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33-2-210
Section 33-2-210 Creation and funding of Alabama State Docks Facilities Contingency Trust Fund.
Beginning with the fiscal year commencing on October 1, 1987, the first nine million five
hundred thousand dollars ($9,500,000) of the net amount of all taxes required to be deposited
to or certified into the State Treasury to the credit of the State General Fund pursuant to
Section 40-20-8, during each quarter of each fiscal year shall be credited to an account to
be established in the State Treasury and known as the Alabama State Docks Facilities Contingency
Trust Fund. All funds deposited in the State Treasury to the credit of the Alabama State Docks
Facilities Contingency Trust Fund are to the extent set out herein appropriated to the Alabama
State Port Authority and shall be transferred to the port authority upon the making by the
Director of Finance of the factual determinations hereinafter provided for. In no case shall
the amount transferred and paid out of the Alabama State Docks...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-210.htm - 1K - Match Info - Similar pages
5-11A-6
Section 5-11A-6 Deposit of security for a operation of trust business - State Treasurer to
decline certain bonds or securities. The State Treasurer shall decline to receive bonds or
other securities of a market value less than par and may, in his discretion, decline to receive
any bonds or other securities that he considers unsafe or unsuitable for the purpose. (Acts
1980, No. 80-658, §5-11-6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-11A-6.htm - 703 bytes - Match Info - Similar pages
27-43-9
Section 27-43-9 Bond or deposit requirements. (a) To assure the faithful performance of its
obligations in the event of insolvency, each corporation authorized under Section 27-43-8
shall, through the commissioner, deposit and maintain with the Treasurer of the State securities
of the type eligible for deposit by insurers under Section 27-6-3, which securities shall
have at all times a market value as follows: (1) An insurer which has transacted no legal
expense insurance in this state prior to January 1, 1982, shall, prior to the issuance of
its certificate of authority and before receiving any premiums, place in trust with the Treasurer
of the State, through the commissioner an initial amount of $50,000.00; (2) An insurer transacting
a legal expense insurance business in this state prior to January 1, 1982, and having in force
in this state less than $300,000.00 of gross written premiums, membership fees, or similar
charges shall place in trust with the Treasurer of the State,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-43-9.htm - 4K - Match Info - Similar pages
27-33-2
Section 27-33-2 Deposit of assets in trust. (a) An alien insurer may use Alabama as a state
of entry to transact insurance in the United States by making and maintaining in this state
a deposit of assets in trust with a solvent bank or trust company approved by the commissioner.
(b) The deposit, together with other trust deposits of the insurer held in the United States
for the same purpose, shall be in amount not less than the deposits required of an alien insurer
under Section 27-3-14 and shall consist of cash and/or securities eligible for the investment
of the funds of like domestic insurers. (c) Such a deposit may be referred to as "trusteed
assets." (Acts 1971, No. 407, p. 707, §657.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-33-2.htm - 1K - Match Info - Similar pages
33-13-10
Section 33-13-10 Bonds - State Docks Facilities Reserve Fund. There is hereby created a special
fund to be designated the State Docks Facilities Reserve Fund, which shall be held in and
constitute a part of the State Treasury and which shall be maintained until the principal
of and interest on the bonds (or any refunding bonds that may hereafter be issued to refund
any of the bonds) shall have been paid in full. As promptly as may be practicable following
each fiscal year of the state, commencing with the fiscal year ending September 30, 1976,
the state docks director shall determine the number of tons (each ton to be deemed to constitute
2,000 pounds) of general cargo that was handled by the State Docks Department during the said
fiscal year. Not later than 90 days after the end of each such fiscal year, the State Docks
Department shall pay into the said special fund whichever is the smaller of the following:
(1) An amount equal to $.03 for each ton (i.e., 2,000 pounds) of general...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-13-10.htm - 3K - Match Info - Similar pages
40-18-140
Section 40-18-140 Contribution designations. (a)(1) Each Alabama resident individual income
taxpayer desiring to contribute to any of the programs listed in subsection (b) may designate
an amount of his or her refund, rounded off in whole dollars, in an appropriate box on the
