Code of Alabama

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10A-8A-4.09
Section 10A-8A-4.09 Limitations of distribution and liability for improper distributions. (a)
A limited liability partnership shall not make a distribution to a partner to the extent that
at the time of the distribution, after giving effect to the distribution, all liabilities
of the limited liability partnership, other than liabilities to partners on account of their
transferable interests and liabilities for which the recourse of creditors is limited to specific
property of the limited liability partnership, exceed the fair value of the assets of the
limited liability partnership, except that the fair value of the property that is subject
to a liability for which recourse of creditors is limited shall be included in the assets
of the limited liability partnership only to the extent that the fair value of the property
exceeds that liability. (b) A partner who consents to a distribution in violation of subsection
(a) or the partnership agreement, and who knew at the time of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-8A-4.09.htm - 2K - Match Info - Similar pages

10A-9A-5.08
Section 10A-9A-5.08 Limitations on distribution and liability for improper distributions. (a)
A limited partnership shall not make a distribution to a partner to the extent that at the
time of the distribution, after giving effect to the distribution, all liabilities of the
limited partnership, other than liabilities to partners on account of their transferable interests
and liabilities for which the recourse of creditors is limited to specific property of the
limited partnership, exceed the fair value of the assets of the limited partnership, except
that the fair value of the property that is subject to a liability for which recourse of creditors
is limited shall be included in the assets of the limited liability partnership only to the
extent that the fair value of the property exceeds that liability. (b) A general partner who
consents to a distribution in violation of subsection (a) or the partnership agreement, and
who knew at the time of the distribution that the distribution...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-9A-5.08.htm - 2K - Match Info - Similar pages

11-65-47
Section 11-65-47 Applicability of chapter; severability of provisions. Insofar as the provisions
of this chapter may be inconsistent with the provisions of any other law concerning activities
and actions authorized by this chapter, the provisions of this chapter shall control, it being
specifically declared that any other provisions of existing law that prohibit or regulate
horse racing or greyhound racing and gambling or pari-mutuel wagering thereon shall not be
applicable to any activities or actions authorized by and regulated pursuant to the provisions
of this chapter. The provisions of this chapter are expressly declared to be severable. If
any provision of this chapter shall be adjudged to be invalid by any court of competent jurisdiction
(including, without limitation thereto, any particular allocation of net commission revenues
or other provision which, if not severed from this chapter, would cause it to be a local act
in violation of any constitutional limitation or condition...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-47.htm - 1K - Match Info - Similar pages

44-1-24
Section 44-1-24 Powers and duties of department generally. The Department of Youth Services
shall perform the following: (1) Provide services for youths who have run away from their
own communities in this state or from their home communities in other states to this state,
and provide such services, care, or cost for the youths as may be required pursuant to the
provisions of the Interstate Compact on Juveniles. (2) Provide for the expansion of local
detention care for youths alleged to be delinquent pending court hearing. (3) Secure the provision
of medical, hospital, psychiatric, surgical, or dental service, or payment of the cost of
such services, as may be needed for committed youths. (4) License and subsidize foster care
facilities or group homes for youths alleged to be delinquent pending hearing before a juvenile
court or adjudged delinquent following hearing, including detention, examination, study, care,
treatment, and training. (5) Establish, maintain, and subsidize programs...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/44-1-24.htm - 3K - Match Info - Similar pages

10A-5A-4.06
Section 10A-5A-4.06 Limitation on distributions and liability for improper distributions. (a)(1)
A limited liability company shall not make a distribution to a member to the extent that at
the time of the distribution, after giving effect to the distribution, all liabilities of
the limited liability company, other than liabilities to members on account of their transferable
interests and liabilities for which the recourse of creditors is limited to specific property
of the limited liability company, exceed the fair value of the assets of the limited liability
company, except that the fair value of the property that is subject to a liability for which
recourse of creditors is limited shall be included in the assets of the limited liability
company only to the extent that the fair value of the property exceeds that liability. (2)
A member who receives a distribution in violation of subsection (a)(1) or the limited liability
company agreement, and who knew at the time of the distribution...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5A-4.06.htm - 4K - Match Info - Similar pages

