|
35-5A-8
Section 35-5A-8 Transfer by obligor. (a) Subject to subsections (b) and (c), a person not subject
to Section 35-5A-6 or 35-5A-7 who holds property of or owes a liquidated debt to a minor not
having a conservator may make an irrevocable transfer to a custodian for the benefit of the
minor pursuant to Section 35-5A-10. (b) If a person having the right to do so under Section
35-5A-4 has nominated a custodian under that section to receive the custodial property, the
transfer must be made to that person. (c) If no custodian has been nominated under Section
35-5A-4, or all persons so nominated as custodian die before the transfer or are unable, decline,
or are ineligible to serve, a transfer under this section may be made to an adult member of
the minor's family or to a trust company unless the property exceeds fifty thousand dollars
($50,000) in value. (Acts 1986, No. 86-453, p. 819, §7; Act 2013-250, p. 624, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-5A-8.htm - 1K - Match Info - Similar pages
7-8-108
Section 7-8-108 Warranties in direct holding. (a) A person who transfers a certificated security
to a purchaser for value warrants to the purchaser, and an indorser, if the transfer is by
indorsement, warrants to any subsequent purchaser, that: (1) the certificate is genuine and
has not been materially altered; (2) the transferor or indorser does not know of any fact
that might impair the validity of the security; (3) there is no adverse claim to the security;
(4) the transfer does not violate any restriction on transfer; (5) if the transfer is by indorsement,
the indorsement is made by an appropriate person, or if the indorsement is by an agent, the
agent has actual authority to act on behalf of the appropriate person; and (6) the transfer
is otherwise effective and rightful. (b) A person who originates an instruction for registration
of transfer of an uncertificated security to a purchaser for value warrants to the purchaser
that: (1) the instruction is made by an appropriate person,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-8-108.htm - 4K - Match Info - Similar pages
13A-8-151
Section 13A-8-151 Unlawful acts with respect to telecommunications devices; seizure and destruction
unlawful devices, plans, etc. (a) It shall be unlawful for any person to knowingly do any
of the following: (1) To make, manufacture, distribute, possess, use, or assemble an unlawful
telecommunication device or modify, alter, program, or reprogram a telecommunication device
designed, adapted, or which is used: a. For commission of a theft of telecommunication service
or to acquire or facilitate the acquisition of telecommunication service without the consent
of the telecommunication service provider in violation of this article. b. To conceal, or
assist another to conceal, from any supplier of telecommunication service provider or from
any lawful authority the existence, place of origin, or destination of any telecommunication.
(2) To sell, possess, distribute, give, transport, or otherwise transfer to another or offer
or advertise for sale any of the following: a. An unlawful...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/13A-8-151.htm - 3K - Match Info - Similar pages
35-5A-19
Section 35-5A-19 Renunciation, resignation, death or removal of custodian; designation of successor
custodian. (a) A person nominated under section 35-5A-4 or designated under section 35-5A-10
as custodian may decline to serve by delivering a valid disclaimer to the person who made
the nomination or to the transferor or the transferor's legal representative or by effecting
a valid disclaimer in the manner that interests in property may be disclaimed under the Alabama
Uniform Disclaimer of Property Interests Act. If the event giving rise to a transfer has not
occurred and no substitute custodian able, willing, and eligible to serve was nominated under
section 35-5A-4, the person who made the nomination may nominate a substitute custodian under
section 35-5A-4; otherwise the transferor or the transferor's legal representative shall designate
a substitute custodian at the time of the transfer, in either case from among the persons
eligible to serve as custodian for that kind of property...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-5A-19.htm - 3K - Match Info - Similar pages
35-5A-22
Section 35-5A-22 Applicability of chapter. This chapter applies to a transfer within the scope
of section 35-5A-3 made after October 1, 1986, if: (1) The transfer purports to have been
made under the Alabama Uniform Gifts to Minors Act; or (2) The instrument by which the transfer
purports to have been made uses in substance the designation "as custodian under the
Uniform Gifts to Minors Act" or "as custodian under the Uniform Transfers to Minors
Act" of any other state, and the application of this chapter is necessary to validate
the transfer. (Acts 1986, No. 86-453, p. 819, §21.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-5A-22.htm - 914 bytes - Match Info - Similar pages
38-4-14
Section 38-4-14 Limitations on use of public assistance benefits. (a) For the purposes of this
section, the term public assistance benefits means money or property provided directly or
indirectly to eligible persons through programs of the federal government, the state, or any
political subdivision thereof, and administered by the Alabama Department of Human Resources.
