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5-24-1
Section 5-24-1 Definitions. In this chapter: (1) ACCOUNT means a contract of deposit between
a depositor and a financial institution, and includes a checking account, savings account,
time deposit, certificate of deposit, and share account. (2) AGENT means a person authorized
to make account transactions for a party. (3) BENEFICIARY means a person named as one to whom
sums on deposit in an account are payable on request after death of all parties or for whom
a party is named as trustee. (4) DEVISEE means any person designated in a will to receive
a testamentary disposition of real or personal property. (5) FINANCIAL INSTITUTION means an
organization authorized to do business under state or federal laws relating to financial institutions,
and includes a bank, trust company, savings bank, building and loan association, savings and
loan company or association, and credit union. (6) HEIRS means those persons, including surviving
spouse, who are entitled under the statutes of intestate...
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6-10-95
Section 6-10-95 Reduced homestead incapable of allotment - Sale - When allowed. The homestead
of a decedent may be sold by order of the court having jurisdiction of the estate, on petition
of executor or administrator, when the same, after being reduced to its lowest area, exceeds
$6,000 in value and when it is necessary that the same be sold for the payment of debts because
the remainder of the estate is insufficient to pay all debts and claims against the estate
and the surviving spouse or minor children fail to pay the deficiency within 30 days after
notice of said petition. (Code 1923, §5850; Code 1940, T. 7, §686; Acts 1951, No. 911, p.
1558, §1.)...
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11-51-56
Section 11-51-56 Charging against tax collector of insolvent municipal taxes and taxes in litigation.
Upon the allowance and credit to the county tax collector of insolvent taxes and taxes in
litigation, the county commission shall in behalf of such municipalities state a new account
against the tax collector for the amounts of insolvent municipal taxes and municipal taxes
in litigation in the same manner and way as is provided in regard to insolvent county taxes
and county taxes in litigation under the provisions of law in regard to state and county officers,
and the collector shall remain charged with such sum until the liability is discharged under
the provision of the law. (Acts 1931, No. 300, p. 337; Acts 1939, No. 57, p. 67; Code 1940,
T. 37, §713.)...
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31-8-24
Section 31-8-24 Disposition of pension after death of pensioner. Should a widow who is a pensioner
under this chapter die leaving a minor child or children, a warrant equal to the total amount
of the next three monthly payments succeeding the death of the pensioner shall be issued and
delivered, as other pension warrants are issued and delivered, to the minor child or children
of such pensioner, and should there be no minor child of such deceased pensioner, the county
department of human resources shall endorse such fact on the pension warrant and collect the
same and apply the proceeds, first, to the payment of the burial expenses, and, second, to
the expenses of the last illness of the pensioner. Any unexpended balance remaining shall
be returned to the Treasury to the credit of the fund against which the warrant was drawn.
(Code 1907, §2026; Acts 1919, No. 409, p. 535; Code 1923, §2969; Acts 1939, No. 483, p.
684; Code 1940, T. 60, §35; Acts 1943, No. 12, p. 9.)...
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40-5-26
Section 40-5-26 New accounts of insolvent taxes and taxes in litigation stated with collector.
Upon the allowance and credit to the tax collector of insolvent taxes and taxes in litigation,
as provided in Sections 40-5-24 and 40-5-25, the county commission shall, on behalf of the
county, state a new account against the collector for the amounts of insolvent county taxes
and county taxes in litigation so allowed and credited; and, upon allowance by the Comptroller
of the credits for insolvent state taxes and state taxes in litigation, as provided in Section
40-5-25, a new account must be stated by the Comptroller against the collector for the amounts
of insolvent state taxes and the amounts of state taxes in litigation so allowed and credited;
and the collector shall remain charged with such sums until the liability is discharged, as
hereinafter provided. (Acts 1935, No. 194, p. 256; Code 1940, T. 51, §212.)...
