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40-29-28
after the sale thereof. (2) PRICE. Such property or tract of property shall be permitted to
be redeemed upon payment to the purchaser, or in case he cannot be found in the county in
which the property to be redeemed is situated, then to the commissioner or his delegate, for
the use of the purchaser, his heirs, or assigns, the amount paid by such purchaser and interest
thereon at the current rate of interest per annum as last published and charged on delinquent
taxes by the Internal Revenue Service. Where the state was purchaser, the tax liability must
be paid in full in addition to the costs, penalties and interest in order to redeem. (c) Record.
When any lands sold are redeemed as provided in this section, the commissioner or his delegate
shall cause entry of the fact to be made upon the record mentioned in Section 40-29-31, and
such entry shall be evidence of such redemption. (d) There may be no redemption of personal
property. (Acts 1983, 4th Ex. Sess., No. 83-891, p. 128, §11.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-29-28.htm - 2K - Match Info - Similar pages
11-54-183
and all leases, mortgages, and deeds of trust by or to an authority shall be exempt from all
taxation in the State of Alabama. Any authority shall also be exempt from all license and
excise taxes imposed in respect of the privilege of engaging in any of the activities in which
an authority may engage. An authority shall not be obligated to pay or allow any fees, taxes,
or costs to the judge of probate of any county in respect of its incorporation, the amendment
of its certificate of incorporation, or the recording of any document. Nothing contained in
this section shall be construed to exempt the property of an authority from any ad valorem
taxes imposed by the state or any county, municipality, or other political subdivision, or
to exempt an authority from any privilege or license taxes levied by the state or any county,
municipality or other political subdivision with respect to tangible personal property
purchased or used by an authority. (Acts 1980, No. 80-648, p. 1235, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-183.htm - 1K - Match Info - Similar pages
11-92B-21
Section 11-92B-21 Exemption from taxation. An authority, including, without limitation, its
property, its income, the bonds and other securities issued by the authority, the interest
applicable thereto, and the income therefrom, and all mortgages, indentures, and other instruments
executed as security therefor, and all deeds and other documents delivered to or by the authority
shall be exempt from all state and local taxation, except sales and use tax, but including,
without limitation, any license or excise taxes imposed on the authority for the privilege
of engaging in any of the activities in which the authority may engage. An authority shall
not be obligated to pay any fees, taxes, or costs to the judge of probate in connection with
the recording or filing of any deed or document. Except as provided in this section, nothing
in this chapter shall be construed to: (1) Exempt any person, individual, corporation, association,
or entity from otherwise applicable state, county, and...
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19-3-120
Section 19-3-120 Classes of authorized investments; repeal of conflicting statutes. (a) Unless
otherwise authorized or directed by the court having jurisdiction thereof, or by the will,
trust agreement or other document which is the source of authority, a trustee, executor, administrator,
guardian or one acting in any other fiduciary capacity, other than as a trustee governed by
the Alabama Uniform Trust Code, with the exercise of reasonable business prudence, in addition
to any other investments now permitted by law, may invest funds in securities or investments
which, at the time of the making or purchase thereof, are included in one or more of the following
classes: (1) Bonds or other interest-bearing obligations of the United States of America,
or payment of which the United States of America has guaranteed as to both principal and interest.
(2) Bonds issued by the Federal Land Bank, under the act of Congress of the United States
of America, designated as "the Federal Farm Loan...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/19-3-120.htm - 5K - Match Info - Similar pages
35-11-46
Section 35-11-46 Duties of filing officer. (a) If a notice of a federal lien, a refiling of
a notice of federal lien, or a notice of revocation of any certificate described in subsection
(b) is presented for filing, the filing officer shall cause the notice to be marked, held,
and indexed in accordance with the provisions of Section 7-9A-519 of the Uniform Commercial
Code, as if the notice were a financing statement within the meaning of that Code, and if
the filing officer is the judge of probate, the filing officer also shall cause the notice
to be cross-indexed in the real estate mortgage records under the name of the person against
whose interest the lien applies in the same fashion as if such person were the mortgagor in
a mortgage of real estate and also under the name of the person claiming the lien as if such
person were the mortgagee thereunder. (b) If a certificate of release, nonattachment, discharge,
or subordination of any lien is presented to the filing officer for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-11-46.htm - 3K - Match Info - Similar pages
9-9-32
Section 9-9-32 Levy of annual installment of tax; form of certificate and order directing collection
of tax; preparation of tax record; proceedings as to delinquencies. (a) The said board of
water management commissioners shall each year thereafter determine, order and levy the amount
of the annual installment of the total taxes under Section 9-9-31, which shall become due
and be collected during said year at the same time that state and county taxes are due and
collected and which shall be evidenced and certified by the said board as provided in this
section. Prior to the first Monday in October of each year, one copy of the water management
tax book shall be delivered to the tax collector of each county in which benefited lands and
other benefited property of said district are situated after the judge of the court of probate
of the county in which the district was organized has affixed his signature to the certificate
and order directing the collection of said tax, and said tax shall...