state income tax return form, to be credited to the program. (2) All future check-offs, duly
enacted by the Legislature subsequent to April 17, 2006, shall be accorded an appropriate
box on the state income tax return forms, subject to the terms and conditions prescribed herein,
without the requirement that they be added by amendment to this section. (b) Contributions
received for the following authorized charitable and nonpolitical income tax check-off recipients,
less costs of administration to the Department of Revenue not to exceed five percent, shall
be distributed and appropriated as provided herein: (1) Contributions to the Alabama Aging
Program shall be deposited with the State Treasurer into the Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-140.htm - 6K - Match Info - Similar pages
41-9-355
Section 41-9-355 Loan from State Docks Department; commission may borrow from banks pending
such loan and pledge loan as security; $50,000.00 outstanding indebtedness forgiven. (a) At
such time as existing revenue bond covenants of the Alabama State Docks Department are satisfied
as a result of any refunding of revenue bond issues of the Alabama State Docks Department
that are outstanding as of August 1, 1963, the Alabama State Docks Department shall loan $50,000.00
to the USS Alabama Battleship Commission from the trust fund that will be released to the
Alabama State Docks Department as a result of said refunding. This loan shall be repaid to
the Alabama State Docks Department from the proceeds of the first revenue issue authorized
under this article. Pending said loan from the Alabama State Docks Department from the released
trust fund, the USS Alabama Battleship Commission is hereby authorized to borrow from any
bank or banks in the state of Alabama such sums up to $50,000.00 as are...
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5-11A-7
Section 5-11A-7 Deposit of security for a operation of trust business - Certificate of deposit;
purpose. The State Treasurer shall, from time to time, furnish the company making such deposit
with a proper certificate showing the fact of the deposit and containing an exact description
of the bonds or other securities deposited. Such deposit is to secure the payment of all liabilities
of the company making the deposit as a guardian, administrator, executor, receiver, trustee
or other fiduciary under appointment of any court of this state where the company has claimed
exemption from giving bond by reason of having this deposit, and all such liabilities shall
constitute a first claim on said bonds or other securities deposited as against all other
liabilities of said company. (Acts 1980, No. 80-658, §5-11-7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-11A-7.htm - 1K - Match Info - Similar pages
27-6-4
Section 27-6-4 Deposits of insurers - State Treasurer as custodian. (a) Deposits made in this
state under Sections 27-3-11, 27-3-12, and 27-3-14, together with deposit of reserves of domestic
life insurers under registered policies heretofore issued, shall be made through the commissioner
with the Treasurer of the State of Alabama. (b) The State Treasurer, in his official capacity,
shall take receipt for and hold deposits made under this title as provided in subsection (a)
of this section, subject to the provisions of this chapter. (c) The State Treasurer shall
hold all such deposits in safekeeping in the vaults located in his offices or, if space in
such vaults is not reasonably adequate and safe for all securities and property otherwise
to be contained therein, the Treasurer may keep such securities in safe deposit boxes rented
by him for the purpose and under his control in established safe deposit institutions located
in the City of Montgomery, Alabama. (d) The Treasurer shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-6-4.htm - 2K - Match Info - Similar pages
33-2-14
Section 33-2-14 Exercise of authority by Governor and department; evidence of approval and
consent of Governor and department. The Governor and the State Docks Department, respectively,
are hereby directed and required to exercise the power and authority by this article conferred
upon them, respectively, to whatever extent is necessary to the accomplishment of the improvement
and development hereby authorized. Any approval or consent by the Governor required by this
article shall be sufficiently evidenced by a certificate to that effect signed by the Governor
and filed in the office of the State Treasurer, and approval or consent by the State Docks
Department shall be sufficiently shown by a certificate signed by the director of state docks
and attested by the Secretary-Treasurer of the Alabama State Docks Department and filed in
the office of the State Treasurer. (Acts 1957, No. 311, p. 408, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-2-14.htm - 1K - Match Info - Similar pages
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