27-27-24
Section 27-27-24 Directors of domestic insurers - Removal; vacancies. (a) At a special meeting of stockholders or members called for that purpose, any director of a stock or mutual insurer may be removed from office by an affirmative vote of stockholders or members holding in the aggregate a majority of the voting power of all stockholders or members of an insurer entitled to vote at an election of directors. If the board of directors, or any member thereof, is so removed, new directors may be elected at the same meeting. (b) Vacancies in the board of directors may be filled by the remaining members of the board, and each person so elected shall be a director until his successor is elected by the stockholders or members at the next annual meeting of stockholders or members or at any special meeting of stockholders or members called for that purpose and held prior thereto. (Acts 1971, No. 407, p. 707, §520.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-24.htm - 1K - Match Info - Similar pages
27-31A-3.1
Section 27-31A-3.1 Risk retention groups to comply with governance standards. (a) By January 1, 2016, existing risk retention groups shall be in compliance with the governance standards set forth in this section. New risk retention groups shall be in compliance with these standards at the time of licensure. (b) The board of directors or board, as used in this section, means the governing body of the risk retention group elected by the shareholders or members to establish policy, elect or appoint officers and committees, and make other governing decisions. Director, as used in this section, means a natural person designated in the articles of the risk retention group, or designated, elected, or appointed by any other manner, name, or title to act as a member of the board of directors. (c)(1) The board of directors of the risk retention group shall have a majority of independent directors. If the risk retention group is a reciprocal, then the attorney-in-fact would be required to adhere...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31A-3.1.htm - 10K - Match Info - Similar pages
33-13-4
Section 33-13-4 Procedure for incorporation. To become a corporation, the Governor, the Director of Finance, one member of the Senate, appointed by the president of the Senate, one member of the House of Representatives, appointed by the Speaker of the House and the Director of the State Docks Department shall present to the Secretary of State of the State of Alabama an application which shall set forth: (1) The name, official designation and official residence of each of the applicants, together with certificates respecting the due election of those who are elected to the offices respectively held by them and certified copies of the commissions evidencing the due appointment of those who are appointed to the offices respectively held by them; (2) The date on which each applicant was inducted into office and the term of office of each applicant; (3) The name of the proposed public corporation, which shall be Alabama Port Authority; (4) The location of a principal office of the proposed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-13-4.htm - 1K - Match Info - Similar pages
41-23-122
Section 41-23-122 Inland Waterways and Intermodal Infrastructure Advisory Board. (a) The Director of ADECA shall create an Inland Waterways and Intermodal Infrastructure Advisory Board to advise the Director of ADECA. The membership of the board shall be inclusive and reflect the racial, gender, geographic, urban and rural, and economic diversity of the state. The membership of the board shall be composed of the following members to be selected and appointed by the Director of ADECA in consultation with the Coalition of Alabama Waterway Associations: (1) One representative from each of the associations representing the five major navigable waterways serving Alabama, namely the Coosa-Alabama River Improvement Association, Warrior-Tombigbee Waterway Association, Tri Rivers Waterway Development Association, Tennessee River Valley Association, and Tennessee-Tombigbee Waterway Development Authority. (2) One member from public port operations which have existing waterfront cargo handling...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-23-122.htm - 3K - Match Info - Similar pages
41-5A-3
Section 41-5A-3 Chief examiner - Qualifications. (a) The chief examiner shall be selected with consideration of his or her training, experience, capacity, and fitness for the duties as executive and administrative head of the Department of Examiners of Public Accounts. (b)(1) The chief examiner may not have been a partisan candidate for political office within four years preceding his or her appointment. (2) The chief examiner is not eligible for appointment or election to any state, county, or municipal office, nor shall he or she be a member of a committee of any political party during the term for which he or she is appointed. Violation of this subsection shall automatically result in removal from the office of chief examiner. (Act 2018-129, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-5A-3.htm - 1K - Match Info - Similar pages
45-37A-54.32
