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41-14A-9
Section 41-14A-9 Procedures for payment of losses. (a) When the State Treasurer becomes
aware that a default or insolvency has occurred, the State Treasurer shall provide notice
as required in subsection (b) and implement the following procedures: (1) The State Treasurer
shall obtain information from the Superintendent of Banks of the State Banking Department
or the receiver of the qualified public depository in default in order to ascertain the amount
of funds of each public depositor on deposit at such depository and the amount of deposit
insurance applicable to such deposits. (2) The potential loss to public depositors shall be
calculated by compiling claims received from public depositors. The State Treasurer shall
validate claims of public depositors who filed claims under subsection (b) and which have
been confirmed under subdivision (1). (3) The loss to public depositors shall be satisfied,
insofar as possible, first through any applicable deposit insurance and then through the...
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5-25-4
Section 5-25-4 License to transact business as a mortgage broker. (a) On and after January
1, 2002, no person shall transact business in this state directly or indirectly as a mortgage
broker unless he or she is licensed as a mortgage broker by the department, or is a person
exempted from the licensing requirements pursuant to Section 5-25-3. (b) A licensee
shall obtain a license for each location where the business of the mortgage broker is transacted.
(c) On or after January 1, 2002, every person who directly or indirectly controls a person
who violates subsection (a), including a general partner, executive officer, joint venturer,
or director of the person, violates subsection (a) with and to the same extent as the person,
unless the person whose violation arises under this subsection sustains the burden of proof
that he or she did not know and, in the exercise of reasonable care, could not have known
of the existence of the facts by reason of which the original violation is alleged...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-25-4.htm - 1K - Match Info - Similar pages
9-17-22
Section 9-17-22 Illegal oil, gas or product - Seizure, condemnation and sale. Apart
from and in addition to any other remedy or procedure which may be available to the board
or any penalty which may be sought against or imposed upon any person with respect to violations
relating to illegal oil, illegal gas or illegal product, all illegal oil, illegal gas and
illegal products shall, except under such circumstances as are stated in this section,
be contraband, forfeited to the State of Alabama and shall be seized and sold and the proceeds
applied as provided in this section. When any such seizure shall have been made, it
shall be the duty of the Attorney General of the state to institute at once condemnation proceedings
in the circuit court of the county in which such property is seized by filing a complaint
in the name of the state against the property seized, describing the same, or against the
person or persons in possession of such illegal property, if known, to obtain a judgment...
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16-8-42.1
Section 16-8-42.1 Authority for risk management cooperative. (a) Definitions. For the
purpose of this section, the following terms shall have the meanings subscribed to
them by this section: (1) RISK MANAGEMENT COOPERATIVE. An entity or entities, to be
formed by local boards of education in any combination of 25 or more for the purpose of pooling
resources and funds to jointly purchase insurance or to self-insure such boards of education,
their members and employees, against risks to which they are exposed. (2) MEMBER BOARDS OF
EDUCATION. A city board of education, county board of education, Department of Youth Services
School District, Alabama Institute for Deaf and Blind, State Board of Education or other public
education governing board which elects to pool its resources and funds with one or more other
boards of education for the purpose of forming a risk management cooperative. (b) Boards of
education in any combination of 25 or more may establish a risk management cooperative for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-8-42.1.htm - 4K - Match Info - Similar pages
22-21-276
Section 22-21-276 Injunctive relief; issuance of license for inpatient beds or facilities
in violation of article prohibited; facilities in violation of article not to receive reimbursement
for services. (a) Injunctive relief against violations of this article or any reasonable rules
and regulations of the SHPDA may be obtained from the Circuit Court of Montgomery County,
Alabama, at the instance of the SHPDA, any holder of a certificate of need that is adversely
affected in the exercise of privileges thereunder by such violation or any member of the public
directly and adversely affected by such violation. Upon written request by the SHPDA, it shall
be the duty of the Attorney General of the State of Alabama to furnish such legal services
as may be appropriate and to prosecute such action for injunctive relief to an appropriate
conclusion. (b) The State Board of Health shall not issue a license to operate new inpatient
beds or any health care facility constructed, or acquired in...