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45-49A-63.84
Section 45-49A-63.84 Direct rollover of certain distributions. (a) Notwithstanding any provision
of the plan to the contrary that would otherwise limit a distributee's election under this
subpart, a distributee may elect, at the time and in the manner prescribed by the board, to
have any portion of an eligible rollover distribution paid directly to an eligible retirement
plan specified by the distributee in a direct rollover. (b) The following definitions apply
to the terms used in this section. (1) An eligible rollover distribution is any distribution
of all or any portion of the balance to the credit of the distributee, except that an eligible
rollover distribution does not include any distribution that is one of a series of substantially
equal periodic payments, not less frequently than annually, made for the life, or life expectancy,
of the distributee or the joint lives, or joint life expectancies, of the distributee and
the distributee's designated beneficiary, or for a specified...
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2-9-7
Section 2-9-7 Withdrawals and expenditures to be pursuant to budget and allotment; unappropriated
or unexpended funds. The withdrawal or expenditure of any funds in the State Treasury to the
credit of the Agricultural Fund for the payment of salaries, expenses, equipment, operational
costs or maintenance or for any reason whatsoever shall be pursuant to budget and allotment
as is provided in Article 4 of Chapter 4 of Title 41 of this Code, and limited to the amounts
provided therefor by the Legislature in the general appropriation bill; provided, that the
provisions of this sentence shall not affect in any manner or to any extent the appropriations
for payment of rentals made in Sections 2-6-50 through 2-6-54. Any unappropriated funds remaining
in the Agricultural Fund or any unexpended funds remaining in the appropriation to the Department
of Agriculture and Industries by the Legislature at the end of each fiscal year shall be carried
in the State Treasury in the Agricultural Fund....
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38-14-1
Section 38-14-1 Definitions. As used in this chapter, the following terms shall have the following
meanings: (1) DEPARTMENT. The Department of Human Resources. (2) ELIGIBLE INDIVIDUAL or FAMILY
MEMBER. A person whose household income is equal to or less than 80 percent of the median
household income for the state or less than 200 percent of the federal poverty guidelines,
whichever is greater. (3) EMERGENCY. Payments for necessary medical expenses of the account
owner or family member, expenses to avoid the eviction of the account owner from the account
owner's primary residence, and for necessary living expenses following a loss of income (4)
FIDUCIARY ORGANIZATION. Any nonprofit, fund-raising organization that is exempt from taxation
under Section 501(c)(3) of the Internal Revenue Code, as amended; any certified community
development financial institution; any credit union chartered under federal or state law;
or any Indian tribe as defined in Section 4(12) of the Native American...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-14-1.htm - 3K - Match Info - Similar pages
41-10-758
Section 41-10-758 Creation of special fund. For the benefit of the State of Alabama and the
citizens thereof, there is hereby created a special fund named the BP Settlement Fund which
shall be funded with BP settlement revenues and administered in accordance with this article.
All BP settlement revenues received after September 30, 2017, shall be deposited in the special
fund upon receipt and shall be used first to pay principal, interest, and premium, if any,
and any other amounts due on or with respect to the bonds of the authority. Any BP settlement
revenues determined by the directors of the authority to be in excess of the amounts needed
for the payment of all amounts due with respect to the bonds, may be withdrawn from the special
fund and used to pay costs and expenses incident to the issuance of the bonds, including costs
and expenses incurred by the Department of Finance in the administration of the bonds, may
be transferred to and deposited in the Alabama Trust Fund or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-758.htm - 1K - Match Info - Similar pages
41-9-270
Section 41-9-270 LaGrange Historical Commission. (a) A board of trustees, to be known as LaGrange
Historical Commission, is hereby authorized to be appointed by the Governor for the purpose
of acquiring, maintaining and protecting certain properties and objects of historical interest
at LaGrange, in Colbert County, the site of the first chartered college in Alabama. Said board
shall be composed of three members, and the first appointees shall be appointed to serve for
terms of two, four and six years, respectively, and subsequent appointees shall serve for
terms of four years. Such trustees shall serve without compensation other than payment of
a per diem allowance and travel expenses in attending meetings of the board or in performing
any actual service under the direction of the board, such expenses to be paid in accordance
with Article 2 of Chapter 7 of Title 36 of this code. Such expenses shall be payable out of
the appropriation made by subsection (c) of this section, upon warrant...
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