Code of Alabama

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5-2A-7
Section 5-2A-7 Superintendent - Expansion of banking powers; rules and regulations. (a) The
Legislature finds as fact and determines that the financial industry composed of those banks
and savings and loan associations having their principal place of business in Alabama must
keep pace with technological and other improvements constantly being made throughout the United
States so as to enable Alabama banks and savings and loan associations to render better and
more efficient services to the citizens of Alabama. It is necessary and desirable that the
superintendent be given additional authority in these fields. (b) The superintendent is hereby
authorized to expand banking powers of Alabama banks or the powers of Alabama savings and
loan associations in order to: (1) Accommodate or take advantage of changing technologies;
and (2) Assure the ability of Alabama banks and Alabama savings and loan associations to be
responsive in their respective businesses to the needs and conveniences...
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11-92B-2
Section 11-92B-2 Legislative findings. The Legislature makes the following findings: (1) That
the economic development of property comprising a former military installation is of vital
importance to the life, health, and welfare of the citizens of local cities and counties affected
by the base closure and the state. (2) That it is desirable to allow for the establishment
of local reuse authorities capable of managing and promoting the reuse and economic development
of military installations after the closure of the military installations. (3) That an Alabama
court has ruled that a city and county lack legislative authority to join in any entity for
the purposes provided for in this chapter. The Legislature finds that the purpose of this
chapter is to provide such authority. (4) That in consideration of the critical need for valid
and fully authorized public entities, with community involvement and notice, to develop closed
military installations, and perform environmental restoration...
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23-6-1
Section 23-6-1 Definitions. Where used in this chapter the following words and terms shall
be given the following respective meanings unless the context hereof clearly indicates otherwise:
(1) BOARD OF DIRECTORS. The board of directors of the corporation. (2) CODE. The Code of Alabama
1975, as amended. (3) CORPORATION. The public corporation authorized to be created by this
chapter. (4) GOVERNMENT SECURITIES. Any bonds or other obligations which as to principal and
interest constitute direct obligations of, or are unconditionally guaranteed by, the United
States of America, including obligations of any federal agency to the extent such obligations
are unconditionally guaranteed by the United States of America and any certificates or any
other evidences of an ownership interest in such obligations of, or unconditionally guaranteed
by, the United States of America or in specified portions thereof (which may consist of the
principal thereof or the interest thereon). (5) INDUSTRIAL ACCESS...
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33-17-2
Section 33-17-2 Legislative intent; construction of chapter. The Legislature hereby makes the
findings of facts and declaration of intent hereinafter set forth in this section. The construction
of a navigable waterway between Demopolis, Alabama and the Tennessee River, utilizing the
channel of the Tombigbee River, would provide a new transportation route of great importance
and would stimulate the development of commerce, agriculture and industry in many sections
of the state. Local flooding along the tributary streams of the Tombigbee River occurs frequently
in the growing and harvesting season and causes considerable damage to agriculture in the
affected sections of the state. Improvements in the channels of the tributary streams will
eliminate much of the damage caused by flooding and will also permit improved farming practices
and better land use. It is the intention of the Legislature by the passage of this chapter
to implement the provisions of Amendment No. 270 of the...
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40-9B-4
Section 40-9B-4 Authorization of abatement. (a) Noneducational ad valorem taxes, construction
related transaction taxes, except those local construction related transaction taxes levied
for educational purposes or for capital improvements for education, and mortgage and recording
taxes, or payments required to be made in lieu thereof, and in the case of a qualifying industrial
or research enterprise described in Section 40-9B-3(a)(10)e. which is owned by an entity organized
under Chapter 6 of Title 37, or by an authority both organized and existing pursuant to Chapter
50A of Title 11, and subject to the payments required to be made in lieu of ad valorem, sales,
use, license, and severance taxes imposed by Section 11-50A-7, in addition to the foregoing,
all other ad valorem taxes, or payments required to be made in lieu thereof, imposed by the
state, counties, municipalities, and other taxing jurisdictions of Alabama, may be abated
with respect to private use industrial property and...
