22-21-240
Section 22-21-240 Establishment, administration, etc., of trusts authorized; specification
of terms, conditions and provisions of trusts. There is hereby authorized the establishment,
maintenance, administration and operation of any trust established by agreement of any hospitals
or other health care units licensed as such by the State of Alabama (hereinafter referred
to as "hospitals") or by agreement of any dental practitioners licensed as such
by the State of Alabama (hereinafter referred to as "dentists") as grantors, with
such hospitals and dentists as beneficiaries, for the purpose of insuring against general
public liability claims based upon acts or omissions of such hospitals or dentists, including
without limitation, claims based upon malpractice. Such hospitals or dentists may, by trust
agreement among themselves and a trustee or trustees of their selection, specify the terms,
conditions and provisions of such a trust. (Acts 1977, No. 166, p. 226, §2; Acts 1978, 2nd
Ex....
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26-2A-138
Section 26-2A-138 Who may be appointed conservator; priorities. (a) The court may appoint an
individual or a corporation with general power to serve as trustee or conservator of the estate
of a protected person. The following are entitled to consideration for appointment in the
order listed: (1) A conservator, guardian of property, or other like fiduciary appointed or
recognized by an appropriate court of any other jurisdiction in which the protected person
resides; (2) An individual or corporation nominated by the protected person who is 14 or more
years of age and of sufficient mental capacity to make an intelligent choice; (3) An attorney-in-fact
under a valid durable power of attorney previously executed by the protected person and giving
the attorney-in-fact reasonably broad powers over the property of the protected person; (4)
The spouse of the protected person, or a person nominated by the will of a deceased spouse
to whom the protected person was married at the decedent's death...
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31-2-69
Section 31-2-69 Standards for appointment, removal, etc., of officers of state armed forces;
qualifications of federally recognized National Guard. Officers of the armed forces of the
state, including the Adjutant General, shall be appointed, and shall be subject to suspension,
discharge, removal, or compulsory retirement as such solely on the basis of military proficiency,
character, and service, as determined by Department of Defense regulations and the military
usages sanctioned by the military laws of the United States. The qualifications of personnel
of the federally recognized National Guard shall be as prescribed in pertinent regulations
and policies of the United States Department of Defense. (Acts 1973, No. 1038, p. 1572, §70.)...

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43-8-291
Section 43-8-291 Right to disclaim interest in property. (a) A person, or the representative
of a deceased, incapacitated person, protected person, incompetent or ward, who is an heir,
next of kin, devisee, legatee, grantee, donee, surviving joint tenant, person succeeding to
a disclaimed interest, beneficiary under a testamentary or nontestamentary instrument or contract,
or appointee under a power of appointment exercised by a testamentary or nontestamentary instrument,
or to whom any property or interest therein devolves, by whatever means, may disclaim in whole
or in part the right of succession to any property or interest therein by delivering or filing
a written disclaimer under this article. (b) A surviving joint tenant may disclaim as a separate
interest any property or interest therein devolving to him by right of survivorship. A surviving
joint tenant may disclaim the entire interest in any property or interest therein that is
the subject of a joint tenancy devolving to him,...
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38-1-3
Section 38-1-3 Legal representative for handling public assistance payments of incompetents.
If any otherwise qualified applicant for or recipient of public assistance appears to be incapable,
physically or mentally, or both, of managing his public assistance payments, and has no legal
guardian, he, his spouse, father, mother, child, brother or sister, with the consent of the
Department of Human Resources, or the Department of Human Resources may petition the probate
judge for the appointment of a legal representative to handle his public assistance payments
only. The petition shall be accompanied by a certificate in writing of a physician which certificate
shall state that the physician upon examination believes the applicant or recipient to be
physically or mentally, or both, incapable of managing his public assistance payments. The
probate judge shall conduct a hearing for the purpose of appointing a competent person as
legal representative after notice of at least 10 days in...
