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16-18-4
Section 16-18-4 Amendments to certificate of incorporation. (a) The certificate of incorporation
of any authority incorporated under the provisions of this chapter may at any time and from
time to time be amended in the manner provided in this section. (b) The board of directors
of the authority shall first adopt a resolution proposing an amendment to the certificate
of incorporation, which amendment shall be set forth in full in the said resolution and may
include any matters which might have been included in the original certificate of incorporation
or which could be included in the certificate of incorporation of an authority organized on
the date of the adoption of the said resolution proposing the amendment. (c) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation of
the authority, the board shall file a written application with the governing body of the determining
municipality. Such application shall: (1) State that it is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-18-4.htm - 4K - Match Info - Similar pages
45-37-123.106
Section 45-37-123.106 Minimum distribution requirements. (a) General rules. (1) EFFECTIVE DATE.
Except as otherwise provided herein, the provisions of this section shall apply for purposes
of determining required minimum distributions for calendar years beginning on and after January
1, 1987. (2) REQUIREMENTS OF TREASURY REGULATIONS INCORPORATED. All distributions required
under this section shall be determined and made in accordance with § 401(a)(9), Internal
Revenue Code, including the incidental death benefit requirement in § 401(a)(9)(G), and the
regulations thereunder. (3) PRECEDENCE. Subject to the joint and survivor annuity requirements
of the plan, the requirements of this section shall take precedence over any inconsistent
provisions of the plan. (b) Time and manner of distribution. (1) REQUIRED BEGINNING DATE.
The member's entire interest shall be distributed, or begin to be distributed, to the member
no later than the member's required beginning date. (2) DEATH OF MEMBER...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.106.htm - 23K - Match Info - Similar pages
11-101A-5
Section 11-101A-5 Amendment to certificate of incorporation. (a) The certificate of incorporation
of any authority incorporated under this chapter may at any time, and from time to time, be
amended, but only in the manner provided in this section. The board shall first adopt a resolution
proposing an amendment to the certificate of incorporation of the authority, which amendment
shall be set forth in full in the resolution and which amendment may include any matters that
might have been included in the original certificate of incorporation. (b) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation of
the authority, the chair of the board and the secretary of the authority shall sign and file,
with the governing body of each authorizing subdivision, a written application in the name
and on behalf of the authority, requesting the governing body to adopt a resolution approving
the proposed amendment, and accompanied by a certified copy...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-5.htm - 3K - Match Info - Similar pages
11-54-175
Section 11-54-175 Amendments to certificate of incorporation; filing of application; approval
or denial by governing body; filing and recordation. The certificate of incorporation of any
authority incorporated under the provisions of this article may at any time and from time
to time be amended in the manner provided in this section. The board shall first adopt a resolution
proposing an amendment to the certificate of incorporation which shall be set forth in full
in the said resolution and which amendment may include any matters which might have been included
in the original certificate of incorporation. After the adoption by the board of a resolution
proposing an amendment to the certificate of incorporation of the authority, the chairman
of the board and the secretary of the authority shall sign and file a written application
in the name of and on behalf of the authority, under its seal, with the governing body of
the authorizing municipality, requesting such governing body to adopt...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-175.htm - 3K - Match Info - Similar pages
11-54A-6
Section 11-54A-6 Amendments to certificate of incorporation; procedure. The certificate of
incorporation of the authority incorporated under the provisions of this chapter may at any
time and from time to time be amended in the manner provided in this section. The board shall
first adopt a resolution proposing an amendment to the certificate of incorporation which
shall be set forth in full in the said resolution and which amendment may include any matters
which might have been included in the original certificate of incorporation. After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation of
the authority, the chairman of the board and the secretary of the authority shall sign and
file a written application in the name of and on behalf of the authority, under its seal,
with the governing body of the city, requesting such governing body to adopt a resolution
approving the proposed amendment, and accompanied by a certified copy of the said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54A-6.htm - 3K - Match Info - Similar pages
19-3D-12
Section 19-3D-12 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE JANUARY 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. DECANTING POWER UNDER
LIMITED DISTRIBUTIVE DISCRETION. (a) In this section, "limited distributive discretion"
means a discretionary power of distribution that is limited to an ascertainable standard or
a reasonably definite standard. (b) An authorized fiduciary that has limited distributive
discretion over the principal of the first trust for the benefit of one or more current beneficiaries
may exercise the decanting power over the principal of the first trust. If an authorized fiduciary
has limited distributive discretion over part but not all of the principal of a first trust,
the fiduciary may exercise the decanting power over that part of the principal over which
the authorized fiduciary has limited distributive discretion. (c) Under this section and subject
to Section 19-3D-14, a second trust may be created or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3D-12.htm - 2K - Match Info - Similar pages
39-7-27
Section 39-7-27 Disposition of moneys of authority. All moneys of an authority incorporated
under this chapter from whatever source derived shall be paid to the treasurer of such authority
and deposited by said treasurer in a depository designated by the board of trustees of such
authority. The treasurer shall not commingle said moneys with any other moneys. Said moneys
shall be deposited in a separate bank account or accounts. The moneys in said accounts shall
be paid out on check or warrant of the treasurer of said authority on requisition of the board
of trustees or of such other person or persons as the authority may authorize to make such
requisitions. All deposits of such money shall, if required by such treasurer or by the board
of trustees of the authority, be secured by obligations of the United States or of the State
of Alabama of a market value equal at all times to the amount of the deposit and all banks
and trust companies are authorized to give such security for such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-7-27.htm - 1K - Match Info - Similar pages
45-23A-91.05
Section 45-23A-91.05 Amendments to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this part may at any time and from time to time be amended
in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation which shall be set forth in full in the resolution
and which amendment may include any matters which might have been included in the original
certificate of incorporation. (b) After the adoption by the board of a resolution proposing
an amendment to the certificate of incorporation of the authority, the chair of the board
and the secretary of the authority shall sign and file a written application in the name of
and on behalf of the authority, under its seal, with the governing body of the city, requesting
such governing body to adopt a resolution approving the proposed amendment, and accompanied
by a certified copy of the resolution adopted by the board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-23A-91.05.htm - 2K - Match Info - Similar pages
45-27A-31.05
Section 45-27A-31.05 Amendments to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this part may at any time and from time to time be amended
in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation which shall be set forth in full in the resolution
and which amendment may include any matters which might have been included in the original
certificate of incorporation. (b) After the adoption by the board of a resolution proposing
an amendment to the certificate of incorporation of the authority, the chair of the board
and the secretary of the authority shall sign and file a written application in the name of
and on behalf of the authority, under its seal, with the governing body of the city, requesting
such governing body to adopt a resolution approving the proposed amendment, and accompanied
by a certified copy of the resolution adopted by the board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27A-31.05.htm - 2K - Match Info - Similar pages
45-35A-52.05
Section 45-35A-52.05 Amendments to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this part may at any time and from time to time be amended
in the manner provided in this section. The board shall first adopt a resolution proposing
an amendment to the certificate of incorporation which shall be set forth in full in the resolution
and which amendment may include any matters which might have been included in the original
certificate of incorporation. (b) After the adoption by the board of a resolution proposing
an amendment to the certificate of incorporation of the authority, the chair of the board
and the secretary of the authority shall sign and file a written application in the name of
and on behalf of the authority, under its seal, with the governing body of the city, requesting
such governing body to adopt a resolution approving the proposed amendment, and accompanied
by a certified copy of the resolution adopted by the board...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-35A-52.05.htm - 2K - Match Info - Similar pages
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