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36-27-24
Section 36-27-24 Funds for assets of retirement system - Creation; composition; disposition
of funds; appropriations. (a) Effective October 1, 1997, all the assets of the retirement
system shall be credited according to the purpose for which they are held among three funds,
namely, the Annuity Savings Fund, the Pension Accumulation Fund, and the Expense Fund. The
operation of the former Pension Reserve Fund and the Annuity Reserve Fund shall be discontinued
as of such date and the balance of the former Pension Reserve Fund shall be transferred to
the Pension Accumulation Fund, and the balance of the former Annuity Reserve Fund shall be
transferred to the Pension Accumulation Fund. (b) Annuity Savings Fund. The Annuity Savings
Fund shall be a fund in which shall be accumulated contributions from the compensation of
members to provide for their annuities. Contributions to and payments from the Annuity Savings
Fund shall be made as follows: Effective October 1, 1971, each employer shall...
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36-25-1
Section 36-25-1 Definitions. Whenever used in this chapter, the following words and
terms shall have the following meanings: (1) BUSINESS. Any corporation, partnership, proprietorship,
firm, enterprise, franchise, association, organization, self-employed individual, or any other
legal entity. (2) BUSINESS WITH WHICH THE PERSON IS ASSOCIATED. Any business of which the
person or a member of his or her family is an officer, owner, partner, board of director member,
employee, or holder of more than five percent of the fair market value of the business. (3)
CANDIDATE. This term as used in this chapter shall have the same meaning ascribed to it in
Section 17-5-2. (4) COMMISSION. The State Ethics Commission. (5) COMPLAINT. Written
allegation or allegations that a violation of this chapter has occurred. (6) COMPLAINANT.
A person who alleges a violation or violations of this chapter by filing a complaint against
a respondent. (7) CONFIDENTIAL INFORMATION. A complaint filed pursuant to this...
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10A-1-3.32
Section 10A-1-3.32 Right of inspection and access by certain domestic entities. (a)
This section applies to domestic entities other than (i) corporations formed pursuant
to or governed by Chapter 2A or Chapter 4, and real estate investment trusts formed pursuant
to or governed by Chapter 10, each of which is governed by the separate recordkeeping requirements
and record inspections provisions of Chapter 2A and (ii) nonprofit corporations formed pursuant
to or governed by Chapter 3, limited liability companies formed pursuant to or governed by
Chapter 5A, general partnerships formed pursuant to or governed by Chapter 8A, and limited
partnerships formed pursuant to or governed by Chapter 9A, each of which are governed by the
separate recordkeeping requirements and record inspection provisions set forth in each entity's
respective chapter governing that entity. (b) With respect to a domestic entity covered by
this section, the books and records maintained under the chapter of this title...
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27-44-9
Section 27-44-9 Assessments. (a) For the purpose of providing the funds necessary to
carry out the powers and duties of the association, the board of directors shall assess the
member insurers, separately for each account, at such time and for such amounts as the board
finds necessary. Assessments shall be due not less than 30 days after prior written notice
to the member insurers and shall accrue interest at six percent per annum on and after the
due date. (b) There shall be two classes of assessments, as follows: (1) Class A assessments
shall be authorized and called for the purpose of meeting administrative and legal costs and
other expenses. Class A assessment may be authorized and called whether or not related to
a particular impaired or insolvent insurer. (2) Class B assessments shall be authorized and
called to the extent necessary to carry out the powers and duties of the association under
Section 27-44-8 with regard to an impaired or insolvent insurer. (c)(1) The amount
of a...
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45-48-70.55
Section 45-48-70.55 Final budget. (a) Within a reasonable time after the invitation
for questions and comments on the tentative budget as provided for in Section 45-48-70.54,
but before September 30, the commission shall adopt and approve a final budget for the ensuing
fiscal year which budget may not thereafter be amended or revised except by a majority vote
of the entire commission. The budget may not provide for a deficit. (b) The expenditures of
no commissioner, office, department, board, institution, commission, or agency shall exceed
the amount originally provided for in the final budget unless the same be amended or revised
to provide for such expenditure as herein provided. Any officer of the county or department
official, including the chair of the county commission, any associate county commissioner,
sheriff, coroner, tax assessor, tax collector, or judge of probate, who willfully violates
any of the provisions of this budget shall be personally liable for the amount by which...
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34-1-6
Section 34-1-6 Registration of firms of certified public accountants. (a) A firm engaged
in this state in the practice of public accounting may register with the board as a firm of
certified public accountants provided it meets all of the following requirements: (1) At least
51 percent of the ownership of the firm, in terms of financial interests and voting rights
of all partners, officers, shareholders, members, or managers, belongs to holders of a certificate
who are licensed in some state, and such partners, officers, shareholders, members, or managers,
whose principal place of business is in this state, and who perform professional services
in this state hold a valid certificate issued under Section 34-1-4. Although firms
may include nonlicensee owners, the firm and its ownership must comply with rules promulgated
by the board. (2) Each certified public accountant owner regularly engaged within this state
in the practice of public accounting as a member of the firm shall be a...
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34-9-40
Section 34-9-40 Creation; composition. (a) In order to accomplish the purposes and to
provide for the enforcement of this chapter, there is hereby created the board. The board
is hereby vested with the authority to carry out the purposes and enforce the provisions of
this chapter. On June 24, 1959, the members of the present board now in existence shall hold
office for the remainder of their respective terms for which they have been elected and thereafter
until their successors are elected and qualified and shall constitute the board under this
chapter. The board shall consist of six dentists who shall be selected in the method set forth
herein all of whom having been actively engaged in the practice of dentistry in the State
of Alabama for at least five years next preceding the date of their election and one dental
hygienist elected at-large as provided in subsection (b). Each member of the board shall be
a citizen of this state. No member of the board shall be a member of the faculty...
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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...
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35-8A-207
Section 35-8A-207 Allocation of common element interests, votes, and common expense
liabilities. (a) The declaration must allocate to each unit in a condominium a fraction or
percentage of undivided interests in the common elements and in the common expenses of the
association specified in section 35-8A-315(a), and a portion of the votes in the association,
to each unit and state the formulas used to establish allocations of interest. Those allocations
may not discriminate in favor of units owned by the declarant or an affiliate of the declarant.
(b) If units may be added to or withdrawn from the condominium, the declaration must state
the formulas to be used to reallocate the allocated interests among all units included in
the condominium after the addition or withdrawal. (c) The declaration may provide: (i) that
different allocations of votes shall be made to the units on particular matters specified
in the declaration; (ii) for cumulative voting only for the purpose of electing...
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35-8A-302
Section 35-8A-302 Powers of unit owners' association. (a) Except as provided in subsection
(b), and subject to the provisions of the declaration, the association may: (1) Adopt and
amend bylaws and rules and regulations; (2) Adopt and amend budgets for revenues, expenditures,
and reserves and impose and collect assessments for common expenses from unit owners; (3)
Hire and discharge managing agents and other employees, agents, and independent contractors;
(4) Institute, defend, or intervene in litigation or administrative proceedings in its own
name on behalf of itself or two or more unit owners on matters affecting the condominium;
(5) Make contracts and incur liabilities; (6) Regulate the use, maintenance, repair, replacement,
and modification of common elements; (7) Cause additional improvements to be made as a part
of the common elements; (8) Acquire, hold, encumber, and convey in its own name any right,
title, or interest to real or personal property, but interests in the common...
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