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10A-9A-8.03
Section 10A-9A-8.03 Right to wind up activities and affairs. (a) If a dissolved limited partnership
has a general partner or general partners that have not dissociated, that general partner
or those general partners shall wind up the activities and affairs of the limited partnership
and shall have the powers set forth in Section 10A-9A-8.04. (b) If a dissolved limited partnership
does not have a general partner, a person or persons to wind up the dissolved limited partnership's
activities and affairs may be appointed by the consent of a majority of the limited partners.
(c) The designated court, and if none, the circuit court for the county in which the limited
partnership's principal office within this state is located, and if the limited partnership
does not have a principal office within this state then the circuit court for the county in
which the limited partnership's most recent registered office is located, may order judicial
supervision of the winding up of a dissolved limited...
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24-1-74
Section 24-1-74 Mortgages of authority property in connection with government financed projects.
In connection with any project financed in whole or in part by a government, the authority
shall also have power to mortgage all or any part of its property, real or personal, then
owned or thereafter acquired, and thereby: (1) To vest in a government the right, upon the
happening of an event of default, as defined in such mortgage, to foreclose such mortgage
through judicial proceedings or through the exercise of a power of sale without judicial proceedings,
so long as a government shall be the holder of any of the bonds secured by such mortgage.
(2) To vest in a trustee or trustees the right, upon the happening of an event of default,
as defined in such mortgage, to foreclose such mortgage through judicial proceedings or through
the exercise of a power of sale without judicial proceedings, but only with the consent of
the government which aided in financing the housing project involved....
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27-15-26
Section 27-15-26 Power of life insurer to hold proceeds of policy. Any life insurer shall have
the power to hold under agreement the proceeds of any policy issued by it upon such terms
and restrictions as to revocation by the policyholder and control by beneficiaries and with
such exemptions from the claims of creditors of beneficiaries other than the policyholder
as set forth in the policy or as agreed to in writing by the insurer and the policyholder.
Upon maturity of a policy, in the event the policyholder has made no such agreement, the insurer
shall have the power to hold the proceeds of the policy under an agreement with the beneficiaries.
The insurer shall not be required to segregate the funds so held but may hold them as part
of its general assets. (Acts 1971, No. 407, p. 707, §371.)...
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33-2-63
Section 33-2-63 Authority to acquire, construct, maintain, etc., new facilities; completion
of facilities acquired under 1957 and 1959 acts; plans and survey; approval of Governor; permit
or consent from federal authorities. The state, acting through the department, shall, in engaging
in the works of internal improvement authorized by this article, have the power to acquire,
purchase, install, lease, construct, own, hold, maintain, equip, control and operate along
navigable rivers, streams or waterways now or hereafter existing within the state, and at
river ports or landings along such navigable rivers, streams or waterways, dock facilities
of all kinds, in aid of commerce and use of navigable waterways of the state, to the fullest
extent practicable and to such extent as the department shall deem desirable or proper. The
authority herein granted shall include the completion of any dock facilities originally acquired
under the provisions of the 1957 Docks Act, or the 1959 Docks Act;...
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33-2-93
Section 33-2-93 Authority to acquire, construct, maintain, etc., new facilities; completion
of facilities acquired under earlier acts; plans and survey; approval of Governor; permit
or consent from federal authorities. The state, acting through the department, shall, in engaging
in the works of internal improvement authorized by this article, have the power to acquire,
purchase, install, lease, construct, own, hold, maintain, equip, control and operate along
navigable rivers, streams or waterways now or hereafter existing within the state, and at
river ports or landings along such navigable rivers, streams or waterways, dock facilities
of all kinds, in aid of commerce and use of navigable waterways of the state, to the fullest
extent practicable and to such extent as the department shall deem desirable or proper. The
authority herein granted shall include the completion of any dock facilities originally acquired
under the provisions of the 1957 Docks Act, or the 1959 Docks Act, or the...
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