11-50B-4
Section 11-50B-4 Municipal authority to furnish cable service; rules and regulations. Notwithstanding
any other provision of this chapter, so long as a municipality has by virtue of the provisions
of any franchise, jurisdiction, authority, or a right, to approve or disapprove the subscriber
rates, fees, or charges of private providers of cable service furnishing cable service to
subscribers in the municipality and has not either relinquished the same, or adopted procedures
pursuant to which private providers of cable service are permitted to increase or decrease
their rates to subscribers upon not less than 30 days notice freely, so long as the rates
charged subscribers reflect all direct costs and indirect costs of providing the cable service,
neither the municipality nor any municipal instrumentality whose organization the municipality
has authorized, may exercise the authority to furnish cable service granted elsewhere in this
chapter. Notwithstanding the foregoing, nothing...
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40-22-6
Section 40-22-6 Tax upon recording transfer of instrument recorded by exempt institution -
Generally. If any mortgage, deed of trust, contract of conditional sale, or other instrument
of like character heretofore or hereafter filed for record in any probate office of this state
which was or shall be given to secure the payment of any debt incurred to a corporation, organization,
or institution now or hereafter exempt by law from the payment of the recording privilege
tax imposed by Section 40-22-2 and upon which such recording privilege tax has not been previously
paid has been heretofore or be hereafter transferred to a person, corporation, organization,
or institution not exempt from payment of such tax and such transfer is presented for record
within this state, such transfer shall be received for record upon payment of the privilege
tax imposed by said section upon the then unpaid balance of the secured debt and the recording
fees of the probate judge. (Acts 1951, No. 816, p. 1449,...
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10A-2A-15.11
Section 10A-2A-15.11 Authority of foreign corporation to act as fiduciary. (a) Any foreign
corporation may act in this state as trustee, personal representative, executor, administrator
of any kind, guardian, conservator, or in any other like or similar fiduciary capacity, whether
the appointment is by law, will, deed, inter vivos trust, mortgage, deed of trust, court order
or otherwise, without the necessity of complying with any law of this state relating to the
qualification of foreign corporations to do business in this state or the licensing of foreign
corporations to do business in this state and notwithstanding any prohibition, limitation,
or restriction contained in any law of this state subject to the following conditions: (1)
The foreign corporation is authorized to act in a fiduciary capacity, or capacities, in the
state in which it is incorporated or, if the foreign corporation is a national banking association
or other corporation organized under the laws of the United...
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11-50B-7
Section 11-50B-7 Provision of cable channel to public school system, etc. Subsequent to August
1, 2000, each public provider that commences offering to the public cable service in the exercise
of authority granted it hereunder shall reserve and make available for the use of the public
school system in the municipality in the case of a municipality, or in the municipality which
authorized the organization of the municipal instrumentality in the case of a municipal instrumentality,
without fee, charge, or other compensation from the public school system, one cable channel;
provided, however, that if the provision thereof without fee, charge, or other compensation
pursuant hereto would constitute a breach of or event of default under the provisions of any
resolution, indenture, mortgage, or other instrument pursuant to which any debt obligations
of the public provider are then outstanding, the public provider shall not be required to
provide a cable channel without fee, charge, or other...
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27-22-60
Section 27-22-60 Definitions. As used in this article, the following terms shall have the following
meanings: (1) LENDER. A person who holds a mortgage, lien, deed of trust, or other security
interest in property. The term includes an assignee, receiver, or other transferee of the
interest. (2) RESIDENTIAL REAL PROPERTY. Any of the following: a. A single-family house. b.
A duplex, triplex, or quadraplex. c. A unit in a multi-unit residential structure in which
title to an individual unit is transferred to the owner of the unit under a condominium or
cooperative system. (Act 2019-460, §1.)...
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27-41-29
Section 27-41-29 Particular investments - Bonds, etc., secured by mortgages or deeds of trust
on real property, etc., generally. An insurer may invest in: (1) Bonds, notes, or other evidences
of indebtedness which are secured by a first mortgage lien or deed of trust upon unencumbered
improved real property located in the United States or Canada, including leasehold estates
in such real estate having an unexpired term (inclusive of the term or terms which may be
provided by options of renewal) of not less than 10 years beyond the final maturity of the
loan. Unless guaranteed or insured by the Administrator of Veterans Affairs, the Secretary
of Housing and Urban Development, or by a mortgage guaranty insurance policy issued by an
insurance company licensed and authorized to do business by and in the State of Alabama, no
such mortgage loan or loans when made shall exceed 75 percent of the fair value of the real
estate or leasehold, except that loans made on single family dwellings shall...
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45-30-250.16
Section 45-30-250.16 Proceedings, notice, and approval of authority actions. Except as otherwise
expressly provided in this article, no proceeding, notice, or approval shall be required for
the incorporation of the authority or the amendment of its certificate of incorporation, the
acquisition of any property or water system, or the issuance of any mortgage, deed of trust,
or trust indenture. (Act 93-376, p. 638, §17.)...
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40-22-10
Section 40-22-10 Tax upon recording transfer of instrument recorded by exempt institution -
Exemption of debt secured by instrument upon which recording tax has previously been paid.
If any transfer of any such mortgage, deed of trust, contract of conditional sale, or other
instrument of like character described in Section 40-22-6 has heretofore been filed for record
in any probate office of this state and the recording privilege tax imposed by Section 40-22-1
or Section 40-22-2 has been paid thereon, the debt secured by the instrument so transferred
shall be exempt from any ad valorem tax, either state, county, or municipal. (Acts 1951, No.
816, p. 1449, §5.)...
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45-25-250.15
Section 45-25-250.15 Proceedings, notice, and approval of authority actions. Except as expressly
otherwise provided in this article, no proceeding, notice, or approval shall be required for
the incorporation of the authority or the amendment of its certificate of incorporation, the
acquisition of any property, water, sewer, and garbage system, or the issuance of any mortgage
and deed of trust or trust indenture. (Act 89-426, p. 893, §16.)...
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45-29-140.16
Section 45-29-140.16 Notice requirements, etc.; regulatory control and supervision. (a) Except
as expressly otherwise provided in this article, no proceeding, notice, or approval shall
be required for the incorporation of the authority or the amendment of its certificate of
incorporation, the acquisition of any property, water system, or fire protection facility
or the issuance of any mortgage and deed of trust or trust indenture. (b) The authority, every
water system or fire protection facility owned by the authority or leased or subleased to
a county, and the rates and charges thereof shall be exempt from all jurisdiction of and all
regulation and supervision by the Alabama Public Service Commission and neither a public hearing
nor the consent of the Department of Finance shall be prerequisite to any transaction between
or with the authority and the county or between the authority or the county and any vendor,
vendee, lessor, or lessee to or from the authority. (Act 89-188, p. 169,...
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