Code of Alabama

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45-16A-30.01
Section 45-16A-30.01 Increase to ad valorem tax. (a) The following words and phrases
shall have the following meanings: (1) AMENDMENT NO. 56. That amendment to the Constitution
of Alabama of 1901, as amended, that was proposed by Act No. 383, H. 458, 1945 Session and
now appears as Section 216.04 of the Official Recompilation of the Constitution of
Alabama of 1901, as amended. (2) AMENDMENT NO. 373. That amendment to the Constitution of
Alabama of 1901, as amended, that was proposed by Act No. 6, H. 170, 1978 Second Special Session
and which now appears as Section 217 of the Official Recompilation of the Constitution
of Alabama of 1901, as amended. (3) CITY. Enterprise, Alabama. (4) COUNCIL. The Enterprise
City Council. (b) In compliance with the provisions of subsection (f) of Amendment No. 373,
there is hereby approved the proposal of the City Council of the City of Enterprise in Coffee
County to increase the rate of the ad valorem tax to be levied and collected annually in the
city...
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45-27-246.30
Section 45-27-246.30 Trust fund. (a) The Legislature recognizes that there has been
a certain windfall to Escambia County paid during the fiscal year 1983-84 and arising under
the oil and gas severance tax levied under provisions of Section 40-20-2, and distributed
under Section 40-20-8. The legislative intent of this section is to establish
a trust fund, the corpus of which is to be composed of four million dollars ($4,000,000) from
the oil and gas severance tax paid to Escambia County during the fiscal year of 1983-84 together
with 20 percent of the annual income thereon each year during the existence of this trust
beginning with the fiscal year 1984-85. (b) Subject to any limitation of the Constitution
of Alabama of 1901, or of any general law of this state, the Escambia County Commission shall
establish a trust fund which shall be entitled the Escambia County Oil and Gas Severance Trust
and which shall hereafter in this section be referred to as the trust. The Escambia
County...
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45-37-123.53
Section 45-37-123.53 Conversion of unpaid membership time to paid membership time. (a)
Commission-authorized conversions. The commission, from time to time, may authorize members
of the system to convert unpaid membership time to paid membership time if it determines that
such conversion is in the public interest. Unpaid membership time may be converted to paid
membership time only when specifically authorized by the commission, and as set forth below:
(b) Pension board authorized conversions. The pension board, from time to time, may authorize
members of the system to convert unpaid membership time to paid membership time if it determines
that the conversion is in the best interest of the system. The conversion shall be conducted
as set forth below. (1) ACTUARIAL STUDY AND CALCULATIONS. Before an opportunity to convert
unpaid membership time to paid membership time shall be made available to any members, the
pension board shall cause and the county shall pay for an actuarial...
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45-41-200
Section 45-41-200 License inspector. (a) In Lee County, there is hereby created and
established the office of county license inspector. The county commission shall appoint the
license inspector who shall serve at the pleasure of the appointing authority and under the
supervision of the appointing officials. (b) The salary of the license inspector shall be
in such sum as shall be approved by the county commission and shall be payable in biweekly
installments out of any county funds available. (c) The license inspector shall upon entering
upon the duties of his or her office take the oath of office prescribed in the constitution,
and shall enter into bond, which bond shall be conditioned as other official bonds are conditioned
and be in such penal sum and form as the county commission may prescribe. The bond shall be
approved by and filed with the judge of probate of the county and may be made by any surety
company or companies authorized and qualified to do business in the State of...
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45-41-260.07
Section 45-41-260.07 Election for coverage. Except where jurisdiction has been obtained
by the commission pursuant to Section 45-41-260.02, the master plan and zoning regulations
provided by the commission shall not be applicable in any beat of Lee County until the majority
of the qualified electors of the beat voting in a special election have signified by their
vote that they desire the authority of the commission, its master plan, and the zoning regulations
to apply to their beat. The election must be held not less than 90 days nor more than 120
days after a petition seeking the election is filed in the office of the judge of probate.
The petition shall be signed by at least 15 percent of the electors who reside within the
beat and who own real estate located in the beat. Notice of the election shall be given by
three weeks' publication and posting notice in two public places within the beat. The cost
of the election shall be paid from the General Fund of Lee County. The ballot...
