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23-7-8
Section 23-7-8 Loans and financial assistance; eligible and qualified projects. (a) The bank
may provide loans and other financial assistance to a government unit to pay for all or part
of the eligible cost of a qualified project. The term of the loan or other financial assistance
must not exceed the useful life of the project. The bank may require the government unit to
enter into a financing agreement in connection with its loan obligation or other financial
assistance. The board shall determine the form and content of loan applications, financing
agreements, and loan obligations including the term and rate or rates of interest on a financing
agreement. The terms and conditions of a loan or other financial assistance from the federal
highway account shall comply with applicable federal requirements. (b) The board shall determine
which projects are eligible projects and then select from among the eligible projects those
qualified to receive from the bank a loan or other financial...
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40-14A-26
Section 40-14A-26 Remittance and disposition of tax. The tax levied by this article shall be
due at the same time the return is due. Remittance of the tax levied by this article shall
be made to the department at Montgomery, Alabama, for deposit to the State Treasurer of Alabama.
In addition to all other appropriations heretofore or hereinafter made, there is hereby appropriated
to the department for the fiscal year ending September 30, 2000, such amount as is reasonably
required to offset its conversion costs as a first charge against the revenues from the tax
levied by this article. The department and the Secretary of State shall each promulgate a
regulation listing those persons who are authorized to execute the privilege tax return and
the extension request, and the annual report, respectively, which shall permit the taxpayer's
return preparer to execute any of those forms on behalf of the taxpayer. For all subsequent
years, there shall be appropriated to the department as a first...
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11-43-122
Section 11-43-122 Public depositories; liability for loss. The council may direct, by ordinance
or resolution, one or more qualified public depositories pursuant to Chapter 14A of Title
41 where the treasurer shall deposit public money and may require interest to be paid thereon
and security to be given by the depository, but, as to deposits made under the authority of
an ordinance of the council, neither the treasurer nor his bondsmen if the treasurer has exercised
due care shall be further liable for any loss occasioned thereby. (Code 1907, §1206; Code
1923, §1922; Code 1940, T. 37, §448; Act 2000-748, p. 1669, §2.)...
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5-25-12
Section 5-25-12 Disclosure by licensee; prohibited activities. (a) Licensees shall: (1) Prior
to the collection of a mortgage broker fee from a borrower, disclose to the borrower in writing
the nature of the mortgage broker's relationship to the borrower and the method by which the
mortgage broker will be compensated for services. (2) Comply with applicable federal and state
laws, rules, and regulations. (b) Licensees shall not: (1) Intentionally misrepresent or conceal
a material fact, term, or condition of the transaction to which he or she is a party, pertinent
to an application for a mortgage loan or a borrower. (2) Fail to use due diligence and make
reasonable efforts to procure a mortgage loan on behalf of the borrower. (3) Fail to disburse
funds in accordance with a written commitment to make a mortgage loan. (4) Delay closing of
a mortgage loan for the purpose of increasing interest rate, costs, fees, or other charges
payable by the borrower. (5) Collect any mortgage broker...
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11-81-181
Section 11-81-181 Pledge of revenues from systems for payment of principal and interest on
bonds; disposition of gross revenues from operation of system generally. (a) In the authorizing
proceedings the borrower shall pledge for payment of the principal and interest on bonds issued
under this article the revenues derived from operation of a system or systems of the borrower
out of which such bonds are made payable; provided, that the borrower may reserve the privilege
of using for any lawful purpose surplus revenues from such system or systems remaining after
compliance with the provisions of this section and any additional requirements contained,
as provided for in this article, in the authorizing proceedings or in a trust indenture. (b)
In the authorizing proceedings or in a trust indenture provided for therein, the borrower
shall agree to deposit the gross revenues from such system or systems daily, as received by
the borrower, into a "gross revenue account" and to apply the gross...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-181.htm - 3K - Match Info - Similar pages
34-21-96
Section 34-21-96 Awarding of loans and terms of repayment. (a)(1) The board shall establish
and award, according to the judgment of the board, loans to provide for the training of qualified
applicants for admission or students in accredited nursing education programs approved by
the board who are pursuing, or have completed within the five years immediately preceding
the current loan term, a graduate degree to become a certified registered nurse practitioner
(CRNP), a certified nurse midwife (CNM), or a certified registered nurse anesthetist (CRNA),
but only for people who have signed contracts as provided in subsection (b). The board may
permit eligible people to apply for a loan under the Alabama Loan-Repayment Program for Advanced-Practice
Nursing in any scholastic year and for any previously completed scholastic year. (2) The board
may award to an eligible person, for as many as three years for a person pursuing or holding
an eligible master's degree and as many as four years for a...
