Code of Alabama

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27-17A-47
Section 27-17A-47 Establishment and management of endowment care fund. (a) Every cemetery authority
operating an endowment care cemetery shall establish an endowment care fund which shall be
placed with and held by a bank, trust company, savings and loan association, or other financial
institution authorized to provide trust services under Title 5, as amended, or under the applicable
laws of the United States or any other state, or a board of trustees, consisting of at least
three members, who shall reside in the State of Alabama, one of whom is engaged in outside
cemetery management, and each of whom shall be bonded to honestly perform the duties of trustee
under a formal trust agreement. (b) Except as specifically provided in this subsection, commencing
on July 1, 2014, a person serving on a board of trustees or cemetery authority may not also
serve as a trustee of an endowment care fund for the cemetery authority. A board of trustees
in existence on July 1, 2014, may continue to...
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5-13B-99
Section 5-13B-99 Amended license to establish and maintain a branch or agency. (a) A foreign
bank which is licensed to establish and maintain an Alabama state branch or Alabama state
agency must secure an amended license if it changes its corporate name, changes the duration
of its corporate existence, or desires to pursue in this state other or additional purposes
than those set forth in its prior application under this article for a license, by making
application therefor to the superintendent. (b) The requirements with respect to the form
and contents of an application under subsection (a), the manner of its execution, the filing
of duplicate originals thereof with the superintendent, the issuance of an amended license
and the effect thereof shall be the same as in the case of an initial application for a license
to establish and maintain an Alabama state branch or Alabama state agency. (Acts 1995, No.
95-115, p. 134, ยง47.)...
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5-26-15
Section 5-26-15 Confidentiality. In order to promote more effective regulation and reduce regulatory
burden through supervisory information sharing: (1) PROTECTIONS. Except as otherwise provided
in Public Law 110-289, Section 1512, the requirements under any federal law regarding the
privacy or confidentiality of any information or material provided to the Nationwide Mortgage
Licensing System and Registry, and any privilege arising under federal or state law, including
the rules of any federal or state court, with respect to such information or material, shall
continue to apply to such information or material after the information or material has been
disclosed to the Nationwide Mortgage Licensing System and Registry. Such information and material
may be shared with all state and federal regulatory officials with mortgage industry oversight
authority without the loss of privilege or the loss of confidentiality protections provided
by federal or state law. (2) AGREEMENTS AND SHARING...
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13A-8-117
Section 13A-8-117 Forfeiture of certain computers, software, etc. (a) On conviction of a violation
of this article or any other violation of the criminal laws of Alabama, the court shall order
that any computer, computer system, computer network, instrument of communication, software
or data that was owned or used by the defendant with the owner's knowledge of the unlawful
act or where the owner had reason to know of the unlawful act, and that was used in the commission
of the offense be forfeited to the State of Alabama and sold, destroyed, or otherwise properly
disposed. If the defendant is a minor, it also includes the above listed property of the parent
or guardian of the defendant. The manner, method, and procedure for the forfeiture and condemnation
or forfeiture of such thing shall be the same as that provided by law for the confiscation
or condemnation or forfeiture of automobiles, conveyances, or vehicles in which alcoholic
beverages are illegally transported. If the computer,...
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36-21-66
Section 36-21-66 Alabama Peace Officers' Annuity and Benefit Fund created; purpose and official
designation; composition generally; investment, expenditure, etc., of moneys therein. A special
fund is established and placed under the management of the board for the purpose of providing
retirement allowances and other benefits under this article for members of the fund. The fund
shall be known as the Alabama Peace Officers' Annuity and Benefit Fund, by and in which name
all of its business shall be transacted, all of its funds invested, and all of its cash and
securities and other property held in trust for the purposes for which received. All amounts
received by the board pursuant to this article shall be paid into the fund. The board shall
have such control of the fund as shall not be inconsistent with this article and with the
laws of the state. All moneys of the board shall either be deposited into the State Treasury
or in a special trust account or accounts in any bank or banks in...
