Code of Alabama

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11-47-226
Section 11-47-226 Loans, donations, performance of services, etc., by county, municipality,
or other political subdivision, etc., to achieve objectives of article; funding agreements;
amount of indebtedness under funding agreements. (a) For the purpose of attaining the objectives
of this article, any county, municipality, or other political subdivision, or public corporation,
agency, or instrumentality of the state, a county, or municipality, may, upon such terms and
with or without consideration, as it may determine, do any or all of the following: (1) Lend
or donate money to an authority or perform services for the benefit thereof. (2) Donate, sell,
convey, transfer, lease, or grant to an authority, without the necessity of authorization
at any election of qualified voters, any property of any kind. (3) Do any and all things,
whether or not specifically authorized in this section, not otherwise prohibited by
law, which are necessary or convenient to aid and cooperate with an...
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11-99B-12
Section 11-99B-12 Loans, sales, grants, guarantees, contractual or lease obligations
of money or property, to district by counties, municipalities, and public corporations. (a)
For the purpose of securing services of or the right to use or the use by its citizens or
customers of one or more projects of a district, or aiding or cooperating with the district
in the planning, development, undertaking, acquisition, construction, extension, improvement,
financing, operation, or protection of a project, any county, municipality, or other political
subdivision, public corporation, agency, or instrumentality of this state may, upon such terms
and with or without consideration, as it may determine: (1) Lend or donate money to, guarantee
all or any part of the indebtedness or operating expense of, or perform services for the benefit
of, the district. (2) Donate, sell, convey, transfer, lease, or grant to the district, without
the necessity of authorization at any election of qualified voters,...
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23-1-177
Section 23-1-177 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president and attested by its secretary, and the seal of the corporation shall be affixed
thereto or printed or otherwise reproduced thereon; provided, that a facsimile of the signature
of one, but not both, of the officers may be printed or otherwise reproduced on any such bonds
in lieu of his or her signing the same. (b) Any bonds of the corporation may be executed and
delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall bear such rate or rates of interest payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain such
other provisions not inconsistent with this article, all as may be provided by the resolution
of the board of directors under which such bonds are authorized to be issued; provided, that
no bond of the corporation shall have a specified maturity date...
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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...
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40-20-3
Section 40-20-3 Tax levied upon producers in proportion to ownership at time of severance;
by whom tax paid; lien. (a) The privilege tax hereby imposed is levied upon the producers
of such oil or gas in the proportion of their ownership at the time of severance, but, except
as otherwise herein provided, the tax shall be paid by the person in charge of the production
operations, who is hereby authorized, empowered, and required to deduct from any amount due
to producers of such production at the time of severance the proportionate amount of the tax
herein levied before making payments to such producers. The tax shall become due and payable
as provided by this article and such tax shall constitute a first lien upon any of the oil
or gas so produced when in the possession of the original producer or any purchaser of such
oil or gas in its unmanufactured state or condition. In the event the person in charge of
production operations or the purchaser fails to pay the tax, then the department...
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41-10-239
Section 41-10-239 Property rights not to be affected by article; sections imposing licensing
requirements, taxes, etc., are void if such requirements not otherwise imposed. It is the
intent of this article that it shall not restrict or impair the real, personal or mixed property
in which any individual person, industry, business, utility, industrial development board
or similar board or authority, public or private corporation or the Alabama State Port Authority
has any legal, equitable, absolute or conditional right, title or interest, whether by fee
simple, leasehold, easement, possession, contract, license, permit or any other form of ownership
or other rights thereto whatsoever or any existing or future rights of way required by the
State of Alabama Department of Transportation for the construction of Interstate Route I-210
and the construction of the new Cochrane Bridge and its roadway approaches and any future
connections to or between these two highway facilities. In the event...
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7-2A-303
Section 7-2A-303 Alienability of interests, transfer of rights, etc. (1) As used in
this section, "creation of a security interest" includes the sale of a lease
contract that is subject to Article 9A, Secured Transactions, by reason of Section
7-9A-109(a)(3). (2) Except as provided in subsection (3) and Section 7-9A-407, a provision
in a lease agreement which (i) prohibits the voluntary or involuntary transfer, including
a transfer by sale, sublease, creation, or enforcement of a security interest, or attachment,
levy, or other judicial process, of an interest of a party under the lease contract or of
the lessor's residual interest in the goods, or (ii) makes such a transfer an event of default,
gives rise to the rights and remedies provided in subsection (4), but a transfer that is prohibited
or is an event of default under the lease agreement is otherwise effective. (3) A provision
in a lease agreement which (i) prohibits a transfer of a right to damages for default with
respect to...
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8-6-91
Section 8-6-91 Definitions. In this article, unless the context otherwise requires,
the following terms shall have the meanings ascribed to them by this section: (1) BANK.
A bank, trust company, national banking association, savings bank, or industrial bank. (2)
BROKER. A person, including a bank, lawfully engaged in the business of effecting transactions
in securities for the account of others and includes a broker lawfully engaged in buying and
selling securities for his own account. (3) ISSUER. A person who places, or authorizes the
placing of, his name on a security other than as a transfer agent to evidence that it represents
a share, participation, or other interest in his property or in an enterprise or to evidence
his duty to perform an obligation evidenced by the security or who becomes responsible for
or in place of any such person. (4) PERSON. Such term includes a corporation, government or
governmental subdivision or agency, business trust, estate, trust, partnership or...
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9-16-96
Section 9-16-96 Designation of areas unsuitable for surface coal mining; right to petition;
review and public hearing; areas exempt from mining operations. (a)(1) The regulatory authority
shall establish a planning process enabling objective decisions based upon competent and scientifically
sound data and information as to which, if any, land areas of the state are unsuitable for
all or certain types of surface coal mining operations pursuant to the standards set forth
in subdivisions (2) and (3) of this subsection but such designation shall not prevent the
mineral exploration pursuant to the article of any area so designated. (2) Upon petition pursuant
to subsection (c) of this section, the regulatory authority shall designate an area
as unsuitable for all or certain types of surface coal mining operations if the regulatory
authority determines that reclamation pursuant to the requirements of this article is not
technologically and economically feasible. (3) Upon petition pursuant to...
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11-48-49
Section 11-48-49 Proceedings for sale of land upon failure of owner to pay assessment,
installment, or interest - Notice. If the property owner who has not elected to pay installments
fails to pay his assessments within 30 days or, having elected to pay in installments, fails
to pay the first installment in 30 days from the date of the assessment or makes default in
the payment of any annual installment or the interest thereon, the whole of such assessment
shall immediately become due and payable, and the officer designated by the municipality to
collect such assessments shall proceed to sell the property against which the assessment is
made to the highest bidder for cash, but he shall first give notice by publication once a
week for three consecutive weeks in some newspaper published in the city or town or of general
circulation therein of the date and time of such sale and the purpose for which the same is
made, together with a description of the property to be sold. If said officer...
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