10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise requires,
the following terms mean: (1) AFFILIATE. A person who controls, is controlled by, or is under
common control with another person. An affiliate of an individual includes the spouse, or
a parent or sibling thereof, of the individual, or a child, grandchild, sibling, parent, or
spouse of any thereof, of the individual, or an individual having the same home as the individual,
or a trust or estate of which an individual specified in this sentence is a substantial beneficiary;
a trust, estate, incompetent, conservatee, protected person, or minor of which the individual
is a fiduciary; or an entity of which the individual is director, general partner, agent,
employee or the governing authority or member of the governing authority. (2) ASSOCIATE. When
used to indicate a relationship with: (A) a domestic or foreign entity for which the person
is: (i) an officer or governing person; or (ii) a beneficial...
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16-16A-7
Section 16-16A-7 Additional findings; bonds authorized; procedures. (a) The Legislature finds
that the number of students attending the several school systems located in those areas of
North Alabama that will be directly impacted by the 2005 BRAC and Subsequent BRAC Actions
will collectively increase by an estimated 9,000 students. As a result, there will be a need
for the construction of additional school facilities as well as the renovation of existing
school facilities. The Legislature also finds that the 2005 BRAC and Subsequent BRAC Actions
will have a positive impact on future receipts to the Education Trust Fund, as the significant
population growth in North Alabama will increase sales, income, and other tax collections.
Thus, it is an efficient use of state funds to allow such revenue growth to help pay for capital
improvement costs associated with BRAC-related school construction. (b) The Alabama Public
School and College Authority is hereby authorized to sell and issue its...
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27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
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40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby approved,
adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article I. Purposes.
The purposes of this compact are to: 1. Facilitate proper determination of state and local
tax liability of multistate taxpayers, including the equitable apportionment of tax bases
and settlement of apportionment disputes. 2. Promote uniformity or compatibility in significant
components of tax systems. 3. Facilitate taxpayer convenience and compliance in the filing
of tax returns and in other phases of tax administration. 4. Avoid duplicative taxation. Article
II. Definitions. As used in this compact: 1. "State" means a state of the United
States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory or possession
of the United States. 2. "Subdivision" means any governmental unit or special district
of a state. 3. "Taxpayer" means any corporation, partnership, firm,...
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41-10-753
Section 41-10-753 Members, officers, and directors. The applicants named in the application
and their respective successors in office shall constitute the members of the authority. The
president, vice president, and secretary of the authority shall be elected by the members
and shall serve for the terms and conditions as the members may establish. The State Treasurer
shall act as custodian of the authority's funds, and shall pay, out of appropriated funds
and any other monies and property available to the authority, all debt service related to
bonds of the authority and any other amounts required by this article to be paid out of the
BP Settlement Fund. The members of the authority shall constitute all of the directors of
the authority, and any four directors shall constitute a quorum for the transaction of business.
Should any person holding any state office named in this section cease to hold the office
by reason of death, resignation, expiration of the term of office, or for any...
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2-6-74
Section 2-6-74 Board of directors; officers; quorum; compensation; record of proceedings. The
powers of the corporation shall be vested in a board of directors consisting of the persons
at any time holding the offices of Governor, Commissioner of Agriculture and Industries and
Director of Finance. Any two members of the board of directors shall constitute a quorum for
the transaction of business. No vacancy in the membership of the board of directors or the
voluntary disqualification or abstention of any member thereof shall impair the right of a
quorum of the board of directors to act. The corporation shall have a president, a vice-president
and a secretary, who shall be elected by the board of directors from the members of the board,
and a treasurer, who shall be the State Treasurer of the state. If it so desires, the board
of directors may appoint an assistant secretary who need not be a member of the board of directors.
The officers of the corporation shall hold their respective...
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11-89A-6
Section 11-89A-6 Board of directors of authority; election; terms of office; vacancies; qualifications;
expenses; meetings; notice and waiver; resolutions; impeachment. (a) Each authority shall
have a board of directors composed of the number of directors provided in the certificate
of incorporation, as most recently amended; provided, however, that in the case of any authority
in existence and incorporated prior to May 11, 1989, the board shall consist of three directors
who shall be elected by the governing body of the determining subdivision for staggered terms
in accordance with the provisions of law as it existed immediately prior to the aforesaid
effective date unless such authority shall otherwise amend its certificate of incorporation
pursuant to the provisions of Section 11-89A-5. Unless provided to the contrary in its certificate
of incorporation, all powers of the authority shall be exercised, and the authority shall
be governed, by the board or pursuant to its...
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45-37A-54.63
Section 45-37A-54.63 Board of directors. Such authority formed under this subpart shall constitute
a public benefit agency of the State of Alabama and shall have a board of directors of nine
members selected as herein provided. Such board of directors shall constitute the governing
body of the authority. The members of the board of directors shall serve without compensation,
except they shall be reimbursed for actual expenses incurred in and about the performance
of their duties hereunder. No member of the board of directors shall be an officer of the
city. The six original and their subsequent directors shall be elected by the governing body
of the city, and they shall be so elected that they shall hold office for staggered terms.
For the purpose of so staggering the terms, the directorships shall be numbered one through
six, inclusive. The first term of office of each director shall be for a number of years corresponding
to the number of the directorship which he or she holds; and,...
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23-6-6
Section 23-6-6 Members, officers, and directors of corporation; vacancies; compensation; record
of proceedings; record as evidence. The applicants named in the application and their respective
successors in office shall constitute the members of the corporation. The Director of Transportation
shall be the president of the corporation, the State Treasurer shall be its vice-president,
the Director of Finance shall be the secretary of the corporation, and the State Treasurer
shall be the treasurer of the corporation and shall act as custodian of its funds. The members
of the corporation shall constitute all the members of the board of directors of the corporation,
and any two members of the said board of directors shall constitute a quorum for the transaction
of business. Should any of said officials of the state die or should his term of office as
Director of Transportation, State Treasurer, or Director of Finance, as the case may be, expire
or should he resign therefrom, his successor...
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9-8A-3
Section 9-8A-3 Commission - Members and officers; terms of office; vacancies; compensation
and expenses; meetings; quorum; record of proceedings; copies of proceedings as evidence;
members and officers not personally liable. (a) The members of the commission shall consist
of the Governor; the Commissioner of Agriculture and Industries; the President of the Alabama
Farmers Federation; the President of the Alabama Cattlemen's Association; the Chair of the
State Soil and Water Conservation Committee; a member of the Alabama Forestry Commission designated
by the Governor; the President of the Alabama Association of Conservation Districts; and two
citizens of the state of good reputation who are active farmers or timberland owners or involved
in environmental protection appointed by the Governor. Each voting member of the commission,
except the two citizens appointed by the Governor, may appoint a designee to represent him
or her at all commission meetings. The members of the commission may...
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