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5-5A-18
Section 5-5A-18 Powers of banks generally. Corporations formed for the purpose of doing business
as a bank may: (1) Discount bills, notes or other evidences of debt; (2) Receive and pay out
deposits, with or without interest, pay checks, and impose charges for any services; (3) Receive
on special deposit money, bullion or foreign coins or bonds or other securities; (4) Buy and
sell foreign and domestic exchanges, gold and silver bullion or foreign coins, bonds, bills
of exchange, notes and other negotiable paper; (5) Lend money on personal security or upon
pledges of bonds, stocks or other negotiable securities; (6) Take and receive security by
mortgage, security agreement or otherwise on property, real and personal; (7) Become trustees
for any purpose and be appointed and act as executors, administrators, guardians, receivers,
or fiduciaries upon receiving the prior written approval of the superintendent under Section
5-11A-1; (8) Lease real and personal property upon specific request...
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8-6-10
Section 8-6-10 Registration of securities - Exempt securities. Sections 8-6-4 through 8-6-9
shall not apply to any of the following securities: (1) Any security, including a revenue
obligation, issued or guaranteed by the United States, any state, any political subdivision
of a state, any agency, corporate, or other instrumentality of one or more of the foregoing;
or any certificate of deposit for any of the foregoing. (2) Any security issued or guaranteed
by Canada, any Canadian province, any political subdivision of any province, any agency, corporate,
or other instrumentality of one or more of the foregoing or any other foreign government with
which the United States currently maintains diplomatic relations if the security is recognized
as a valid obligation by the issuer or guarantor. (3) Any security issued by and representing
an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United
States or any bank, savings institution, or trust company...
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31-2-58
Section 31-2-58 Adjutant General - Qualifications; appointment; term; commission; rank; powers
and duties generally; seal. The head of the Military Department shall be a commissioned officer
of the National Guard of Alabama and shall be designated as the Adjutant General. He shall
be designated and assigned to duty as the Adjutant General by the Governor and shall serve
as Adjutant General at the pleasure of the Governor. He may be commissioned as an officer
on the state staff, in the Adjutant General's office, and he may have such rank as is now
or may hereafter be provided for an officer of the state staff, Adjutant General's office,
under the provisions of the National Defense Act and Department of Defense regulations promulgated
thereunder. The officer of the National Guard of Alabama assigned to duty by the Governor
as the Adjutant General may be commissioned by the Governor as a general officer in the National
Guard of Alabama, with the consent of the Senate. The Adjutant General...
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32-6-3
Section 32-6-3 Examination prior to application for license or renewal. (a) Every person who
applies for an initial Alabama driver's license issued by the Department of Public Safety
under this article shall be given and successfully pass an examination before the issuance
of a driver's license. The person shall apply to the officer, state trooper, or duly authorized
third party testing agent of the Director of Public Safety, or one of them where there is
more than one, designated by the Director of Public Safety to conduct examinations. A minor
shall furnish a certified copy of his or her birth certificate or a certified statement from
the county superintendent of education of the county in which the minor resides or from the
superintendent of the school which the minor attends proving that the minor is at least 16
years of age. Upon satisfying this requirement, the minor shall be examined. (b)(1) The Director
of Public Safety shall promulgate reasonable rules and regulations not in...
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40-14-41
Section 40-14-41 (Not Effective After December 31, 1999) Levy on foreign corporations. (a)
Amount of levy. Every corporation organized under the laws of any other state, nation, or
territory and doing business in this state, except strictly benevolent, educational, or religious
corporations, shall pay annually to the state an annual franchise tax of three dollars ($3)
on each one thousand dollars ($1,000) of the actual amount of its capital employed in this
state. Corporations which have qualified to do business in this state shall for the purpose
of this title prima facie be held to be doing business in Alabama. However, in no event shall
the amount paid by any corporation for annual franchise tax be less than the sum of twenty-five
dollars ($25). (b) Definition of capital. The total capital of such foreign corporation, herein
referred to as the "taxpayer," shall equal the aggregate net amount of the following
items determined in accordance with generally accepted accounting...
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