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6-6-78
Section 6-6-78 Order for receipt of sale proceeds by plaintiff pending action upon executing
refunding bond; notice of and hearing on motion therefor; forfeiture of bond; payment to defendant.
(a) When property levied on under an attachment has been sold pending the action, on motion
of the plaintiff, the judge of the court to which the attachment is returnable must, at any
time after 30 days from the levy, make and cause to be entered upon the minutes of the court
an order directing the officer having in his hands the proceeds of sale, after reserving an
amount to be fixed in the order to cover the probable costs and charges in the case, to pay
over to the plaintiff, or his attorney, the balance of such proceeds not exceeding the amount
of the plaintiff's demand, to be stated in the order, upon his giving bond in double the amount
of the money to be paid over, payable to the defendant with sufficient surety to be approved
by such officer and with condition that if he is cast in the...
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8-8-5
Section 8-8-5 Maximum rates of interest - Loans, credit sales, etc., of $2,000 or more to individuals,
corporations, trusts, partnerships, or associations. (a) Any person or persons, corporations,
trust, general partnership or partnerships, limited partnership or partnerships, or association
may agree to pay such rate or rates of interest for the loan or forbearance of money and for
any credit sales as such person, corporation, trust, general partnership, limited partnership,
or association may determine, notwithstanding any law of this state otherwise prescribing
or limiting such rate or rates of interest; provided, that the original principal balance
of the loan or forbearance of money or credit sales is not less than $2,000; provided further,
that all laws relating to unconscionability in consumer transactions including but not limited
to the provisions of Chapter 19 of Title 5, known as the Mini-Code, shall apply to transactions
covered by this section. (b) As to any such loan or...
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8-9-2
of another; (4) Every agreement, promise or undertaking made upon consideration of marriage,
except mutual promises to marry; (5) Every contract for the sale of lands, tenements or hereditaments,
or of any interest therein, except leases for a term not longer than one year, unless the
purchase money, or a portion thereof is paid and the purchaser is put in possession of the
land by the seller; (6) Every agreement, contract or promise to make a will or to devise or
bequeath any real or personal property or right, title or interest therein; (7) Every
agreement or commitment to lend money, delay or forebear repayment thereof or to modify the
provisions of such an agreement or commitment except for consumer loans with a principal amount
financed less than $25,000; (8) Notwithstanding Section 7-8-113, every agreement for the sale
or purchase of securities other than through the facilities of a national stock exchange or
of the over-the-counter securities market. (Code 1852, ยง1551;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-9-2.htm - 2K - Match Info - Similar pages
11-51-70
Section 11-51-70 Proceedings when tax sale cancelled. Whenever the judge of probate cancels
a tax sale as to a private purchaser under and in accordance with the provisions of law in
regard to state and county taxes, he must give to such purchaser a certificate to the mayor
or other governing head of the municipality showing the amount of municipal taxes received
by the municipality from such tax sale in the same manner and way as he is required by the
provisions of law in regard to state and county taxes to give certificates showing the amount
the state and county have received, and thereupon, when said certificate is presented to the
mayor or other governing head of the municipality, it shall be the duty of the mayor or other
governing head to present such certificate at the next meeting of the council, board of commissioners,
or other governing body of the municipality, and the amount so paid to the municipality must
be allowed by such council, board of commissioners, or other...
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11-81-166
Section 11-81-166 Revenue bonds - Authority for issuance; authorization proceedings generally;
form, terms, denominations, etc.; execution and delivery generally; maturity and sale; payment
generally; trust indentures. (a) Any borrower may issue its revenue bonds for the purpose
of: (1) Financing the acquisition, improvement, enlargement, extension and repair, or any
of them, of a system or systems; (2) Refunding the principal of and the interest on any bonds
of such borrower theretofore issued under this article and then outstanding, whether or not
such principal and interest shall have matured at the time of such refunding; or (3) Financing
any such acquisition, improvement, enlargement, extension and repair, or any of them, and
refunding any such principal and interest. (b) Any bonds issued under this article shall be
made payable solely out of the revenues from the operation of a system or systems of the borrower
and may be made payable from any such revenues without regard to...