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40-20-36
the address shown on the application or delivered otherwise to the applicant; the first copy
of the application shall be retained by the judge as his permanent record, and the second
copy of the application, together with a certificate of the amount of taxes paid thereon,
shall be sent by the judge to the tax assessor of the county. If it later is ascertained that
an insufficient amount was paid with the application for the exemption provided herein, such
exemption shall not be thereby rendered void, but the additional amount which should have
been paid, together with a penalty of 25 percent and one percent interest per month thereon
from the date of the application until paid shall be a lien on the interest exempted and a
personal debt of the applicant collectible by civil action for appropriate personal
judgment and to enforce the lien, which may be maintained by the county to which such sum
should have been paid. (Acts 1957, No. 261, p. 332, §7; Acts 1961, No. 864, p. 1346, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-20-36.htm - 2K - Match Info - Similar pages
26-9-10
Section 26-9-10 Investment of funds of estate by guardian; limitation as to loans of funds
of ward. (a) Every guardian shall invest the funds of the estate in one or more of the following
forms in which the guardian has no interest and not otherwise: (1) Interest-bearing obligations
of the State of Alabama or of the United States or as to which the State of Alabama or the
United States has guaranteed the payment of both principal and interest. (2) Loans secured
by direct first mortgage on improved real estate located within the State of Alabama. Such
loans shall not exceed 50 percent of the actual value fixed by a competent appraiser or of
the value for which such real estate, with improvements, was assessed for taxation for the
last preceding tax year, whichever is the lower, except as provided in subdivision (3) of
this section. (3) Purchase of indebtedness secured by first real estate mortgages which have
been accepted for insurance by the Secretary of Housing and Urban Development...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-9-10.htm - 3K - Match Info - Similar pages
10A-2A-9.13
Section 10A-2A-9.13 Statement of conversion; effectiveness. (a) After a plan of conversion
is approved: (1) if the converting organization is an organization formed under, or its internal
affairs are governed by, the laws of this state, the converting organization shall file a
statement of conversion in accordance with subsection (c), which statement of conversion must
be signed in accordance with Section 10A-1-4.01 and which must include: (A) the name, type
of organization, and mailing address of the principal office of the converting organization,
and its unique identifying number or other designation as assigned by the Secretary of State,
if any; (B) the date of the filing of the certificate of formation of the converting organization,
if any, and all prior amendments and the filing office or offices, if any, where the certificate
of formation and amendments are filed; (C) a statement that the converting organization has
been converted into the converted organization; (D) the name...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-9.13.htm - 6K - Match Info - Similar pages
40-10-73
to redeem is duly recorded at the time of said tax sale, the said party shall, in addition
to the time in this title specified, have the right to redeem said real estate sold, or any
portion thereof covered by his mortgage or lien, at any time within one year from the date
of written notice from the purchaser of his purchase of said lands at tax sale, served upon
such party, and notice served upon either the original mortgagees or lienholders or their
transferee of record, or their heirs, personal representatives, or assigns shall be
sufficient notice. Such notice shall be given by certified or registered mail, return receipt
demanded, addressed to the last known address of the mortgagee or lienholder. Nothing in this
title shall affect the rights of minors or insane persons to redeem as provided for in this
title, or operate to convey or affect the rights, title or interest of any reversioner or
remainderman. (Acts 1935, No. 194, p. 256; Acts 1935, No. 525, p. 1112; Code 1940, T....
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