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4-2A-20
Section 4-2A-20 Participation by authority employees in State Employees' Retirement System.
REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN
THE CURRENT CODE SUPPLEMENT. (Acts 1991, No. 91-667, p. 1275, §20.)...
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10A-2-8.31
Section 10A-2-8.31 Fiduciary obligations not impaired. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Neither
an unqualified statement of rights or powers, nor an unqualified grant of authority in this
chapter, shall be taken or construed to abrogate, repeal, displace, modify or impair the fiduciary
obligations of directors or other officers or employees of a corporation, or of shareholders
having or exercising control thereof, or any function thereof, whether by reason of ownership
of a majority, or other controlling, interest therein, or otherwise, or the jurisdiction of
the courts to grant relief by way of injunction or otherwise, in order to forestall, prevent,
correct, remedy or allow damages for fraud, oppression, imposition or other inequitable or
remedial conduct in conformity with the applicable principles and practices of law. (Acts
1994, No. 94-245, p. 343, §1; §10-2B-8.31; amended and renumbered...
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10A-2-8.42
Section 10A-2-8.42 Standards of conduct for officers. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
An officer with discretionary authority shall discharge his or her duties under that authority:
(1) In good faith; (2) With the care an ordinarily prudent person in a like position would
exercise under similar circumstances; and (3) In a manner he or she reasonably believes to
be in the best interests of the corporation. (b) In discharging his or her duties an officer
is entitled to rely on information, opinions, reports, or statements, including financial
statements and other financial data, if prepared or presented by: (1) One or more officers
or employees of the corporation whom the officer reasonably believes to be reliable and competent
in the matters presented; or (2) Legal counsel, public accountants, certified public accountants,
or other persons as to matters the officer reasonably believes are...
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45-28A-41.25
Section 45-28A-41.25 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2019 REGULAR
SESSION, EFFECTIVE APRIL 6, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Upon the
assumption of office of the initially elected members of the board of education, the Gadsden
City Board of Education as provided in this subpart shall be constituted and the terms, powers,
duties, responsibilities, and emoluments of office of the prior members of the board of education
shall end. (b)(1) Upon assumption of office of the initial elected members of the board of
education, these members shall have the powers, authority, duties, and responsibilities as
are otherwise provided by law for members of city boards of education as set forth in Chapter
11, commencing with Section 16-11-1, of Title 16, and as otherwise provided by law. (2) At
the first meeting after the board takes office, and every year thereafter, the board shall
by majority vote of those voting, select a chair and a vice chair from...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms shall
have the following meanings: (1) ACT. The act adding this part, to be called the General Retirement
System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual who currently
is employed by the county or other entities set forth in subdivision (20) and is making employee
contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30, 1984, or such other
dates as set forth in Exhibit A, which is maintained in the office of the pension board, a
form of benefit differing in time, period, or manner of payment from a specific benefit provided
under the plan but having the same value when computed using the mortality tables, the interest
rate, and any other assumptions last adopted by the pension board, which assumptions shall
clearly preclude any discretion in the determination of the amount of a member's benefit.
(4) ACTUARIAL GAIN. As defined in Section...
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33-1-8
Section 33-1-8 Board of directors. (a)(1) The port authority shall be governed by a board of
directors, consisting of eight appointed members and one ex officio member. a. The Governor
shall appoint eight members subject to confirmation by the Senate as follows: b. Two members
from the southern region of this state consisting of the following counties: Baldwin, Choctaw,
Clarke, Conecuh, Dallas, Escambia, Hale, Marengo, Mobile, Monroe, Perry, Washington, and Wilcox.
c. Two members from the central region of this state consisting of the following counties:
Autauga, Barbour, Bullock, Butler, Chambers, Chilton, Coffee, Coosa, Covington, Crenshaw,
Dale, Elmore, Geneva, Henry, Houston, Lee, Lowndes, Macon, Montgomery, Pike, Russell, Randolph,
Tallapoosa, and Tuscaloosa. d. Two members from the northern region of this state consisting
of the following counties: Winston, Clay, Cullman, Cleburne, Colbert, Pickens, Shelby, St.
Clair, Sumter, Talladega, Etowah, Walker, Morgan, Marion, Marshall,...
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4-2A-23
Section 4-2A-23 Dissolution of authority. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152
EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1991, No. 91-667,
p. 1275, §23.)...
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4-2A-6
Section 4-2A-6 Powers of authority. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE
JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1991, No. 91-667, p. 1275,
§6.)...
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41-5-10
Section 41-5-10 Assistants and employees. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-129
EFFECTIVE FEBRUARY 22, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1947, No. 351,
p. 231, §9.)...
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9-6A-2
Section 9-6A-2 Purposes of authority. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152
EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1981, No. 81-721,
p. 1227, §2.)...
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