5-5A-44
Section 5-5A-44 Acquisition of majority of voting shares of a bank; procedure. (a) No person,
acting directly or indirectly or through or in concert with one or more persons, may acquire
control of a state bank or of any corporation or other entity having control of a state bank,
unless an application is filed with the superintendent for review of the proposed transaction
and for his or her action, if any, as provided in this section. (b) The application shall
be on a form prescribed by the superintendent and shall be made under oath. The application
must contain all information that the superintendent by regulation requires to be furnished
in an application, as well as any information that the superintendent orders to be included
in the particular application being filed and shall be accompanied by the filing fee prescribed
by the Banking Board. For the purposes of this section, the Banking Board may reduce or waive
any prescribed fees for applications where a change of control...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
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32-8-87
Section 32-8-87 Dismantling, destroying, changing identity of vehicle; certificate requirements;
insurance claims; "total loss"; removal of identification numbers, plates, etc.;
transfer of salvage vehicles; inspections; "component parts"; rebuilt vehicles;
flood vehicles; online verifications. (a) Each owner of a motor vehicle and each person mentioned
as owner in the last certificate of title who scraps, dismantles, destroys, or changes the
motor vehicle in such a manner that it is not the same motor vehicle described in the certificate
of origin or certificate of title shall as soon as practicable cause the certificate of origin
or certificate of title, if any, and any other documents or information required by the department
to be mailed or delivered to the department for processing. The department shall, with the
consent of any holder of liens noted on the surrendered certificate, enter a cancellation
upon its records. Upon cancellation of a certificate of origin or certificate of...
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45-20-71.30
Section 45-20-71.30 Contingent Fund. The commission may hereby appropriate annually out of
the moneys in the county treasury not otherwise appropriated the sum of ten thousand dollars
($10,000), to be known and called the "Contingent Fund," out of which any donation
or expense may be paid that in the judgment of the commission is worthy and for the best interest
of the county. (Acts 1945, No. 22, §31; Acts 1971, No. 2219, p. 3564, §1; Act 2006-91, p.
118, §1.)...
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45-11-247.08
Section 45-11-247.08 Use of funds. Effective beginning with the fiscal year beginning October
1, 2019, the Chilton County Commission may appropriate principal and interest from the trust
account established in Section 45-11-247.06 for the maintenance and repair of the county jail
as follows: For the fiscal year beginning October 1, 2019, the Chilton County Commission may
appropriate from the account an amount not to exceed four hundred thousand dollars ($400,000)
to be carried over from year to year for the maintenance and repair of the county jail; and
for each fiscal year thereafter, the county commission may appropriate from the account additional
amounts not to exceed one hundred thousand dollars ($100,000) per year for the maintenance
and repair of the county jail until the funds in the account are exhausted. (Act 2019-161,
§3.)...
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33-2-212
Section 33-2-212 Report attesting to actual deficiency; adjustment of amount previously transferred;
transfer to State General Fund. Within 20 days after the close of any quarter of any fiscal
year during which moneys have been transferred and paid to the Alabama State Port Authority
pursuant to a notification of expected deficiency as described in Section 33-2-211, a written
report shall be filed by the Director of the Alabama State Port Authority with the Director
of Finance supported by such documentation as may be deemed appropriate by the Director of
Finance, attesting to the amount of the actual deficiency, if any, incurred during that quarter
by the Alabama State Port Authority respecting its facilities, computed by subtracting the
sum of the revenues actually derived by the Alabama State Port Authority from the operation
of its facilities for that quarter and those moneys actually made available during that quarter
to the Alabama State Port Authority pursuant to Section...
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45-27-246.30
Section 45-27-246.30 Trust fund. (a) The Legislature recognizes that there has been a certain
windfall to Escambia County paid during the fiscal year 1983-84 and arising under the oil
and gas severance tax levied under provisions of Section 40-20-2, and distributed under Section
40-20-8. The legislative intent of this section is to establish a trust fund, the corpus of
which is to be composed of four million dollars ($4,000,000) from the oil and gas severance
tax paid to Escambia County during the fiscal year of 1983-84 together with 20 percent of
the annual income thereon each year during the existence of this trust beginning with the
fiscal year 1984-85. (b) Subject to any limitation of the Constitution of Alabama of 1901,
or of any general law of this state, the Escambia County Commission shall establish a trust
fund which shall be entitled the Escambia County Oil and Gas Severance Trust and which shall
hereafter in this section be referred to as the trust. The Escambia County...
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45-23-130.08
Section 45-23-130.08 Expenditure of funds; appropriation by commission. The authority of the
county engineer to expend funds shall be limited to the requisition for the expenditure of
funds for the purpose of construction, maintenance, or repairs of public roads, bridges, ferries,
or any other duties for Dale County as may be set aside and appropriated by the commission
as hereinafter provided. It shall be the duty of the commission at some meeting in September
of each calendar year, or not later the the first meeting in October following, by order or
resolution spread upon the minutes, to fix and determine the amount of funds which will be
available for the purpose of building, maintaining, and constructing public roads, bridges,
and ferries of Dale County for the current fiscal year, beginning on October 1st, which amount,
other than the salary of the county engineer, shall not be exceeded in the performance of
duties required of the county engineer for that period. The commission is...
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45-27-90.06
Section 45-27-90.06 Expenses of authority. The county governing body of Escambia County shall
annually, before the end of the county's fiscal year, fix the amount to be expended by the
Industrial Development Authority herein created, and shall deposit such amount as it determines
to be necessary for the efficient operation of the authority in a special fund in the county
treasury to the credit of the authority. All other funds otherwise coming into the hands of
the authority shall likewise be deposited in the fund. The ordinary and necessary operating
expenses of the authority, including the expenses of its members and the salaries and expenses
of employees of the authority shall be paid out of authority funds. (Acts 1978, No. 894, p.
1330, §7.)...
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