Code of Alabama

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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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41-10-174
Section 41-10-174 Meetings; quorum; organization and procedure of the authority; official seal;
election and terms of office of chairman, vice-chairman, secretary and treasurer; bonding
requirements for treasurer. (a) The authority shall hold an annual meeting at Blakeley each
September on a day designated by the chairman. Eleven members shall constitute a quorum for
the transaction of business. Additional meetings may be held at such times and places within
the state as may be necessary, desirable or convenient, upon call of the chairman or, in the
case of his absence or incapacity, of the vice-chairman or on the call of any 12 members of
the authority. (b) The authority shall determine and establish its own organization and procedure
in accordance with the provisions of this article, and shall have an official seal. (c) The
authority shall elect its chairman, its vice-chairman, its secretary and its treasurer, and
such officers shall hold office for a period of two years or until a...
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45-17-90.02
Section 45-17-90.02 Board of directors; meetings; compensation. (a) The 24 members of the authority
shall constitute the board of directors of the authority. The authority shall hold an organizational
meeting within 30 days after the appointment of all its members and shall elect a chair, vice
chair, and treasurer from among its members. (b) Terms of office and the duties and responsibilities
of the officers shall be set forth in the bylaws of the authority. The board of directors
shall oversee the affairs and management of the authority. (c) The authority shall meet at
the time and place designated by the chair of the board or, in the absence of the chair, by
the vice chair. The chair or a majority of the members of the board may call a meeting of
the authority, and at least four meetings shall be held annually. The chair shall preside
at each meeting of the authority. In the absence of the chair, the vice chair shall preside.
A majority of the members of the authority shall...
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45-39-92.02
Section 45-39-92.02 Board of directors; meetings; compensation. (a) The 24 members of the authority
shall constitute the board of directors of the authority. The authority shall hold an organizational
meeting within 30 days after the appointment of all its members and shall elect a chair, vice
chair, and treasurer from among its members. (b) Terms of office and the duties and responsibilities
of the officers shall be set forth in the bylaws of the authority. The board of directors
shall oversee the affairs and management of the authority. (c) The authority shall meet at
the time and place designated by the chair of the board or, in the absence of the chair, by
the vice chair. The chair, or a majority of the members of the board, may call a meeting of
the authority, and at least four meetings shall be held annually. The chair shall preside
at each meeting of the authority. In the absence of the chair, the vice chair shall preside.
A majority of the members of the authority shall...
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33-15-8
Section 33-15-8 Bonds and other obligations - Generally. All bonds issued by the authority
shall be signed by the chairman of its board of directors and attested by its secretary-treasurer,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the said chairman; provided, that a facsimile
of the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of his manually signing the same, a facsimile of the seal of the
authority may be printed or otherwise reproduced on any such bonds in lieu of being manually
affixed thereto and a facsimile of the signature of the chairman of its board of directors
may be printed or otherwise reproduced on any such interest coupons in lieu of his manually
signing the same. Any such bonds may be executed and delivered by the authority at any time
and from time to time, shall be in such form and denominations and of...
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4-3-46
Section 4-3-46 Officers of authority; personnel. The officers of the authority shall consist
of a chairman, a vice-chairman, a secretary, a treasurer and such other officers as the board
shall deem necessary to accomplish the purposes for which the authority was organized. The
chairman and vice-chairman shall be elected by the board from its membership, but neither
the secretary, the treasurer nor any of the other officers of the authority need be a member
of the board of directors. The offices of secretary and treasurer may, but need not, be held
by the same person. The chairman and vice-chairman of the authority shall be elected by the
board for a term of one year, and the secretary and the treasurer and the other officers of
the authority shall be elected by the board for such term as it deems advisable. The board
shall have also the authority to employ all personnel as it deems necessary and to fix the
terms and conditions of their employment. The duties of the chairman,...
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4-3-6
Section 4-3-6 Officers of authority. The officers of the authority shall consist of a chairman,
a vice-chairman, a secretary, a treasurer and such other officers as the board shall deem
necessary to accomplish the purposes for which the authority was organized. The chairman,
vice-chairman and secretary of the authority shall be elected by the board from its membership,
but neither the treasurer nor any of the other officers of the authority need be a member
of the board of directors. The offices of secretary and treasurer may, but need not be, held
by the same person. The chairman, vice-chairman and secretary of the authority shall be elected
by the board for a term of one year, and the treasurer and the other officers of the authority
shall be elected by the board for such term as it deems advisable. The board shall have also
the authority to employ all personnel as it deems necessary and to fix the terms and conditions
of their employment. The duties of the chairman, vice-chairman,...
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22-21-176
Section 22-21-176 Officers; personnel. The officers of the corporation shall consist of a chairman,
a vice-chairman, a secretary, a treasurer and such other officers as the board of directors
shall deem necessary to accomplish the purposes for which the corporation was organized. The
chairman and the vice-chairman of the corporation shall be elected by the board of directors
from its membership, but neither the secretary, the treasurer nor any of the other officers
of the corporation need be a member of the board of directors. The offices of secretary and
treasurer may, but need not be, held by the same person. The chairman and the vice-chairman
of the corporation shall be elected by the board of directors for a term of one year, and
the secretary, the treasurer and the other officers of the corporation shall be elected by
the board of directors for such terms as it deems advisable. The board of directors shall
have also the authority to employ all personnel as it deems necessary and...
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45-29-90.13
Section 45-29-90.13 Execution of bonds; pledge of revenues, receipts, and other security. All
bonds issued by the authority shall be signed by the chair of its board of directors and attested
by its secretary-treasurer, and the seal of the authority shall be affixed thereto, and any
interest coupons applicable to the bonds of the authority shall be signed by the chair; provided,
that a facsimile of the signature of one, but not both, of the officers may be printed or
otherwise reproduced on any such bonds in lieu of his or her manually signing the same, a
facsimile of the seal of the authority may be printed or otherwise reproduced on any such
bonds in lieu of being manually affixed thereto, and a facsimile of the signature of the chair
of its board of directors may be printed or otherwise reproduced on any such interest coupons
in lieu of his or her manually signing the same. Any such bonds may be executed and delivered
by the authority at any time, and from time to time, shall be in...
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45-25-250.03
Section 45-25-250.03 Board of directors. The board of directors shall consist of seven directors
that shall be appointed by the members of the state Legislature that represent all or any
portion of DeKalb County for terms of four years. Provided, however, that initial appointments,
as designated by the appointing authority, shall be made so that two directors shall serve
for two years, two directors for three years, and three directors for four years, so that
the terms of the directors are staggered. All directors shall serve until their successors
are appointed and assume office. As soon as may be practicable after the organization of the
authority, an election shall be held by the board of directors to elect a chair, vice chair,
and a secretary-treasurer. Every two years thereafter, the board shall likewise reorganize
itself. No chair or other board officer shall serve more than two consecutive terms as chair
or other board officer. Upon the expiration of the initial terms, directors...
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