11-65-30.1
Section 11-65-30.1 Commission greyhound racing days. (a) During each calendar year, a greyhound
racing operator shall be required to designate three racing days ("commission racing
days") on which such operator will conduct a performance or program of greyhound racing
and will pay to the commission the "gross profit" (as hereafter defined in this
section) derived by the operator on such days from greyhound racing and pari-mutuel wagering
thereon, including the sale of food, drink, programs and other items to the public in attendance
and charges made for parking. In the event that a greyhound racing operator conducts greyhound
racing for only part of a calendar year, one racing day shall be required for each period
of four months or portion thereof in which such operator conducts greyhound racing during
such calendar year. A greyhound racing operator shall be required to designate and conduct
four commission racing days in any calendar year, beginning with the calendar year next...

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16-26D-5
Section 16-26D-5 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE JULY 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The board of trustees
may perform the following functions: (1) Accept donations, bequests, or other forms of financial
assistance for educational purposes from any public or private person or agency and comply
with rules and regulations governing grants from the federal government or from any other
person or agency, which are not in contravention of the constitution and laws. (2) Purchase
or lease real estate and equipment and make improvements to facilities necessary for the use
of the school, in accordance with applicable law. (3) Lease land or other property belonging
to the board of trustees or to the school. (4) Sell or exchange land or other real property
not needed for school purposes, but only when specifically authorized by law and then only
in accordance with the procedures provided for the sale of unused...
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34-24-162.1
Section 34-24-162.1 Application; licensure by credentials. (a) Every person who desires to
practice chiropractic within the State of Alabama shall file an application prescribed by
the board. Notwithstanding the method of obtaining licensure or any particular requirement
set forth herein, every person as a prerequisite to licensure must be at least 21 years of
age, of good moral character, a citizen of the United States or, if not a citizen of the United
States a person who is legally present in the United States with appropriate documentation
from the federal government, a graduate of a chiropractic school or college accredited and
recognized by the board and must satisfy any other requirement set forth in any rule adopted
by the board. (b) Any individual who possesses a current license in any state, who has passed
a state licensure examination approved by the board and who has, since graduation from chiropractic
school, participated in a clinical residency or practiced chiropractic...
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34-24-530
Section 34-24-530 Interstate medical licensure compact commission. (a) The member states hereby
create the Interstate Medical Licensure Compact Commission. (b) The purpose of the interstate
commission is the administration of the Interstate Medical Licensure Compact, which is a discretionary
state function. (c) The interstate commission shall be a body corporate and joint agency of
the member states and shall have all the responsibilities, powers, and duties set forth in
the compact, and such additional powers as may be conferred upon it by a subsequent concurrent
action of the respective legislatures of the member states in accordance with the terms of
the compact. (d) The interstate commission shall consist of two voting representatives appointed
by each member state who shall serve as commissioners. In states where allopathic and osteopathic
physicians are regulated by separate member boards, or if the licensing and disciplinary authority
is split between multiple member boards...
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45-4-120
Section 45-4-120 Countywide personnel system. (a) The County Commission of Bibb County may
establish and administer a countywide personnel system based on principles of human resource
management which shall include equity, fairness, and compliance with all applicable state
and federal laws. (b) As used in this section, the following words shall have the following
meanings: (1) APPOINTING AUTHORITY. All persons having the authority to hire, fire, and discipline
employees for their department. (2) CLASSIFIED EMPLOYEE. An individual who is assigned to
an on-going position, full or part-time, authorized by the county commission and whose salary
is paid with funds allocated by the county commission, regardless of the source of those funds,
and who is required initially to complete a probationary period. (3) COUNTY. Bibb County,
Alabama. (4) COUNTY COMMISSION. The governing body of Bibb County or any succeeding governing
system that may be established. (5) DISCIPLINARY ACTION. Suspension...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-4-120.htm - 9K - Match Info - Similar pages

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