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40-23-1
Section 40-23-1 Definitions; transactions considered or not considered sales. (a) For
the purpose of this division, the following terms shall have the respective meanings ascribed
by this section: (1) PERSON or COMPANY. Used interchangeably, includes any individual,
firm, copartnership, association, corporation, receiver, trustee, or any other group or combination
acting as a unit and the plural as well as the singular number, unless the intention to give
a more limited meaning is disclosed by the context. (2) DEPARTMENT. The Department of Revenue
of the State of Alabama. (3) COMMISSIONER. The Commissioner of Revenue of the State of Alabama.
(4) TAX YEAR or TAXABLE YEAR. The calendar year. (5) SALE or SALES. Installment and credit
sales and the exchange of properties as well as the sale thereof for money, every closed transaction
constituting a sale. Provided, however, a transaction shall not be closed or a sale completed
until the time and place when and where title is transferred by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-23-1.htm - 20K - Match Info - Similar pages
40-7-25.3
Section 40-7-25.3 Current use value of Class III property - Conversion of property to
other taxable use. If the sale or other disposition of taxable property qualified for assessment
based on its current use value results in or is followed by the conversion of such property,
within two years from the date of sale or other disposition, to a use that is not so qualified,
then with respect to such property, there shall be levied and collected, in the ad valorem
tax year beginning on the October 1 next succeeding the conversion of such property, an amount
of additional taxes to be computed in the manner provided by this section. If taxable
property qualified for assessment at its current use value is converted to a use not so qualified,
then the tax assessor shall thereupon appraise such property in accordance with the provisions
of Section 40-7-15 and Section 40-7-25, as amended, and shall compute the amount
of additional taxes payable with respect to such property in the manner provided...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-7-25.3.htm - 2K - Match Info - Similar pages
9-9-31
Section 9-9-31 Tax levy to defray expenses of proposed works and improvements generally;
water management tax record; additional taxes. (a) After the list of lands and other property
with the assessed benefits and the decree and judgment of the court have been filed as provided
in Section 9-9-29, the board of water management commissioners shall without unnecessary
delay levy a tax of such portion of said benefit on all lands and other property in the district
to which benefits have been assessed as may be found necessary by the board of water management
commissioners to defray the costs and expenses of the proposed works and improvements as incorporated
in the plan of water management, plus 10 percent of said total amount for emergencies. The
said tax shall be apportioned to and levied on each tract of land or other property in said
district in proportion to the benefits assessed and not in excess of 90 percent thereof; and,
in case bonds are issued as provided in this article, then...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-9-31.htm - 5K - Match Info - Similar pages
35-8-20
Section 35-8-20 Termination of condominium. (a) The condominium property may be removed
from the provisions of this chapter provided that all unit owners agree and all holders of
record of liens affecting any of the units consent or agree, in either case by instruments
duly recorded, that their liens be transferred to the undivided share of the unit owner in
the property as hereinafter provided. (b) A circuit court may grant the petition of any unit
owner for a removal of the condominium property from the provisions of this chapter and a
partition under the following circumstances: (1) In the event of total destruction of all
improvements of the condominium property and no agreement is reached to rebuild such improvements
within a reasonable time, or such rebuilding has not been completed within a reasonable time.
