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37-10A-5
Section 37-10A-5 Determination of needs; financial assistance. The department shall establish
a program under this chapter whereby the department will determine if a shortline railroad
has a need for the rehabilitation of any railroad bed, bridge, track, building, other railroad
facility, or other infrastructure improvement of any description on any shortline railroad
in Alabama. The department will determine which shortline railroads have needs, the amount
of the needs, and the priority of the needs when compared to the needs of other shortline
railroads in the state. Upon determination by the department of a need as provided herein,
the department is authorized to provide financial assistance to the grantee in the form of
grants and or no-cost loans. The department may contract with the grantee, any local government
for the grantee, or shortline railroad to participate in the grant as may be appropriate under
the circumstances, based upon the need and the ability of the grantee, the...
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45-37-140.13
Section 45-37-140.13 Annexation; referendum; hearing; reestablishment of boundaries. (a) Whenever
any municipal corporation in Jefferson County annexes any portion of a district and a petition
is filed with the clerk of the municipality requesting annexation of the remaining portion
of the district, the petition containing the following: (1) signatures of 20 percent of the
qualified electors residing within the district or signatures of 200 qualified electors, whichever
is less, and (2) a written statement signed by at least two members of the board of trustees
of the district reciting that those signing the petition constitute either 10 percent of the
qualified electors residing within the district or 100 qualified electors residing within
the district, whichever is applicable, and (3) a description of the district; then the governing
body of such municipal corporation shall provide for and finance the cost of a referendum
election wherein the remaining qualified voter residents of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-140.13.htm - 12K - Match Info - Similar pages
16-17A-10
Section 16-17A-10 Indebtedness. (a) An authority from time to time may borrow money or incur
indebtedness and issue bonds, notes, or other evidence of indebtedness in such principal amounts
as the board determines by resolution to be necessary, desirable, and in the best interests
of the authority in order to provide funds to carry out its corporate powers. Indebtedness
may be incurred for any lawful purpose of the authority, including, without limitation, any
of the following: (1) Indebtedness to finance the acquisition or construction of health care
facilities. (2) Indebtedness to provide working capital or funds for operating expenses. (3)
Indebtedness to refund, extend, refinance, or restructure any indebtedness of the authority
or any indebtedness assumed or guaranteed by the authority. (b) Indebtedness may be any of
the following or any combination thereof: (1) A general obligation of the authority to the
payment of which its full faith and credit is pledged. (2) Payable solely...
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34-27-55
Section 34-27-55 Acts constituting violation of article - Failure to refund all payments; failure
to place all funds in escrow account. It shall be a violation of this article for a seller
of vacation time-sharing plans to: (1) Fail to refund any and all payments made by the buyer
under the contract and return any negotiable instrument, other than checks, executed by the
buyer in connection with the contract or services within 20 days after receipt of notice of
cancellation made pursuant to Section 34-27-53, if the buyer has not received any benefits
pursuant to the contract. (2) If the buyer has received any benefits pursuant to the contract,
fail to refund within 30 days after receipt of notification of cancellation made pursuant
to Section 34-27-53 or Section 34-27-54 any and all payments made by the buyer to the seller
which exceed a pro rata portion of the total price, taking into consideration the cost of
use of the time-share facilities at an average rental rate per unit for all...
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36-25A-7
or lease real property shall be disclosed in the public portion of a meeting prior to the execution
of the contract. If an executive session is utilized pursuant to this exception in addition
to the members of the governmental body, only persons representing the interests of the governmental
body in the transaction may be present during the executive session. This real property discussion
exception shall not apply if: a. Any member of the governmental body involved in the transaction
has a personal interest in the transaction and attends or participates in the executive
session concerning the real property. b. A condemnation action has been filed to acquire the
real property involved in the discussion. (7) To discuss preliminary negotiations involving
matters of trade or commerce in which the governmental body is in competition with private
individuals or entities or other governmental bodies in Alabama or in other states or foreign
nations or to discuss matters or information of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-25A-7.htm - 8K - Match Info - Similar pages
45-37A-250
Section 45-37A-250 Authorization to annex remaining portion of Virginia Mines Fire District.