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27-10-24
Section 27-10-24 Licensing of surplus line brokers. (a) Any person, while licensed as
a resident insurance producer in this state for the property lines of authority and who is
deemed by the commissioner to have had sufficient experience in the insurance business to
be competent for the purpose may be licensed as a surplus line broker for the types and kinds
of insurance that he or she as a resident producer is licensed to handle as follows: (1) Application
to the commissioner for the license shall be made on forms as designated and furnished by
the commissioner. (2) License fee in the amount stated in Section 27-4-2 shall be paid
to the commissioner. The license shall expire on December 31 next after its issue. (3) Prior
to the issuance of the license, the applicant shall file with the commissioner, and thereafter
for as long as any license remains in effect he or she shall keep in force and unimpaired,
a bond in favor of the State of Alabama in the penal sum of at least fifty...
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27-44-12
Section 27-44-12 Duties of commissioner and board with regard to detection and prevention
of insolvencies or impairment. To aid in the detection and prevention of insurer insolvencies
or impairment: (1) It shall be the duty of the commissioner: a. To notify the commissioners
of those states, territories of the United States and the District of Columbia where such
member company is licensed when he takes any of the following actions against a member insurer:
1. Revocation of license; 2. Suspension of license; 3. Makes any formal order that such company
restrict its premium writing or obtain additional contributions to capital or surplus. Such
notice shall be mailed to all commissioners within 30 days following the action taken or the
date on which such action occurs. b. To report to the board of directors when he has taken
any of the actions set forth in paragraph a. of this subdivision or has received a report
from any other commissioner indicating that any such action has been taken...
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34-11-1
Section 34-11-1 Definitions. For the purposes of this chapter, the following words and
phrases shall have the respective meanings ascribed by this section: (1) BOARD. The
State Board of Licensure for Professional Engineers and Land Surveyors, provided for by Section
34-11-30. (2) DESIGN COORDINATION. The review and coordination of technical submissions prepared
by persons other than the principal engineer, including, as appropriate and without limitations,
consulting engineers, architects, landscape architects, land surveyors, and other professionals
working under the direction of the engineer. (3) DISCIPLINARY ACTION. Any final written decision,
order, consent agreement, public reprimand, or other formal action taken against an individual
or firm by the board based upon a violation of this chapter or a board rule. (4) ENGINEER
INTERN. An individual who has been certified as an engineer intern by the board. (5) ENGINEER
or PROFESSIONAL ENGINEER. An individual who, by reason of his or...
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34-14A-14
Section 34-14A-14 Violations; complaint procedures. (a) Any person who undertakes or
attempts to undertake the business of residential home building without holding a current
and valid residential home builders license, issued by the Home Builders Licensure Board,
as required by this chapter, or who knowingly presents to, or files false information with
the board for the purpose of obtaining the license or who violates any law or code adopted
by a county commission under this chapter shall be deemed guilty of a Class A misdemeanor.
(b) Upon notice from the board, any person who undertakes or attempts to undertake the business
of residential home building without holding a current and valid residential home builders
license, as required by the provisions of this chapter, shall immediately cease. Such notice
shall be in writing and shall be given to the owner of the property, or to his or her agent,
or to the residential home builder, or to the person doing the work, and shall state the...
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34-24-192
Section 34-24-192 Board of Physical Therapy - Generally. (a) Composition; appointment
and terms of members. The Board of Physical Therapy shall consist of seven members. Four members
shall be physical therapists, two members shall be physical therapist assistants, and one
member shall be a consumer. The members shall be appointed by the Governor from a list of
five persons nominated for each place on the board by the current licensees and certified
to him or her by the board. The four physical therapist members shall be nominated from the
congressional districts. The physical therapist assistant members shall be nominated from
the northern and southern areas of the state. The consumer member shall be nominated from
the state at large. For the purpose of preparing the list of five names for each position
on the board, the board shall request nominations from vacant or potentially vacant congressional
districts. In the event that five names are not received, the board shall request...
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