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5-17-18
Section 5-17-18 Interest rates and finance charges on loans; late charge. State chartered credit
unions may charge such rates of interest and other finance charges as are authorized for other
financial institutions pursuant to the Alabama Consumer Credit Act or other applicable law
and may charge a late charge in an amount authorized by the Alabama Consumer Credit Act, provided
that such late charge may only be assessed on simple interest loans and simple interest open-end
credit plans. As used herein, "simple interest" means charging an interest rate
on the unpaid balances of the amount outstanding from time to time for the actual time such
balance is outstanding. (Acts 1927, No. 597, p. 696; Code 1940, T. 28, §296; Acts 1989, No.
89-632, p. 1241, §2.)...
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35-20-13
Section 35-20-13 Records. (a) A homeowners' association subject to this chapter shall maintain
records and information to be made available to each member or potential purchaser, upon written
request, within a reasonable time not to exceed 30 days from the date of the request, and
upon the payment of reasonable associated costs. Any homeowners' association may provide the
records and information in paper or electronic form or direct the member or potential purchaser
to the location of any public record containing the records or information. (b) Upon written
request by a member or potential purchaser and upon payment of reasonable costs, the homeowners'
association, as specified in subsection (a), shall provide or direct the member or potential
purchaser to the location of the public record containing the following: (1) Documents reflecting
the most recent assessments, any pending homeowners' association assessments approved by the
board but not yet in effect, or any mandatory dues and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-20-13.htm - 2K - Match Info - Similar pages
33-13-7
Section 33-13-7 Powers enumerated. The authority shall have the following powers: (1) To have
succession by its corporate name without time limit; (2) To bring civil actions against others,
to have civil actions brought against it, but only for breach of contract and to prosecute
and defend in any court having jurisdiction of the subject matter and of the parties; (3)
To have and to use a corporate seal and to alter the same at its pleasure; (4) To act as the
agency of the state in authorizing, selling, issuing and approving disbursement of the proceeds
of said general obligation bonds of the state subject to the provisions of this chapter; (5)
To provide for and specify the details of and to supervise and make sale of general obligation
bonds of the state subject to the provisions of this chapter; (6) To make studies and analyses
of the operations of the state docks facilities and to make the reports and recommendations
provided for in Section 33-13-8; (7) To appoint and employ such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-13-7.htm - 1K - Match Info - Similar pages
40-13-54
Section 40-13-54 Rate and collection of tax; credit; liability for tax. (a) The rate of the
tax shall be ten cents ($0.10) per ton on severed material sold as tangible personal property.
Provided, however, that naturally occurring unprocessed sand may be taxed at a higher rate
by a local act and all such tax collected at such higher rate shall be remitted directly to
the jurisdiction in which the operator severing such naturally occurring unprocessed sand
is located. (b) Except as provided in Section 40-13-55(c), the tax levied by this article
shall be collected by the producer and become due and payable by the purchaser thereof at
the time of sale or delivery, whichever first occurs, provided that the tax shall be identified
as a severance tax on a bill of sale, invoice, or similar sales document to the purchaser
thereof, otherwise the tax shall instead be the obligation of the producer. The tax levied
under this article shall not be included in the measure of tax for any other tax...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-13-54.htm - 2K - Match Info - Similar pages
7-4A-406
Section 7-4A-406 Payment by originator to beneficiary; discharge of underlying obligation.
(a) Subject to Sections 7-4A-211(e), 7-4A-405(d), and 7-4A-405(e), the originator of a funds
transfer pays the beneficiary of the originator's payment order (i) at the time a payment
order for the benefit of the beneficiary is accepted by the beneficiary's bank in the funds
transfer and (ii) in an amount equal to the amount of the order accepted by the beneficiary's
bank, but not more than the amount of the originator's order. (b) If payment under subsection
(a) is made to satisfy an obligation, the obligation is discharged to the same extent discharge
would result from payment to the beneficiary of the same amount in money, unless (i) the payment
under subsection (a) was made by a means prohibited by the contract of the beneficiary with
respect to the obligation, (ii) the beneficiary, within a reasonable time after receiving
notice of receipt of the order by the beneficiary's bank, notified the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-4A-406.htm - 2K - Match Info - Similar pages
34-27-62
Section 34-27-62 Enforcement and implementation of article; acts constituting misdemeanors;
voidability of sales of unregistered plans, etc. (a) The Alabama Real Estate Commission shall
be responsible for the enforcement and implementation of this article, and the Attorney General
of the State of Alabama, or the district attorney of any county of the State of Alabama upon
request by the commission, shall assist the commission in the enforcement of this article
and the prosecution of violations hereunder. The provisions of this article shall not be construed
to limit in any manner the right of any party to bring a private action to enforce the provisions
of this article. In addition to the administrative enforcement of this article by the commission,
the following shall be Class A misdemeanors triable in the courts of Alabama: (1) It shall
be a Class A misdemeanor for any person, natural or legal, while within the borders of the
State of Alabama, to participate in the sale or attempted...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27-62.htm - 2K - Match Info - Similar pages
45-29-140.05
Section 45-29-140.05 Powers of authority; rates and charges. (a) The authority shall have the
following powers, together with all powers incidental thereto or necessary to the discharge
thereof in corporate form: (1) To have succession by its corporate name for the duration of
time specified in its certificate of incorporation. (2) To sue and be sued in its own name
in civil actions, except as otherwise provided in this article, and to defend civil actions
against it. (3) To adopt and make use of a corporate seal and to alter the same at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether located in one or more
counties and whether located within or outside the service area. (6) To make, enter into,
and execute such contracts, agreements, leases, and other instruments and to take...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-29-140.05.htm - 9K - Match Info - Similar pages
45-38-141.05
Section 45-38-141.05 Powers of authority; rates and charges. (a) The authority shall have the
following powers, together with all powers incidental thereto or necessary to the discharge
thereof in corporate form: (1) To have succession by its corporate name for the duration of
time specified in its certificate of incorporation. (2) To sue and be sued in its own name
in civil actions, except as otherwise provided in this part, and to defend civil actions against
it. (3) To adopt and make use of a corporate seal and to alter the same at pleasure. (4) To
adopt and alter bylaws for the regulation and conduct of its affairs and business. (5) To
acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to hold property
of every description, real, personal, or mixed, whether located in one or more counties and
whether located within or outside the service area. (6) To make, enter into, and execute such
contracts, agreements, leases, and other instruments and to take such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-38-141.05.htm - 9K - Match Info - Similar pages
22-21-293
Section 22-21-293 Financial responsibility for out-of-county indigent patients treated at a
regional referral hospital. Ultimate financial responsibility for treatment received at a
regional referral hospital by a certified indigent patient, who is a resident of the State
of Alabama but is not a resident of the county in which the regional referral hospital is
located, shall be the obligation of the county of which the certified indigent patient is
a resident. A county's annual financial responsibility for each of its resident certified
indigent patients receiving treatment at a regional referral hospital shall be limited to
payment for 30 days or the number of days of services allowed per annum for the care of Medicaid
patients through the State Medicaid Program at the time of the patient's hospitalization,
whichever shall be less, at the per diem reimbursement rate currently in effect for the regional
referral hospital under the medical assistance program for the needy under Title...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-293.htm - 2K - Match Info - Similar pages
24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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