|
37-4-41
Section 37-4-41 Approval by commission - Generally. In cases other than those covered
by Section 37-4-42, the question whether the proposed sale and conveyance or lease
is consistent with the interests of the public shall be determined by the Public Service Commission,
and if the commission determines that the proposed sale and conveyance or lease is consistent
with the interests of the public, its determination shall be shown by its approval of the
proposed sale and conveyance or lease. Thirty days' notice in a newspaper published in each
municipality involved of such application shall be given before the hearing by the commission.
If all, or substantially all, of the property and assets of any utility or corporation is
proposed to be sold under the provisions of this division, the same procedure shall be necessary
as in the case of other private corporations. (Acts 1915, No. 205, p. 268; Code 1923, §9827;
Code 1940, T. 48, §339.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-4-41.htm - 1K - Match Info - Similar pages
37-4-42
Section 37-4-42 Approval by commission - Property located within single municipality.
In cases where the property of the utility proposed to be sold and conveyed or leased lies
within, and the franchises and public duties thereof relate to a single municipality, and
in cases where such a utility is owned by a corporation, and its capital stock is proposed
to be sold, the question whether the proposed sale and conveyance or lease is consistent with
the interests of the public shall be determined by the governing body of such municipality,
and also by the Public Service Commission, and if the governing body of such municipality
and the commission shall each determine that the proposed sale and conveyance, or lease, is
consistent with the interests of the public, their determination shall be shown by their approval
of the proposed sale and conveyance or lease. (Acts 1915, No. 205, p. 268; Code 1923, §9826;
Code 1940, T. 48, §338.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-4-42.htm - 1K - Match Info - Similar pages
11-50A-8
Section 11-50A-8 Powers of the authority. In addition to other powers granted the authority
by this chapter, it shall have all powers consistent with the purposes of the authority as
set forth in Section 11-50A-3, which are necessary or convenient to carry out and effectuate
the purposes and provisions of this chapter, including, but without limiting the generality
of the foregoing, the following enumerated powers, which shall be exercised by the authority
consistently with the provisions of Section 11-50A-3: (1) To sue and be sued and to
prosecute and defend in any court having jurisdiction of the subject matter and of the parties
thereto; (2) To adopt and alter a corporate seal; (3) To make and alter at pleasure all needful
bylaws, rules, and regulations for the transaction of its business and the control of its
property and affairs; (4) To have the same right of eminent domain through condemnation conferred
by Section 10-5-1, or any subsequent statute of similar import; provided...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50A-8.htm - 13K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus
Lines Insurance Multi-State Compliance Compact Act is enacted into law and entered into with
all jurisdictions mutually adopting the compact in the form substantially as follows: PREAMBLE
WHEREAS, with regard to Non-Admitted Insurance policies with risk exposures located in multiple
states, the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted
and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
10A-20-15.01
Section 10A-20-15.01 Rights, powers, and authority. All corporations organized under
the general laws of this state, or heretofore under a special act of the Legislature, and
all corporations organized under the laws of any other of the United States which have complied
with the Constitution and laws of the State of Alabama as to foreign corporations and which
by their charter have the right to manufacture, supply, and sell to the public power produced
by water as a motive force, shall, after acquiring by purchase, or otherwise than by condemnation,
a dam site or power site comprising not less than one acre of land upon each and opposite
sides of any watercourse or after acquiring by purchase, or otherwise than by condemnation,
a dam site comprising not less than one acre of land upon one side of any watercourse and,
where the dam site on the other side of the watercourse is owned or controlled by the United
States, shall have acquired the permission of the United States to attach to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-20-15.01.htm - 9K - 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
37-4-40
Section 37-4-40 Right to sell or lease property. The property of a utility, together
with its franchises, contracts, business, good will and other assets, may be lawfully sold
and conveyed or leased to, and thereafter lawfully held, enjoyed and operated by, a purchaser
then engaged or proposing to engage in the business conducted by such utility; or the capital
stock of a corporation owning and operating a utility may be lawfully sold and conveyed to,
and thereafter lawfully held and enjoyed by, a purchaser, whether or not such purchaser is
engaged, or proposes to engage, in the business conducted by such utility; whenever such sale
and conveyance or lease of the property, franchises, contracts, good will and other assets
of such utility, or whenever the sale and conveyance of the capital stock of such corporation
is consistent with the interests of the public. (Acts 1915, No. 205, p. 268; Code 1923, §9825;
Code 1940, T. 48, §337.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-4-40.htm - 1K - Match Info - Similar pages
37-4-1
Section 37-4-1 Definitions. Unless otherwise specified, when used in this article, these
terms shall have the following meanings: (1) COMMISSION. The Alabama Public Service Commission.
(2) COMMISSIONER. A member of the commission. (3) MUNICIPALITY. Any municipal corporation
organized under the laws of this state. (4) PERSON. Such term shall mean and include individuals,
associations of individuals, firms, partnerships, companies, corporations, municipalities,
governmental agencies, their lessees, trustees, or receivers appointed by any court whatsoever,
in the singular number as well as in the plural. (5) NONUTILITY. Any federal agency, instrumentality,
or corporation, owned by the United States, and any corporation or joint stock company in
which the United States or any of its departments, establishments, or agencies, owns more
than 50 percent of the voting shares of stock of such corporation or joint stock company.
(6) SECURITIES. Such term shall mean and include stock, stock...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-4-1.htm - 5K - Match Info - Similar pages
11-92A-12
Section 11-92A-12 Powers of authority. An authority shall have the following powers,
which it may exercise in any county within such authority's authorized operational area: (1)
To have succession by its corporate name until dissolved as provided in this chapter; (2)
To institute and defend legal proceedings in any court of competent jurisdiction and proper
venue; provided, however, that an authority may not be sued in any trial court other than
the courts of a county within the authorized operational area of the authority; provided,
further, that the officers, directors, agents, and employees of an authority may not be sued
for their actions in behalf of the authority except for actions that are known by such person
to be unlawful or are performed with reckless disregard for the lawfulness of such actions;
(3) To have and to use a corporate seal and to alter the seal at its pleasure; (4) To establish
a fiscal year; (5) To anticipate by the issuance of its bonds the receipt of any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-12.htm - 6K - Match Info - Similar pages
16-17A-2
Section 16-17A-2 Definitions. For purposes of this chapter, the following terms shall
have the following meanings: (1) ACADEMIC MEDICAL CENTER. The teaching, research, and clinical
facilities provided, established, or operated by a constitutionally created public university
in the state or a university that operates a school of medicine. (2) AUTHORITY. A public corporation
organized pursuant to the provisions of this chapter. (3) BOARD. The board of directors of
an authority. (4) DIRECTOR. A member of the board of an authority. (5) GOVERNMENTAL ENTITY.
The state, a county, a municipality, or any department, agency, board, or commission of the
state, a county, or a municipality. (6) HEALTH CARE FACILITY. All property or rights in property,
real or personal, tangible or intangible, useful to an authority in its operations, including
without limitation, the following: a. Facilities necessary or desirable to the operation of
an academic medical center, one or more health sciences schools,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-17A-2.htm - 4K - Match Info - Similar pages
|