Section 45-37A-54.32 Board of commissioners. (a) The district shall be governed by a board of commissioners which shall be composed of the following members: (1) Two persons appointed by the Jefferson County House delegation. (2) Two persons appointed by the Jefferson County Senate delegation. (3) One person appointed by the Mayor of the City of Birmingham. (b) The terms of office of the members shall be as follows: (1) The members appointed by the Jefferson County House delegation shall serve a term of three years. (2) The members appointed by the Jefferson County Senate delegation shall serve a term of four years. (3) The member appointed by the Mayor of the City of Birmingham shall serve a term of two years. (c) After the initial appointment, each member shall serve four-year terms until his or her successor is appointed. All members shall serve at the pleasure of their appointing authorities and shall be appointed from the state at large. No person shall be eligible for board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-54.32.htm - 3K - Match Info - Similar pages
45-41-83.11
Section 45-41-83.11 Drug court program. (a) The following words shall have the following meanings for the drug court program: (1) DRUG COURT TEAM. A diverse group of persons consisting of all of the following: a. A circuit judge appointed by the board. b. The district attorney or his or her designee. c. A public defender or member of the criminal defense bar appointed by the board. d. A law enforcement officer appointed by the board. e. The drug court coordinator. f. A representative from the corrections division of the Lee County Sheriff's office appointed by the board. g. A court referral officer or state probation officer appointed by the board. h. Any other person selected by a majority of the drug court team. (2) DRUG OFFENDER. A person charged with or convicted of an offense involving the use, abuse, or possession of drugs or drug paraphernalia. Such persons do not include those currently charged with or convicted of driving or boating under the influence in any state, local,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-41-83.11.htm - 3K - Match Info - Similar pages
5-17-11
Section 5-17-11 Election of officers; duties of officers and directors; compensation; liability. (a) At the first meeting and at subsequent times prescribed in the bylaws, the directors shall elect a president. The president must be either a member of the board of directors or an employee of the credit union who is not a member of the board of directors. If the credit union elects a president who is not a member of the board of directors, the board of directors shall elect from their own number a chair and one or more vice chairs of the board of directors. The board of directors, in accordance with the bylaws, may remove any officer who is not a member of the board of directors. At the first meeting and at subsequent annual meetings prescribed in the bylaws, the directors shall elect from their own number, a secretary and treasurer, who may be the same individual. To nominate a candidate by petition, the petition should conform to the requirements as specified in the bylaws. The bylaws...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-11.htm - 4K - Match Info - Similar pages
10A-2A-10.22
Section 10A-2A-10.22 Bylaw provisions relating to the election of directors. (a) Unless the certificate of incorporation (i) specifically prohibits the adoption of a bylaw pursuant to this section, (ii) alters the vote specified in Section 10A-2A-7.28(a), or (iii) provides for cumulative voting, a corporation may elect in its bylaws to be governed in the election of directors as follows: (1) each vote entitled to be cast may be voted for or against up to that number of candidates that is equal to the number of directors to be elected, or a stockholder may indicate an abstention, but without cumulating the votes; (2) to be elected, a nominee shall have received a plurality of the votes cast by holders of stock entitled to vote in the election at a meeting at which a quorum is present, provided that a nominee who is elected but receives more votes against than for election shall serve as a director for a term that shall terminate on the date that is the earlier of (i) 90 days from the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-10.22.htm - 3K - Match Info - Similar pages
11-54-176
Section 11-54-176 Board of directors; composition; election; terms; vacancies; qualifications; expenses; removal. Each authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. The board shall consist of five directors who shall be elected by the governing body of the authorizing municipality for staggered terms as hereinafter provided. The governing body of the authorizing municipality shall specify for which term each director is elected. The initial terms of office of two such directors shall begin immediately upon their respective elections and shall end at 12:01 o'clock, A.M., on March 15 of the first succeeding odd-numbered calendar year following their election. The initial terms of office of three such directors shall begin immediately upon their respective elections and shall end at 12:01 o'clock, A.M., March 15 of the second succeeding odd-numbered calendar year following their election....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-176.htm - 2K - Match Info - Similar pages
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