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41-10-23
Section 41-10-23 Filing of application for incorporation with Secretary of State; contents
and execution thereof; filing and recordation of application by Secretary of State. (a) To
become the public corporation authorized by this article, the Secretary of the Alabama Department
of Commerce, the Commissioner of Revenue and the Director of Finance shall present to the
Secretary of State of Alabama an application signed by them which shall set forth: (1) The
name, official designation and official residence of each of the applicants, together with
a certified copy of the commission evidencing each applicant's right to office; (2) The date
on which each applicant was inducted into office and the term of office of each applicant;
(3) The name of the proposed public corporation, which shall be the State Industrial Development
Authority; and (4) The location of the principal office of the proposed corporation. The applicants
may also include in the said application any other matters which...
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41-10-260
Section 41-10-260 Definitions. The following terms, wherever used in this article, shall have
the following respective meanings unless the context clearly indicates otherwise: (1) AUTHORITY.
The public corporation organized pursuant to the provisions of this article. (2) BOARD OF
DIRECTORS. The board of directors of the authority. (3) BONDS. When used with reference to
debt instruments issued by the authority, means bonds, notes and other forms of indebtedness.
(4) BUILDING COMMISSION. The Building Commission created by Act No. 128 adopted at the 1945
Regular Session of the Legislature of the state, and any successor agency thereto. (5) CHIEF
JUSTICE. The Chief Justice of the Supreme Court of the State of Alabama. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are...
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41-10-391
Section 41-10-391 Legislative findings of fact and declaration of intent; construction of article.
The Legislature hereby makes the following findings of fact and declares its intent to be:
Supercomputer technology is expected to have a significant impact on the research capabilities
of research institutions, governmental agencies and private industries. The police power of
the state authorizes the state to promote the prosperity and general welfare of its citizens.
The development of supercomputer technology will greatly enhance research capabilities of
the state's major research institutions and governmental agencies, and will attract industry
to the state. For these reasons, it is the intent of the Legislature by the passage of this
article to exercise its police power to authorize the incorporation by the Governor, the Director
of Finance, the Secretary of the Alabama Department of Commerce, the Lieutenant Governor and
the Speaker of the House, of a public corporation for the...
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41-10-672
Section 41-10-672 Definitions. When used in this division, the following terms shall have the
following meanings unless the context clearly indicates otherwise: (1) ANCILLARY COSTS shall
mean the costs incurred in acquiring and constructing public improvements that benefit all
or any part of the projects including, without limitation, (i) improvements to streets, roads,
and bridges, (ii) improvements to water and sewer systems, gas and electric systems, and other
utilities providing services to any part of the projects, (iii) improvements to the police,
fire, and emergency rescue services provided to the companies by local governmental entities,
and (iv) improvements to transportation systems benefiting the companies, such as railroad
spur and switching facilities. (2) AUTHORITY shall mean the Alabama 21st Century Authority,
which is provided for pursuant to the Enabling Act. (3) BOEING shall mean the Boeing Company,
a corporation, or any affiliate thereof. (4) BONDS shall mean the...
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12-2-19
Section 12-2-19 Promulgation, filing and publication of rules; construction and interpretation
of rules. (a) Since the Supreme Court now has the initial primary duty to make and promulgate
rules governing practice and procedure in all courts, as well as rules of administration for
all courts, all such rules made and promulgated by the Supreme Court shall be filed in the
office of the Clerk of the Supreme Court and published in the official report of decisions.
The Clerk of the Supreme Court shall certify to the Secretary of State all such rules. The
Secretary of State shall cause the rules to be published in any code of the laws of Alabama
whenever the codes are published or in pocket supplements to codes. (b) In connection with
its duty to make and promulgate such rules, the Legislature finds that it is within the scope
of such authority for the Supreme Court to make rules of administration pertaining to the
collection, use, protection and disclosure of information, statistics and...
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