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45-44-260.07
Section 45-44-260.07 Election for coverage. Except where jurisdiction has been obtained
by the planning commission pursuant to Section 45-44-260.02, the master plan and zoning
regulations provided by the planning commission shall not be applicable in any beat of Macon
County until the majority of the qualified electors of the beat voting in a special election
have signified by their vote that they desire the authority of the planning commission, its
master plan, and the zoning regulations to apply in their beat. The election must be held
not less than 30 or more than 45 days after a petition seeking the election is filed in the
office of the judge of probate. The petition shall be signed by at least 25 percent of the
electors who reside within the beat and who own real estate located within the beat. Notice
of the election shall be given by three weeks' publication and posting notice in two public
places within the beat. The cost of the election shall be paid from the general fund of...

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11-54-125
Section 11-54-125 Definitions. As used in this division, the following terms shall have
the following meanings: (1) AUTHORIZING RESOLUTION. A resolution adopted by the directors
and authorizing the execution and delivery of a trust agreement. (2) DIRECTORS. The board
of directors of an industrial development board. (3) ENDOWMENT TRUST FUND or FUND. A trust
fund created by an industrial development board pursuant to this division. (4) FUND MANAGER.
Any individual, partnership, corporation, or other person, including, without limitation,
a trustee bank, employed to manage and invest moneys held in and forming a part of an endowment
trust fund and other contributions to such fund. (5) INDUSTRIAL DEVELOPMENT BOARD or BOARD.
A public corporation now in existence or hereafter organized pursuant to the provisions of
either industrial development board act. (6) INDUSTRIAL DEVELOPMENT BOARD ACT. Act 648, 1949
Regular Session, as amended, and Division 1 and Division 2 of this article, as...
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16-57-1
Section 16-57-1 Board of commissioners; appropriations; bond of treasurer. Appropriations
made to Tuskegee Institute by the Alabama Legislature to be used for the purpose of maintaining
a graduate school in agriculture, a graduate school in home economics and a graduate school
in veterinary medicine, or such other areas as are deemed feasible and wise in accordance
with felt need, shall be paid to the Treasurer of Tuskegee Institute, on warrant of the State
Treasurer, and said Treasurer of Tuskegee Institute shall make a surety bond in the sum of
$25,000.00, payable to the State of Alabama, to insure the safekeeping of such appropriations.
The said bond shall be approved by the Secretary of State and the same shall be filed in his
office. The premium on said bond shall be paid by warrant of the State Treasurer out of the
General Fund. The said appropriation shall be under the control of the Board of Trustees of
Tuskegee Institute, and the same shall be applied in such manner as it...
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2-15-133
Section 2-15-133 Bonds or bond equivalents; financial statements and reports; liability
for payments. (a) No license as required under Section 2-15-132 shall be issued or
renewed until the applicant therefor shall make, execute, and thereafter maintain on file
with the commissioner a bond or a bond equivalent as provided in subsection (f) in favor of
the State of Alabama or a trustee to be approved by the commissioner to secure the performance
of obligations incurred in the State of Alabama and the payment thereof to persons from whom
such dealer purchases livestock. Except as otherwise provided in this subsection, the amount
of each bond shall be not less than the next multiple of two thousand dollars ($2,000) above
the average amount of purchases of livestock purchased either as a dealer or on an agency
basis in Alabama during a period equivalent to two business days based on the total number
of business days and the total amount of such transactions during the preceding 12 months
or...
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41-14A-6
Section 41-14A-6 Establishment of SAFE board of directors; powers and duties of the
board of directors. (a) There is hereby established a Board of Directors of the SAFE Program
charged with responsibility and authority to assess and manage the sufficiency of the collateral
pool and the SAFE Program to provide adequate protection from losses to public depositors.
In exercising its powers and performing its responsibilities, the board of directors shall
constitute a body politic under the laws of the state performing the public function of assuring
the safety of public deposits. (b) The State Treasurer shall be a permanent, standing, voting
member of the board of directors and shall serve as its chair. The Superintendent of Banks
shall be a permanent, standing, non-voting member of the board of directors. The remaining
six members shall each possess knowledge, skill, and experience in one or more of the following
areas: (1) Financial analysis. (2) Trend analysis. (3) Accounting. (4)...
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