(a) The Legislature finds that the City of Hueytown has annexed a substantial portion of the
Virginia Volunteer Fire District and desires to annex the remaining portion of the district
pursuant to the procedures established in this section. (b)(1) The City of Hueytown may annex
the remaining unincorporated portion of the Virginia Volunteer Fire District, upon the filing
of a petition with the clerk of the municipality requesting the annexation. The petition filed
with the clerk of the municipality shall contain all of the following: a. Signatures of 10
percent of the qualified electors residing within the district or signatures of 100 qualified
electors, whichever is less. b. A written statement signed by at least two members of the
board of trustees of the district reciting that those signing the petition constitute either
10 percent of the qualified electors residing within the district or...
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16-44A-31
recommendations to the board of trustees. (d) The Citizenship Trust shall be domiciled in Shelby
County, Alabama, and shall be constituted as a public not-for-profit educational corporation
upon the filing of these articles with the Secretary of State. It is the intent that the Citizenship
Trust shall be qualified as a Section 501(c)(3) organization under the Internal Revenue Code
and regulations of the United States, and that none of the net proceeds of the trust shall
ever inure to the personal, private benefit of an individual. (e) The Citizenship Trust
shall be governed by a board of directors, designated the board of trustees (herein called
the "board"), and elected in accordance with bylaws of the Trust. There shall be
a chair, vice chair, secretary, and other officers as determined by the bylaws. The board
membership shall be diverse and broadly representative, and at least one fourth of its members
shall be Black. (f) The board shall adopt and revise its bylaws consistent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-44A-31.htm - 4K - Match Info - Similar pages
19-3B-508
Section 19-3B-508 Qualified trusts under the Internal Revenue Code. (a) As used in this section:
(1) ASSIGNMENT or ALIENATION, and any conjugation thereof, includes any anticipation, assignment
at law or in equity, alienation, attachment, garnishment, levy, execution, or other legal
or equitable process. The term includes: (i) any arrangement providing for the payment to
the employer or other sponsor of such plan of benefits that otherwise would be due the participant
under the plan; (ii) any direct or indirect arrangement, whether revocable or irrevocable,
whereby any person acquires from a participant or beneficiary of such plan a right or interest
enforceable against the plan in, or to, all or any part of a plan benefit which is, or may
become, payable to the participant or beneficiary; (iii) any attachment, execution, seizure,
or the like, or under any form of legal process whatsoever; and (iv) the operation of any
bankruptcy or insolvency laws under 11 U.S.C. ยง 522(b) as from...
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22-6-150
Section 22-6-150 Definitions. For the purposes of this article, the following words shall have
the following meanings: (1) ALTERNATE CARE PROVIDER. A contractor, other than a regional care
organization, that agrees to provide a comprehensive package of Medicaid benefits to Medicaid
beneficiaries in a defined region of the state pursuant to a risk contract. (2) CAPITATION
PAYMENT. A payment the state Medicaid Agency makes periodically to a contractor on behalf
of each recipient enrolled under a contract for the provision of medical services. (3) CARE
DELIVERY SYSTEM. The manner in which the benefits and services set forth in the state Medicaid
plan are provided to Medicaid beneficiaries. (4) COLLABORATOR. A private health carrier, third
party purchaser, provider, health care center, health care facility, state and local governmental
entity, or other public payers, corporations, individuals, and consumers who are expecting
to collectively cooperate, negotiate, or contract with another...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-6-150.htm - 2K - Match Info - Similar pages
24-11-6
Section 24-11-6 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR SESSION,
EFFECTIVE MARCH 28, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Responsibilities of
Financial Institutions. (a) A financial institution shall be required to do the following:
(1) Create a new account for the first-time and second chance home buyer and designate the
account as a "first-time and second chance home buyer's savings account" on records
and transactional statements related to the account. (2) Provide the account holder with a
detailed account statement relating to the first-time and second chance home buyer's savings
account on a yearly basis. (b) A financial institution shall not be required to do any of
the following: (1) Track the use of money withdrawn from a first-time and second chance home
buyer savings account. (2) Allocate funds in a first-time and second chance home buyer savings
account between joint account holders. (3) Report any information not otherwise...
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