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36-36-8
Section 36-36-8 Liability of trustees. (a) A trustee shall not be: (1) personally liable for
any liability, loss, or expense suffered by the trust, unless such liability, loss, or expense
arises out of or results from the willful misconduct or intentional wrongdoing of such trustee;
(2) responsible for the adequacy of the trust to meet and discharge any obligation under the
relevant health care post-employment benefit plan; or (3) required to take action to enforce
the payment of any contribution or appropriation to the trust. (b) The trustees may be indemnified
by the trusts and from funds of the trusts against costs, liabilities, losses, damages, and
expenses, including their attorneys fees, as more fully provided in the respective trust agreements,
unless such cost, liability, loss, damage, or expense arises out of or results from the willful
misconduct or intentional wrongdoing of such trustee. (Act 2007-16, 1st Sp. Sess., p. 25,
§8.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-36-8.htm - 1K - Match Info - Similar pages
11-88-132
Section 11-88-132 Acquisition, etc., of water system of water and fire protection authority
by city board of water and sewer commissioners - Conveyance of funds in trust for authority's
fire protection system; governing board of authority as trustees; trustees' powers and liabilities.
(a) In the event that the board of water and sewer commissioners of any city ("commissioners")
should acquire, operate, or control by virtue of assignment, conveyance, court order, operation
of law, or otherwise the water system of a water and fire protection authority ("authority"),
then the commissioners shall thereupon convey to the authority the principal sum of $2,000,000
in irrevocable trust for the support and maintenance of the authority's fire protection system.
(b) The trustees of the trust so established shall be the members of the governing board of
the authority, as it may be comprised from time to time, who shall have all powers necessary
to effect the support and maintenance of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-132.htm - 6K - Match Info - Similar pages
11-54-134
Section 11-54-134 Liability. No member of an investment committee shall in any way be personally
liable for any liability, loss, or expense suffered by the endowment trust fund supervised
and administered by the committee unless such liability, loss, or expense arises out of or
results from the wilful misconduct or wrongdoing of such member. (Act 2000-730, p. 1569, §10.)...
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11-65-45.1
Section 11-65-45.1 Limitation of personal liability of commission members and officers. An
individual member of a commission or any officer, employee, or agent thereof shall not in
any way be personally liable for any liability, loss, damage or expense suffered by any person
as the result of any action taken by such commission, unless such liability, loss, damage,
or expense arises out of or results from the willful misconduct or wrongdoing of such member,
officer, employee or agent. (Acts 1991, No. 91-187, p. 246, §40.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-45.1.htm - 835 bytes - Match Info - Similar pages
15-22-1.1
Section 15-22-1.1 Interstate Compact for Adult Offender Supervision. Whereas: The Interstate
Compact for the Supervision of Parolees and Probationers was established in 1937, it is the
earliest corrections "compact" established among the states and has not been amended
since its adoption over 62 years ago; Whereas: This compact is the only vehicle for the controlled
movement of adult parolees and probationers across state lines, and it currently has jurisdiction
over more than a quarter of a million offenders; Whereas: The complexities of the compact
have become more difficult to administer, and many jurisdictions have expanded supervision
expectations to include currently unregulated practices such as victim input, victim notification
requirements, and sex offender registration; Whereas: After hearings, national surveys, and
a detailed study by a task force appointed by the National Institute of Corrections, the overwhelming
recommendation has been to amend the document to bring about...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-22-1.1.htm - 43K - Match Info - Similar pages
16-44B-1
Section 16-44B-1 Compact. ARTICLE I PURPOSE It is the purpose of this compact to remove barriers
to education success imposed on children of military families because of frequent moves and
deployment of their parents by: A. Facilitating the timely enrollment of children of military
families and ensuring that they are not placed at a disadvantage due to difficulty in the
transfer of education records from the previous school district(s) or variations in entrance/age
requirements. B. Facilitating the student placement process through which children of military
families are not disadvantaged by variations in attendance requirements, scheduling, sequencing,
grading, course content or assessment. C. Facilitating the qualification and eligibility for
enrollment, educational programs, and participation in extracurricular academic, athletic,
and social activities. D. Facilitating the on-time graduation of children of military families.
E. Providing for the promulgation and enforcement of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-44B-1.htm - 46K - Match Info - Similar pages
22-18-50
Section 22-18-50 Enactment and text of Emergency Medical Services Personnel Licensure Interstate
Compact. The Emergency Medical Services Personnel Licensure Interstate Compact is hereby enacted
into law and entered into with all other jurisdictions legally joining therein in form substantially
as follows: SECTION 1. PURPOSE In order to protect the public through verification of competency
and ensure accountability for patient care related activities all states license emergency
medical services (EMS) personnel, such as emergency medical technicians (EMTs), advanced EMTs
and paramedics. This Compact is intended to facilitate the day to day movement of EMS personnel
across state boundaries in the performance of their EMS duties as assigned by an appropriate
authority and authorize state EMS offices to afford immediate legal recognition to EMS personnel
licensed in a member state. This Compact recognizes that states have a vested interest in
protecting the public's health and safety...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-18-50.htm - 41K - Match Info - Similar pages
38-9B-7
Section 38-9B-7 Trustee liability. No trustee or co-trustee serving pursuant to the provisions
of this chapter shall at any time be liable for any mistake of law or fact, or of both law
and fact, or errors of judgment, or for any loss sustained by the AFT Trust or AFT Charitable
Trust, or by any life beneficiary, or by any other person, except through actual fraud or
willful misconduct on the part of such trustee or co-trustee. (Acts 1994, No. 94-579, p. 1054,
§7; Act 2013-366, p. 1313, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-9B-7.htm - 807 bytes - Match Info - Similar pages
19-3B-816
Section 19-3B-816 Specific powers of trustee. (a) Without limiting the authority conferred
by Section 19-3B-815, a trustee may: (1) collect trust property and accept or reject additions
to the trust property from a settlor or any other person, including, but not being limited
to, the authority to receive, collect, hold, and retain common or preferred stock or other
interests in the trustee or any related party; (2) acquire or sell property, for cash or on
credit, at public or private sale; (3) exchange, partition, or otherwise change the character
of trust property; (4) deposit trust money in an account in a regulated financial-service
institution; (5) borrow money, with or without security, and mortgage or pledge trust property
for a period within or extending beyond the duration of the trust; (6) with respect to an
interest in a proprietorship, partnership, limited liability company, business trust, corporation,
or other form of business or enterprise, continue the business or other...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3B-816.htm - 10K - Match Info - Similar pages
27-31B-22
Section 27-31B-22 Protected cell captive insurance companies. (a) One or more sponsors may
form a protected cell captive insurance company under this chapter. (b) A protected cell captive
insurance company formed or licensed under this chapter may establish and maintain one or
more protected cells to insure risks of one or more participants, subject to all of the following
conditions: (1) Each protected cell shall be accounted for separately on the books and records
of the protected cell captive insurance company to reflect the financial condition and results
of operations of the protected cell, net income or loss, dividends or other distributions
to participants, and other factors as may be provided in the participant contract or required
by the commissioner. (2) The assets of a protected cell shall not be chargeable with liabilities
arising out of any other insurance business the protected cell captive insurance company may
conduct. (3) No sale, exchange, or other transfer of assets...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31B-22.htm - 4K - Match Info - Similar pages
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