Code of Alabama

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41-10-430
Section 41-10-430 Contracts and obligations not debts of state. All contracts made and obligations
incurred by the authority shall be solely and exclusively obligations of the authority and
shall not create debts of the State of Alabama. (Acts 1990, No. 90-293, p. 396, §11.)...

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41-10-402
Section 41-10-402 Liability upon contracts, obligations, etc., of authority. All contracts
made and obligations incurred by the authority shall be solely and exclusively obligations
of the authority and shall not create debts of the State of Alabama. (Acts 1989, No. 89-704,
p. 1402, §13.)...
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41-10-281
Section 41-10-281 Obligations not debt of state. All contracts made, obligations incurred and
bonds issued by the authority shall be solely and exclusively obligations of the authority
and shall not create obligations or debts of the state. (Acts 1986, No. 86-420, p. 627, §22.)...

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27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Interstate Insurance Product Regulation
Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of joint and
cooperative action among the compacting states: 1. To promote and protect the interest of
consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
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41-10-366
Section 41-10-366 Contracts, etc., do not create obligations of state. All contracts made,
obligations incurred and bonds issued by the authority shall be solely and exclusively obligations
of the authority and shall not create obligations or debts of the state. (Acts 1988, No. 88-475,
p. 739, §17.)...
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22-3A-17
Section 22-3A-17 Obligations, etc., as obligations of authority and not state. All contracts
made, obligations incurred and bonds issued by the authority shall be solely and exclusively
obligations of the authority and shall not create obligations or debts of the state. (Acts
1990, No. 90-598, §17.)...
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41-10-62
Section 41-10-62 Liability upon bonds, debts, agreements, etc., of authority. All debts assumed
or created by the authority and all bonds issued by it shall be solely and exclusively obligations
of the authority and shall not be obligations or debts of the State of Alabama. All contracts
and agreements made by the authority pursuant to the provisions of this article shall be solely
and exclusively obligations of the authority and shall not be obligations of the State of
Alabama. (Acts 1973, No. 1210, p. 2032, §10.)...
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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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41-9-44
Section 41-9-44 Powers of council generally; liability upon debts or obligations incurred by
council. (a) The council is hereby authorized and empowered: (1) To hold public and private
hearings; (2) To enter into contracts, within the limits of funds available therefor, with
individuals, organizations and institutions, for services furthering the educational objectives
of the council's program; (3) To enter into contracts, within the limit of funds available
therefor, with local and regional associations, for cooperative endeavors furthering the educational
objectives of the council's programs; (4) To accept public or private gifts, grants, donations
or bequests of unrestricted funds; (5) To acquire real property by lease or gift but not by
purchase; (6) To renovate, furnish and maintain such real property and to lease or sublease
the same; (7) To allocate and expend funds from all donations, income and revenue from any
source whatsoever coming into the Treasury, for the fulfillment...
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11-92A-16
Section 11-92A-16 Use of bonds, proceeds, etc. (a) The proceeds from the sale of any bonds
shall be applied as provided in the proceedings in which the bonds are authorized to be issued,
including without limitation, the payment of all legal, fiscal, and recording fees and expenses
incurred in connection with the authorization, sale, and issuance of the bonds and, if so
provided in the proceedings authorizing their issuance, interest on said bonds (or if only
a part of any issue of bonds is issued for acquisition purposes, interest on that portion
of the bonds of that issue that is issued to pay acquisition costs) for a reasonable period
prior to and during the time required for the acquisition, construction, and equipping of
the project. An authority may provide in the proceedings authorizing the issuance of bonds
for the funding of a debt service reserve and/or a replacement and extension reserve from
the proceeds of its bonds. (b) All contracts made by an authority and all bonds...
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