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11-10-2
Section 11-10-2 Amount of loans; interest, maturity, renewal, etc.; disposition of proceeds.
Such loans shall not be in an amount greater than $400,000.00 per year and may bear interest
not to exceed 12 percent per annum. All such loans shall mature not later than February 1
of the year following that in which the loan is made and may be renewed only upon payment
of all interest then due, together with not less than 10 percent of the principal then outstanding.
No proceeds from any loans made under the provisions of this chapter shall be used for any
purpose other than that for which the general funds of the county may now be used. (Acts 1915,
No. 53, p. 105; Code 1923, §240; Acts 1932, Ex. Sess., No. 168, p. 196; Acts 1935, No. 379,
p. 803; Code 1940, T. 12, §125; Acts 1959, No. 512, p. 1263; Acts 1975, No. 1046, p. 2102,
§1; Acts 1980, No. 80-808, p. 1663; Acts 1982, 2nd Ex Sess., No. 82-756, p. 229.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-10-2.htm - 1K - Match Info - Similar pages
27-3-14
Section 27-3-14 Deposit requirements - Alien insurers - Generally. (a) An alien insurer shall
not have authority to transact insurance in this state unless it has and maintains within
the United States as deposits with trustees, public depositaries or in trust institutions
approved by the commissioner under Section 27-3-15 assets available for discharge of its United
States insurance obligations, which assets shall be in amount not less than the outstanding
liabilities of the insurer arising out of its insurance transactions in the United States
together with the greater of the following sums: (1) The largest deposit required by Section
27-3-11 to be made by foreign insurers transacting like kinds of insurance; or (2) $300,000.00.
(b) Of the amount deposited by an alien insurer, an amount not less than that required under
subdivisions (a)(1) or (a)(2) of this section shall be deposited and maintained on deposit
in cash or securities eligible for deposit under Section 27-6-3 with the...
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34-21A-5
Section 34-21A-5 Officers, executive director, and administration of the board. (a) At its
annual organizational meeting, the board shall elect from its members a chair, vice-chair,
and a secretary/treasurer for a one-year term of office. No board member shall serve more
than three consecutive one-year terms in any one office. The chair shall exercise general
supervision of the board's affairs, preside at all meetings, appoint committees, and perform
all duties pertaining to the office. The vice-chair, in the absence of the chair, shall perform
the duties of the chair. The secretary/treasurer shall perform duties as designated by the
board. (b) The board shall select and employ an executive director who shall serve at the
pleasure of the board and who shall be responsible for the administration of board policies.
The executive director shall be responsible for employing and supervising other support personnel
as directed by the board. The executive director shall be designated as the...
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40-14A-36
Section 40-14A-36 (Repealed for taxable years beginning on or after January 1, 2002.) Remittance
and disposition of tax. The tax levied by this article shall be due at the same time the return
is due. Remittance of the shares tax required by the above sections shall be made to the department
at Montgomery, Alabama, for deposit to the State Treasurer of Alabama. In addition to all
other appropriations heretofore or hereinafter made, there is hereby appropriated to the department
for the fiscal year ending September 30, 2000, such amount as is reasonably required to offset
its conversion costs as a first charge against the revenues from the tax levied by this article.
For all subsequent years, there shall be appropriated to the department as a first charge
against the revenues from the tax levied by this article an amount that will offset its actual
costs in the administration and regulation of this tax. The balance of the shares tax collected
shall be distributed each fiscal year to the...
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