(b)(1) A recipient of public assistance benefits may not use any portion of the benefits for
the purchase of any alcoholic beverage, tobacco product, or lottery ticket. Any person who
violates this subsection shall reimburse the Department of Human Resources for the purchase
and shall be subject to the following sanctions: a. Upon the first violation, the person shall
be disqualified from receiving public assistance benefits by means of direct cash payment
or an electronic benefits transfer access card for one month. b. Upon the second violation,
the person shall be disqualified from receiving public assistance benefits...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-4-14.htm - 6K - Match Info - Similar pages
22-30D-7
Section 22-30D-7 Expenditure of funds. (a) Prior to the approval of an expenditure of any funds
under this chapter with respect to payment for costs incurred for investigation, assessment,
and, if necessary, remediation at a particular site, every owner or operator covered by this
chapter, person owning any abandoned drycleaning facility eligible for coverage by this chapter,
or impacted third party filing a request with the board for payment, shall accept responsibility
for the first ten thousand dollars ($10,000), as a deductible amount, of the actual costs
to be incurred with that particular site. Each wholesale distributor covered by this chapter
shall accept responsibility for the first fifty thousand dollars ($50,000), as a deductible
amount, of the actual cost to be incurred with a wholesale distribution facility. An adjacent
landowner shall not be required to accept responsibility for any costs incurred at a site.
(b) Payments from the fund may be obtained from the board by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30D-7.htm - 6K - Match Info - Similar pages
25-8-59
Section 25-8-59 Penalties; notice of violation and opportunity to show cause; hearing. (a)
Any employer who violates this chapter, or who fails or refuses to obey within a reasonable
time any lawful order or direction given by the state officials charged with the enforcement
of this chapter, and any parent, guardian, or custodian who suffers or permits a person under
his or her care or control who is under 19 years of age to work in violation of this chapter,
shall be subject to civil penalties in addition to other penalties provided in this chapter.
(b) The department may impose a civil penalty of three hundred dollars ($300) upon the following
determination: An employer has violated a statutory provision of Section 25-8-35(17), 25-8-36,
25-8-37, 25-8-38, 25-8-39, 25-8-40, 25-8-41, 25-8-44(a), 25-8-44(b), 25-8-45, 25-8-54, 25-8-57,
25-8-60, or 25-8-61. (c) The department may impose a civil penalty of one thousand dollars
($1,000) to five thousand dollars ($5,000) upon the following...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-8-59.htm - 5K - Match Info - Similar pages
35-5A-4
Section 35-5A-4 Nomination of custodian. (a) A person having the right to designate the recipient
of property transferable upon the occurrence of a future event may revocably nominate a custodian
to receive the property for a minor beneficiary upon the occurrence of the event by naming
the custodian followed in substance by the words: "as custodian for ___ (name of minor)
under the Alabama Uniform Transfers to Minors Act." The nomination may name one or more
persons as substitute custodians to whom the property must be transferred, in the order named,
if the first nominated custodian dies before the transfer or is unable, declines, or is ineligible
to serve. The nomination may be made in a will, a trust, a deed, an instrument exercising
a power of appointment, or in a writing designating a beneficiary of contractual rights which
is registered with or delivered to the payor, issuer, or other obligor of the contractual
rights. (b) A custodian nominated under this section must be a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-5A-4.htm - 1K - Match Info - Similar pages
10A-5-6.02
Section 10A-5-6.02 Transferability of member's interest. REPEALED IN THE 2014 REGULAR SESSION
BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017. (a) Except as otherwise provided in the operating
agreement: (1) A membership interest in a limited liability company is assignable in whole
or in part. (2) An assignment of a member's interest in a limited liability company does not
of itself dissolve the limited liability company or entitle the assignee to exercise any management
rights. (3) An assignment only entitles the assignee to the financial rights of the assignor
to the extent assigned. (4) A member who assigns the member's interest in a limited liability
company does not cease to be a member until the assignee is substituted as provided in Section
10A-5-6.03. (b) A limited liability company, in the governing documents, may provide that
a member's interest in the limited liability company may be evidenced by a certificate of
limited liability company interest issued by the limited liability...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5-6.02.htm - 1K - Match Info - Similar pages
|