prior act by Chapters 1A
through 12A of this title affect any right accrued or established, or any liability or penalty
incurred, or the construction of the certificate of incorporation or charter of any bank organized
before the enactment of Chapters 1A through 12A of this title, or the determination of the
rights and interests of any of its shareholders or creditors, under the provisions of such
prior act before the repeal thereof. (Acts 1980, No. 80-658, §5-13-4.)...
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8-33-13
Section 8-33-13 Applicability. This chapter applies to all vehicle protection products
sold or offered for sale on or after January 1, 2007. The failure of any person to comply
with this chapter prior to January 1, 2007, shall not be admissible in any court proceeding,
administrative proceeding, arbitration, or alternative dispute resolution proceeding and may
not otherwise be used to prove that the action of any person or the affected vehicle protection
product was unlawful or otherwise improper. The adoption of this chapter does not imply that
a vehicle protection product warranty was insurance prior to January 1, 2007. The penalty
provisions of this chapter do not apply to any violation of this chapter relating to or in
connection with the sale or failure to disclose in a retail installment contract or lease,
or contract or agreement that provides for payments under a vehicle protection product warranty
as long as the sale of such product, contract, or agreement was otherwise...
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8-6-51
Section 8-6-51 Membership; qualifications and appointment of commissioners; use or disclosure
of confidential information by commissioners, employees, etc.; civil liability of commissioners.
(a) The Securities Commission shall consist of the Attorney General of Alabama, the State
Superintendent of Banks, the State Superintendent of Insurance and four other members appointed
by the Governor by and with the advice and consent of the Senate. Two appointed members shall
be members of the Alabama Bar Association appointed from a list of three nominees for each
position submitted by the bar association, and the other two appointed members shall be certified
public accountants appointed from a list of three nominees for each position submitted by
the Alabama Society of Certified Public Accountants. The membership of the commission shall
be inclusive and reflect the racial, gender, geographic, urban/rural, and economic diversity
of the state. (b) No person may be appointed to or by the...
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10A-3-8.02
Section 10A-3-8.02 Effect of repeal of prior acts. The repeal of a prior act by this
title shall not impair, or otherwise affect, the organization or the continued existence of
an existing nonprofit corporation, nor the right of any foreign nonprofit corporation presently
qualified to conduct affairs in Alabama to continue to do so without again qualifying to conduct
affairs in Alabama. Nor shall the repeal of a prior act by this title affect any right accrued
or established, or any liability or penalty incurred, or the construction of the certificate
of incorporation or charter of any nonprofit corporation organized before the enactment of
this title, or the determination of the rights and interests of any of its members or creditors,
under the provisions of the prior act before the repeal thereof. (Acts 1984, No. 84-290, p.
502, §91; §10-3A-225; amended and renumbered by Act 2009-513, p. 967, §199.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-8.02.htm - 1K - Match Info - Similar pages
11-54-56
Section 11-54-56 Bonds - Disposition of proceeds from sale. (a) The proceeds derived
from the sale of any bonds issued under authority of this article, other than refunding bonds,
shall be used only to pay the cost of acquiring, constructing, improving, enlarging, equipping
and furnishing one or more projects as may be provided in the proceedings in which the bonds
are authorized to be issued. (b) Such cost shall be deemed to include the following: (1) The
cost of acquiring any land forming a part of the project; (2) The cost of the labor, materials
and supplies used in any such construction, improvement or enlargement, including architect's
and engineer's fees and the cost of preparing contract documents; (3) The purchase price of
and the cost of installing equipment, furniture and furnishings for the project; (4) The cost
of landscaping the lands forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities and parking facilities in...
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