(2) In the event of substantial destruction, deterioration, or obsolescence of the condominium
property and no agreement is reached to repair, reconstruct, or rebuild such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-8-20.htm - 3K - Match Info - Similar pages
9-2-121
Section 9-2-121 Land Resources Information Center; survey and compilation of data; agencies
to file legal instruments. (a) There is hereby created and established within the Lands Division
of the Department of Conservation and Natural Resources a State Land Resources Information
Center which shall compile certain data and information as hereinafter prescribed on all state
owned lands, including those lands owned by state supported educational institutions, excepting
however, lands acquired for highway rights of way. Such center shall be under the supervision
of the Director of the Lands Division, Department of Conservation and Natural Resources who
shall compile and keep up to date the following data and information on such lands: (1) Location
- should include postal address and metes and bounds description where applicable; (2) Size
- acreage and dimensions of lot or parcel; (3) Type of development - agricultural, commercial,
governmental, institutional, educational, residential,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-2-121.htm - 3K - Match Info - Similar pages
16-16-14.1
Section 16-16-14.1 Sale of bonds and other details of bonds. From and after August 14,
2009, bonds issued by the authority under subsection (b) of Section 3 of Act 98-373
may be sold by negotiated sale or by competitive bid at such price or prices and at such time
or times as the authority may consider advantageous. In addition, bonds hereafter issued by
the authority under subsection (b) of Section 3 of Act 98-373 may bear such maturities,
may be subject to redemption, or may not be subject to redemption, all on such terms as the
authority may consider advantageous. Notwithstanding any other provision of law, bonds, notes,
or other debt obligations issued under the provisions of the American Recovery and Reinvestment
Act of 2009 or other governmental program providing cost-savings or conditions acceptable
to the authority may be issued by the authority after review by the Alabama Public School
and College Education Incentive Fund Council created in Section 16-16-15. The council
shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-16-14.1.htm - 2K - Match Info - Similar pages
23-1-157
Section 23-1-157 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president or vice president and attested by its secretary; provided, that a facsimile
of the signature of the officers may be imprinted or otherwise reproduced on any such bonds
in lieu of his or her signing the same. The seal of the corporation shall be affixed to such
bonds; provided, that a facsimile of the seal may be imprinted or otherwise reproduced on
any such bonds in lieu of being manually affixed thereon. (b) Any bonds of the corporation
may be executed and delivered at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or rates of interest
payable and evidenced in such manner, may contain provisions for redemption prior to maturity
and may contain other provisions not inconsistent with this article, all as may be provided
by the resolution of the board of directors whereunder such bonds are authorized to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-157.htm - 6K - Match Info - Similar pages
23-1-177
Section 23-1-177 Bonds - Generally. (a) The bonds of the corporation shall be signed
by its president and attested by its secretary, and the seal of the corporation shall be affixed
thereto or printed or otherwise reproduced thereon; provided, that a facsimile of the signature
of one, but not both, of the officers may be printed or otherwise reproduced on any such bonds
in lieu of his or her signing the same. (b) Any bonds of the corporation may be executed and
delivered by it at any time and from time to time, shall be in such form and denominations
and of such tenor and maturities, shall bear such rate or rates of interest payable and evidenced
in such manner, may contain provisions for redemption prior to maturity, and may contain such
other provisions not inconsistent with this article, all as may be provided by the resolution
of the board of directors under which such bonds are authorized to be issued; provided, that
no bond of the corporation shall have a specified maturity date...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-177.htm - 6K - Match Info - Similar pages
39-2-4
Section 39-2-4 Filing of guaranties by bidders; prequalification procedures and criteria;
responsibility of prequalified bidders; revocation of prequalification; rejection of bidder.
(a) The bidder shall be required to file with his or her bid either a cashier's check drawn
on an Alabama bank or a bid bond executed by a surety company duly authorized and qualified
to make such bonds in the State of Alabama, payable to the awarding authority for an amount
not less than five percent of the awarding authority's estimated cost or of the contractor's
bid, but in no event more than ten thousand dollars ($10,000), except if the awarding authority
is the Department of Transportation, then the bid guarantee shall not be more than fifty thousand
dollars ($50,000). The bid guaranties as provided in this section shall constitute
all of the qualifications or guaranty to be required of contractors as prerequisites to bidding
for public works, except as required by the State Licensing Board for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-2-4.htm - 4K - Match Info - Similar pages
40-18-86
Section 40-18-86 Sale or transfer of real property and associated tangible property
by nonresidents. (a) As used in this section, the term nonresident of Alabama shall
include individuals, trusts, partnerships, corporations, and unincorporated organizations.
Any seller or transferor who meets all of the following conditions and who provides the buyer
or transferee with an affidavit signed under oath swearing or affirming that all of the following
conditions are met will be deemed a resident for purposes of this section: (1) The
seller or transferor has filed Alabama income tax returns or appropriate extensions have been
received for the two income tax years immediately preceding the year of sale. (2) The seller
or transferor is in business in Alabama and will continue substantially the same business
in Alabama after the sale or the seller or transferor has real property remaining in the state
at the time of closing of equal or greater value than the withholding tax liability as...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-18-86.htm - 6K - Match Info - Similar pages
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