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36-28-8
Section 36-28-8 Contribution Fund. (a) There is hereby established a special fund to be known
as the Contribution Fund. Such fund shall consist of and there shall be deposited in such
fund: (1) All contributions, interest and penalties collected under Sections 36-28-5 and 36-28-7;
(2) All moneys appropriated thereto under this chapter; (3) Any property or securities and
earnings thereof acquired through the use of moneys belonging to the fund; (4) Interest earned
upon any moneys in the fund; and (5) All sums recovered upon the bond of the custodian or
otherwise for losses sustained by the fund and all other moneys received for the fund from
any other source. All moneys in the fund shall be mingled and undivided. Subject to the provisions
of this chapter, the state Comptroller is vested with full power, authority and jurisdiction
over the fund, including all moneys and property or securities belonging thereto, and may
perform any and all acts whether or not specifically designated,...
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16-25-151
Section 16-25-151 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 16-25-14, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (g) of Section 16-25-14. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, the...
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36-27-171
Section 36-27-171 Withdrawal from service; death of participant. (a) On withdrawing from service
pursuant to Section 36-27-16, a member who participated in DROP: (1) Who fulfilled his or
her contractual obligation pursuant to DROP shall receive a lump-sum payment from his or her
DROP account equal to the payments made to that account on his or her behalf plus interest.
Further, the member shall receive his or her accumulated contribution made during participation
in DROP, together with interest for the period of DROP participation as provided in subdivision
(1) of subsection (c) of Section 36-27-16. In lieu of a lump-sum payment from the DROP account,
to the extent eligible under applicable tax laws, the member's total accrued benefit may be
"rolled over" directly to the custodian of an eligible retirement plan. The member
shall also begin receiving his or her monthly benefit which had been paid directly into the
DROP account during his or her participation in DROP. However, if...
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24-9-7
Section 24-9-7 Disposition of tax delinquent properties. (a) The authority shall adopt rules
and regulations for the disposition of property in which the authority holds a legal interest,
which rules and regulations shall address the conditions set forth in this section. (b) The
authority may manage, maintain, protect, rent, repair, insure, alter, convey, sell, transfer,
exchange, lease as lessor, or otherwise dispose of property or rights or interests in property
in which the authority holds a legal interest to any public or private person for value determined
by the authority on terms and conditions, and in a manner and for an amount of consideration
the authority considers proper, fair, and valuable, including for no monetary consideration.
The transfer and use of property under this section and the exercise by the authority of powers
and duties under Act 2013-249 shall be considered a necessary public purpose and for the benefit
of the public. (c) Before the authority may sell,...
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11-62-16
Section 11-62-16 Loans, sales, grants, etc., of money, property, etc., to authority by counties,
municipalities, public corporations, etc. For the purpose of attaining the objectives of this
chapter, any county, municipality, or other political subdivision, public corporation, agency,
or instrumentality of the state 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 any authority
or perform services for the benefit thereof; (2) Donate, sell, convey, transfer, lease, or
grant to any authority, without the necessity of authorization at any election of qualified
voters, any property of any kind; and (3) Do any and all things, whether or not specifically
authorized in this section, not otherwise prohibited by law, that are necessary or convenient
to aid and cooperate with any authority in attaining the objectives of this chapter. (Acts
1979, No. 79-332, p. 506, §18.)...
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14-6A-6
Section 14-6A-6 Scope of authority. For the purpose of attaining the objectives of this chapter,
any county participating in the regional jail authority may, upon terms and with or without
consideration as it may determine, do all of the following: (1) Lend or donate money to the
authority or perform services for the benefit thereof. (2) Donate, sell, convey, transfer,
lease, or grant to the authority, without the necessity of authorization at any election of
qualified voters, any property of any kind. (3) Do any and all other things permissible by
law that are necessary or convenient to aid and cooperate with the authority in attaining
the objectives of this chapter whether or not specifically authorized in this section. (4)
Pay to the authority the proceeds of any special tax appropriated, apportioned, or allocated
to the authority or to or for the benefit of any facility owned or operated by the authority.
(Acts 1997, No. 97-441, p. 742, §6.)...
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15-20A-5
Section 15-20A-5 Sex offenses. For the purposes of this chapter, a sex offense includes any
of the following offenses: (1) Rape in the first degree, as provided by Section 13A-6-61.
(2) Rape in the second degree, as provided by Section 13A-6-62. A juvenile sex offender adjudicated
delinquent of a violation of rape in the second degree is presumed to be exempt from this
chapter after the juvenile has been counseled on the dangers of the conduct for which he or
she was adjudicated delinquent unless the sentencing court makes a determination that the
juvenile sex offender is to be subject to this chapter. (3) Sodomy in the first degree, as
provided by Section 13A-6-63. (4) Sodomy in the second degree, as provided by Section 13A-6-64.
A juvenile sex offender adjudicated delinquent of a violation of sodomy in the second degree
is presumed to be exempt from this chapter after the juvenile has been counseled on the dangers
of the conduct for which he or she was adjudicated delinquent unless...
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19-3D-19
Section 19-3D-19 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE JANUARY 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. TAX-RELATED LIMITATIONS.
(a) In this section the following terms have the following meanings: (1) GRANTOR TRUST. A
trust as to which a settlor of a first trust is considered the owner under 26 U.S.C. Sections
671 through 677, as amended, or 26 U.S.C. Section 679, as amended. (2) INTERNAL REVENUE CODE.
The United States Internal Revenue Code of 1986, as amended. (3) NONGRANTOR TRUST. A trust
that is not a grantor trust. (4) QUALIFIED BENEFITS PROPERTY. Property subject to the minimum
distribution requirements of 26 U.S.C. Section 401(a)(9), as amended, and any applicable regulations,
or to any similar requirements that refer to 26 U.S.C. Section 401(a)(9) or the regulations.
(b) An exercise of the decanting power is subject to the following limitations: (1) If a first
trust contains property that qualified, or would have...
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35-8-9
person having an insurable risk may be precluded from obtaining insurance, individually, at
his own expense and for his own benefit, against any risk, whether or not covered by insurance
maintained by the association. Such forms of insurance maintained by the association may include
but are not limited to the following: a. Insurance covering the entire condominium property
against loss by fire and such other hazards as may be desired. b. Liability insurance against
any risk, such as death, personal injury, or damage to property, faced by unit
owners by virtue of their common or limited common ownership in the condominium property,
including but not limited to the acts and omissions of the association, its servants, and
employees. (5) The association may have access to each unit from time to time during reasonable
hours as may be necessary for the maintenance, repair, or replacement of any common elements
or limited common elements therein or accessible therefrom or for making...
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16-17A-17
Section 16-17A-17 Conveyance of property, etc., to authority; pledge of full faith and credit.
(a) The state, any university, any governmental entity, and any public corporation is hereby
authorized to give, transfer, convey, or sell to any authority or a university affiliate,
with or without consideration: (1) Any of its health care facilities and other properties,
real or personal, and any funds and assets, tangible or intangible, relative to the
ownership or operation of any such health care facilities, including any certificates of need,
assurances of need, or other similar rights appertaining or ancillary thereto, irrespective
of whether they have been exercised. (2) Any taxes, revenues, or funds owned or controlled
by it. (3) Nothing in this chapter shall be construed as allowing an authority or university
affiliate to be exempt from compliance with all applicable laws and regulations of the State
Certificate of Need program and the Alabama State Health Planning and Development...
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