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16-16-9
Section 16-16-9 Execution, form, terms and conditions of bonds; sale; refunding bonds; bonds
to be limited obligations; security for payment; bonds as negotiable instruments; exemption
from taxation; bonds as security for deposits and for investment of fiduciary funds. (a) The
bonds of the authority shall be signed by its president and attested by its secretary, and
the seal of the authority shall be affixed thereto, and any interest coupons applicable to
such bonds shall be signed by the president; provided, that a facsimile of the signature of
one, but not both, of the said officers may be printed or otherwise reproduced on any such
bonds in lieu of his manually signing the same, a facsimile of the seal of the authority may
be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto
and a facsimile of the president's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of his manually signing the same. (b) Any bonds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16-9.htm - 6K - Match Info - Similar pages
2-3A-8
Section 2-3A-8 Bonds of the authority. (a) Source of payment. All bonds issued by the authority
shall be payable solely out of the revenues and other receipts of the authority as may be
designated in the proceedings of the board under which the bonds shall be authorized to be
issued. (b) Pledge of revenues and other security. The principal of and interest on any bonds
issued by the authority shall be secured by a pledge of the revenues and other receipts out
of which the same may be payable and may be secured by a trust indenture evidencing such pledge
or by a foreclosable mortgage and deed of trust conveying as security for such bonds all or
any part of the property of the authority from which the revenues so pledged may be derived.
The resolution under which the bonds are authorized to be issued or any such trust indenture
or mortgage may contain any agreements and provisions respecting the maintenance and insurance
of the property covered by such trust indenture or mortgage, the use...
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26-8-46
Section 26-8-46 Removal of property or money when minor or ward and conservator nonresidents
- Transcript showing appointment as conservator of minor or ward in state of residence, etc.;
notice to resident administrator, guardian, etc.; entry of order authorizing removal of property
to state of residence. The conservator must produce a transcript from the records of a court
of competent jurisdiction, certified according to the act of Congress, showing that he or
she has been appointed conservator of the minor or ward in the state in which he or she and
the minor or ward reside and has duly qualified as such according to the laws thereof and
given bond, with surety, for the performance of his or her trust; and must also give 10 days'
notice to the resident executor, administrator, or conservator, if there is such, of the intended
application. Thereupon, if good cause is not shown to the contrary and the judge of probate
shall be satisfied, upon proof being made, that it will be for the...
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26-9-9
Section 26-9-9 Procedure for appointment of guardian - Appointment of guardian; execution and
filing of bonds by guardian; filing of certificate by personal sureties. Before making
an appointment under the provisions of this chapter the court shall be satisfied that the
guardian whose appointment is sought is a fit and proper person to be appointed. Upon the
appointment being made, the guardian shall execute and file a bond to be approved by the court
in an amount not less than the sum then due and estimated to become payable during the ensuing
year. The bond shall be in the form and be conditioned as required of a guardian appointed
under the guardianship laws of this state and it shall be the duty of the court having jurisdiction
of the cause, upon the application by any party in interest, to require the filing of an individual
bond in accordance with the provisions of this section without regard to the provisions of
any preexisting general or local statute or charter provision of...
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27-2A-2
Section 27-2A-2 Report of material acquisitions and dispositions; confidential treatment. (a)
Every insurer domiciled in this state shall file a report with the commissioner disclosing
material acquisitions and dispositions of assets or material nonrenewals, cancellations, or
revisions of ceded reinsurance agreements unless the acquisitions and dispositions of assets
or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements have
been submitted to the commissioner for review, approval, or information purposes pursuant
to other provisions of the insurance code, laws, regulations, or other requirements. (b) The
report required in subsection (a) is due within 15 days after the end of the calendar month
in which any of the transactions in subsection (a) occur. (c) One complete copy of the report,
including any exhibits or other attachments, shall be filed with the following: (1) The insurance
department of the insurers state of domicile. (2) The National...
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