Code of Alabama

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25-4-70
Section 25-4-70 Accrual; time and manner of payment; services in employ of Indian tribe.
(a) After contributions have been due under this chapter for two years, benefits shall become
payable from the fund to any employee who thereafter is or becomes unemployed and eligible
for benefits, and shall be paid through unemployment offices or such other agencies at such
times and in such manner as the secretary may prescribe. (b) Benefits based on service in
employment defined in subdivisions (a)(2) and (a)(3) of Section 25-4-10 shall be payable
in the same amount, on the same terms and subject to the same conditions as compensation payable
on the basis of other service subject to this chapter; except, that: (1) With respect to any
week of unemployment beginning after December 31, 1977, benefits shall not be paid based on
service in an instructional, research, or principal administrative capacity for any educational
institution for any such week commencing during the period between two...
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41-10-469
Section 41-10-469 Use of proceeds of refunding bonds. The proceeds of refunding bonds
shall be applied, together with any other moneys legally available therefor, to the payment
of the expenses authorized by this article and to the payment of the principal of, premium,
if any, and interest due and to become due on any outstanding bonds to be refunded thereby
and, if so required by resolution of the authority, shall be deposited in the State Treasury
in an interest account to pay interest on refunding bonds, and in the State Treasury in a
reserve account to further secure the payment of the principal of, premium, if any, and interest
on any refunding bonds. The expenses authorized by this article shall include, in addition
to expenses authorized by other sections hereof, all expenses that the board of directors
may deem necessary or advantageous in connection with the sale and issuance of such refunding
bonds, including without limitation, the expenses of selling and issuing such...
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45-37-170.26
Section 45-37-170.26 Powers of authority. The authority shall have the following powers
together with all powers incidental thereto or necessary for the performance of the powers
stated in this section: (1) To have succession by its corporate name without time limit.
(2) To sue and be sued and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties. (3) To have and to use a corporate seal and to alter
the same at its pleasure. (4) To receive and expend funds from federal, state, county, municipal,
and private sources for the purposes hereof. (5) To dig channels, build dikes, dams, and lakes
or ponds to contain flood waters as deemed useful by it to improve flood control, and whenever
practical to build any and all facilities which can contribute to the use of such flood control
channels for navigation. (6) To contract with municipalities and counties for the financing
and joint construction and operation of such facilities. (7) To...
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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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40-18-1
Section 40-18-1 Definitions. For the purpose of this chapter, the following terms shall
have the respective meanings ascribed by this section: (1) ADVANCED FOSSIL-BASED GENERATION.
The production of electricity from fossil-based generation with the use of technology or efficiency
improvements to control or reduce carbon emissions, including but not limited to, technologies
described in 26 U.S.C. § 48A(f), as such provision existed on December 31, 2007. (2) ALTERNATIVE
ENERGY RESOURCES. Coal gasification or liquefaction, nuclear, and advanced fossil-based generation.
(3) BIOMASS. Animals and plants, and the waste, by-products, or derivatives of either, including,
but not limited to, the materials described in 26 U.S.C. §§ 45(c)(2), 45(c)(3), 45K(c)(3),
or 48B(c)(4). (4) BUSINESS TRUST. Any entity which is a business trust for federal income
tax purposes. (5) CAPTIVE REIT. Any REIT whose shares or certificates of beneficial interest
are not regularly traded on an established...
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45-8-90
Section 45-8-90 Economic Development Council - Creation; composition; powers and duties.
(a)(1) For the purposes of promoting industry and trade and economic development and to assist
Calhoun County and the municipalities located therein in their pursuits therefor and to provide
for the exercise by the county and the municipalities of certain powers and authority proposed
to be granted to them by an amendment to the Constitution of Alabama, the act proposing such
amendment being adopted at the same session of the Legislature at which the act adding this
section was adopted, there is hereby created an economic development council for Calhoun
County, which council shall constitute a public corporation under the name Calhoun County
Economic Development Council. (2) This section shall be liberally construed in conformity
with the purposes. (b)(1) The powers and authorities of the Calhoun County Economic Development
Council shall be vested in and performed by a board of directors. (2) The...
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11-54-129
Section 11-54-129 Use of assets. (a) Subject to succeeding provisions hereof with respect
to the investment of moneys held in and forming a part of an endowment trust fund, and the
management, use, and disposition of other properties, whether real or personal, tangible or
intangible, contributed to such fund, all moneys held in and forming a part of an endowment
trust fund, whether such moneys may be characterized as either principal or income of such
fund, may be expended, and all other properties contributed to a trust fund may be used only
to induce new business, manufacturing, industrial, commercial, service, and research enterprises,
whether or not any such enterprise, or any property to be utilized in connection therewith,
would constitute a "project" within the meaning of either industrial development
board act, to locate within the statutory service area of the board that created such fund,
and to foster activities and policies conducive to the continuing prosperity of such...
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13A-8-111
Section 13A-8-111 Definitions. As used in this article, the following terms shall have
the following meanings: (1) ACCESS. To gain entry to, instruct, communicate with, store data
in, retrieve or intercept data from, alter data or computer software in, or otherwise make
use of any resource of a computer, computer system, or computer network. (2) COMPUTER. An
electronic, magnetic, optical, electrochemical, or other high speed data processing device
or system that performs logical, arithmetic, or memory functions by the manipulations of electronic
or magnetic impulses and includes all input, output, processing, storage, or communication
facilities that are connected or related to the device. (3) COMPUTER NETWORK. The interconnection
of two or more computers or computer systems that transmit data over communication circuits
connecting them. (4) COMPUTER PROGRAM. An ordered set of data representing coded instructions
or statements that when executed by a computer cause the computer to...
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19-3B-508
Section 19-3B-508 Qualified trusts under the Internal Revenue Code. (a) As used in this
section: (1) ASSIGNMENT or ALIENATION, and any conjugation thereof, includes any anticipation,
assignment at law or in equity, alienation, attachment, garnishment, levy, execution, or other
legal or equitable process. The term includes: (i) any arrangement providing for the payment
to the employer or other sponsor of such plan of benefits that otherwise would be due the
participant under the plan; (ii) any direct or indirect arrangement, whether revocable or
irrevocable, whereby any person acquires from a participant or beneficiary of such plan a
right or interest enforceable against the plan in, or to, all or any part of a plan benefit
which is, or may become, payable to the participant or beneficiary; (iii) any attachment,
execution, seizure, or the like, or under any form of legal process whatsoever; and (iv) the
operation of any bankruptcy or insolvency laws under 11 U.S.C. § 522(b) as from...
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35-8A-410
Section 35-8A-410 Escrow of deposits. (a) As used in this section, except as
otherwise provided, the following terms shall have the following meanings: (1) HARD COSTS.
Any and all costs associated with the actual building and construction of the condominium
project, including, but not limited to, site preparation, building materials, shell features,
interior enclosures, fit-out costs, mechanical and electrical systems, and fixtures. The term
hard costs does not include financing costs, compensation paid to architects, engineers, consultants,
sales persons, or attorneys or for advertising or other marketing costs. (2) QUALIFIED PURCHASER.
a. An individual, a group of individuals, or an entity owned directly or indirectly solely
by individuals where each individual shall have an income of more than two hundred thousand
dollars ($200,000) for the calendar year immediately preceding the date of the purchaser's
signing of the purchase contract, or a joint income with his or her spouse of...
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