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10A-11-1.10
Section 10A-11-1.10 Internal capital accounts. (a) Any employee cooperative may establish through
its governing documents a system of internal capital accounts, to reflect the book value and
to determine the redemption price of membership shares, capital stock, and written notices
of allocation. (b) The governing documents of an employee cooperative may permit the periodic
redemption of written notices of allocation and capital stock, and shall provide for recall
and redemption of the membership share upon termination of membership in the cooperative.
No redemption shall be made if the redemption would result in the liability of any director
or officer of the employee cooperative. (c) The governing documents may provide for the employee
cooperative to pay or credit interest on the balance in each member's internal capital account.
(d) The governing documents may authorize assignment of a portion of retained net earnings
and net losses to a collective reserve account. Earnings assigned...
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11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this chapter,
the following powers and duties necessary to the discharge of its powers and duties in corporate
form: (1) To have succession by its corporate name for the duration of time, which may be
perpetual, subject to the provisions of Section 11-49B-19 specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions and to defend
suits against it. (3) To adopt and make use of a corporate seal and to alter the seal at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether located in one or more
counties or municipalities and whether located within or outside the authorizing county. (6)
To make, enter into, and execute contracts, agreements, leases, and...
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11-5-31
Section 11-5-31 Alabama Coroner's Training Commission. (a) There is created the Alabama Coroner's
Training Commission to be appointed as herein provided. Appointments to the commission shall
be made as follows: (1) The President of the Alabama Coroner's Association shall appoint one
county coroner to serve an initial term of two years. (2) The Attorney General shall appoint
one district attorney to serve for an initial term of one year. (3) The Governor shall appoint
one county coroner to serve for an initial term of three years. (4) The Director of the Alabama
Department of Forensic Sciences shall appoint one person who is either a state medical examiner
or a forensic scientist to serve for an initial term of two years. (5) The Board of Directors
of the Alabama Coroner's Association shall appoint three county coroners to serve for initial
terms of two years each. (b) The membership of the commission shall be inclusive and reflect
the racial, gender, geographic, urban\rural, and...
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16-47-240
Section 16-47-240 Alabama Rural Hospital Resource Center. (a) The University of Alabama at
Birmingham shall establish the Alabama Rural Hospital Resource Center. (b) The purpose of
the resource center is to facilitate access to high quality care for rural Alabamians and
improve their health by increasing the viability and capabilities of eligible hospitals at
no or minimal cost to those hospitals. (c) For the purposes of this section, the following
terms shall have the following meanings: (1) ELIGIBLE HOSPITAL. A nonprofit or public rural
hospital. (2) RESOURCE CENTER. The Rural Hospital Resource Center of the University of Alabama
at Birmingham. (3) RURAL. Located in one of the following: a. An area designated as a shortage
area as defined in 42 C.F.R. ยง 491.5(c) and (d); or b. A rural area as defined by the Federal
Office of Rural Health Policy. (d) The resource center shall do all of the following: (1)
Hire necessary staff that is inclusive and reflects the racial, gender,...
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22-30D-5
Section 22-30D-5 Alabama Drycleaning Environmental Response Trust Fund. (a) There is hereby
created the Alabama Drycleaning Environmental Response Trust Fund, hereinafter referred to
as the "fund." The fund as so created shall be administered and used by the board
as a drycleaning industry self-insurance program for the benefit of those persons electing
to be covered by this chapter within the time(s) specified in accordance with the provision
of this chapter and as a revolving fund for carrying out the purposes of this chapter. To
the fund shall be credited all registration fees collected by the Department of Revenue, which
monies shall be credited to the fund pursuant to this chapter and invested as permitted by
law by the State Treasurer for the benefit of the fund. Charges against the fund shall be
made in accordance with this chapter. Use of the fund and participation in any remedial program
by an adjacent landowner is voluntary. Nothing in this chapter requires participation by...
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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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34-9-41
Section 34-9-41 Officers of board; seal; meetings; compensation; disposition of funds. The
board shall annually elect from its membership a president, vice-president, and secretary-treasurer
and may employ staff members who are not members of the board. The board shall have a common
seal. The board shall hold an annual meeting for the purpose of transacting its business and
examinations, and additional meetings at such times and places as the board may designate.
A majority of the board shall constitute a quorum for the transaction of business at any meeting
except that in conducting hearings involving any of the penalties outlined in Section 34-9-18,
no less than five members of the board shall be present. In conducting hearings involving
any of the penalties outlined in Section 34-9-18, a majority of the board may appoint any
former member of the board who for such purposes shall have all the powers and privileges
of such office as a regular board member possesses. In conducting or...
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9-14A-4
Section 9-14A-4 Alabama State Parks System Improvement Corporation. (a) The Governor, the Lieutenant
Governor or his or her designee, the President Pro Tempore of the Senate or his or her designee,
the Speaker of the House of Representatives or his or her designee, the Commissioner of the
Department of Conservation and Natural Resources of the state, and the Director of Finance
of the state may become a corporation, with the powers and authorities hereinafter provided,
by proceeding according to the provisions of this chapter. To become a corporation, the Governor,
the Lieutenant Governor or his or her designee, the President Pro Tempore of the Senate or
his or her designee, the Speaker of the House of Representatives or his or her designee, the
Commissioner of the Department of Conservation and Natural Resources, 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...
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9-14A-5
Section 9-14A-5 Alabama Public Historical Sites and Parks Improvement Corporation. (a) The
Governor, the Lieutenant Governor or his or her designee, the President Pro Tempore of the
Senate or his or her designee, the Speaker of the House of Representatives or his or her designee,
the Commissioner of the Department of Conservation and Natural Resources, and the Director
of Finance of the state may become a corporation, with the powers and authorities hereinafter
provided, by proceeding according to the provisions of this chapter. To become a corporation,
the Governor, the Lieutenant Governor or his or her designee, the President Pro Tempore of
the Senate or his or her designee, the Speaker of the House of Representatives or his or her
designee, the Commissioner of the Department of Conservation and Natural Resources, 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...
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11-3-45
Section 11-3-45 Board; powers and duties; membership; terms; election of officers; compensation.
(a) The institute shall be under the direction and supervision of the Board of the Alabama
Local Government Training Institute. The board shall have the power and duty to organize,
administer, control, oversee, and advise the institute so that the institute shall be operated
pursuant to this article. (b) The board shall be composed of the following members: (1) One
representative of a four-year institution of higher education in Alabama appointed by the
Alabama Commission on Higher Education. (2) The President of the Association of County Commissions
of Alabama. (3) The Executive Director of the Association of County Commissions of Alabama.
(4) Three members who shall serve at the pleasure of and be appointed by the Board of Directors
of the Association of County Commissions of Alabama. (5) The Chair of the Senate Governmental
Affairs Committee. (6) The Chair of the Local Government...
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