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41-15A-2
Section 41-15A-2 Distribution of proceeds. (a) Proceeds from the Penny Trust Fund which are
dedicated for the promotion of the public health shall be transmitted by the Comptroller to
the Department of Public Health for the Alabama Drug Assistance Program and other similar
programs upon application of the State Health Officer and approval by the board. (b) Proceeds
from the Penny Trust Fund which are dedicated for the promotion of the public health of children
in public schools shall be transmitted by the Comptroller to the State Board of Education
upon application of the State Superintendent of Education and approval by the board. Revenues
received by any school system from the Penny Trust Fund shall not replace or supplant any
existing funds or programs from any other source. (c) There is appropriated from the Penny
Trust Fund for any fiscal year accumulated earnings, available and not appropriated in any
fiscal year 2001 and forward sufficient to fund all applications and proposals...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15A-2.htm - 1K - Match Info - Similar pages
5-1A-3
Section 5-1A-3 Use of words "bank," "banker," "banking," etc.,
restricted. The use of the words "bank," "banker," "banking,"
or words of similar meaning in any foreign language as a designation or name, or as part of
a designation or name, under which business is or may be conducted in the State of Alabama,
or in its advertising is restricted to banking corporations organized under the laws of Alabama,
other states, the United States, or foreign countries. All other persons, firms, partnerships,
limited liability companies, corporations, and other entities are prohibited from using the
words "bank," "banker," or "banking" or words of similar meaning
in any foreign language in advertising or as a designation or name or as part of a designation
or name under which business may be conducted in this state unless the superintendent determines
that the use of the word by the entity is unlikely to mislead or confuse the public or give
the impression that such entity is lawfully organized and...
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5-3A-4
Section 5-3A-4 Expenses of special examinations. The expenses incidental to any special examination
of banks, bank holding companies, or their affiliates shall be borne by the bank or bank holding
company so examined, and such bank or bank holding company shall, on the call of the superintendent,
pay into the Treasury of Alabama, earmarked for the use of the Banking Department, within
10 days after said examination, an amount not exceeding the actual expenses of such examination,
including per diem, travel expenses and the pro rata portion of the salaries of the state
employees engaged in making such examination. (Acts 1980, No. 80-658, §5-3-4; Act 2011-589,
p. 1306, §1.)...
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5-8A-46
Section 5-8A-46 Final distribution, termination of receivership and dissolution of bank. Whenever
the receiver shall have paid to each and every depositor and creditor of such bank whose claim
or claims as such creditor or depositor shall have been duly proven and allowed the full amount
of such claims and shall have made proper provision for the unclaimed and unpaid deposits
or dividends the receiver shall make application for final settlement including expenses of
liquidation, to be approved by the receivership court and shall distribute the balance of
any assets remaining ratably to the stockholders. Creditors shall not receive interest after
the date of taking of possession by the superintendent. The receiver shall in said final settlement
order be directed to file in the office of the judge of probate of the county in which the
principal place of business of the bank was located and in the office of Secretary of State
a certificate of dissolution and the written approval of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-8A-46.htm - 1K - Match Info - Similar pages
10A-3-5.06
Section 10A-3-5.06 Merger or consolidation of domestic and foreign nonprofit corporations.
(a) One or more foreign nonprofit corporations and one or more domestic nonprofit corporations
may be merged or consolidated in the following manner, if the merger or consolidation is permitted
by the laws of the state under which each foreign nonprofit corporation is organized: (1)
Each domestic nonprofit corporation shall comply with the provisions of this title with respect
to the merger or consolidation, as the case may be, of domestic nonprofit corporations and
each foreign nonprofit corporation shall comply with the applicable provisions of the laws
of the state under which it is organized. (2) If the surviving or new nonprofit corporation,
as the case may be, is to be governed by the laws of any state other than Alabama, it shall
comply with the provisions of this title with respect to foreign entities if it is to conduct
affairs in Alabama, and in every case it shall be deemed to have...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-5.06.htm - 2K - Match Info - Similar pages
10A-5-9.01
Section 10A-5-9.01 Merger and consolidation. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144
EFFECTIVE JANUARY 1, 2017. (a) Pursuant to any agreement, a domestic limited liability company
may merge or consolidate with or into one or more limited liability companies or other business
entities formed or organized under the laws of this state, any other state, the United States,
or any foreign jurisdiction, with the domestic limited liability company or the other business
entity being the surviving or resulting domestic limited liability company or other business
entity. Except as otherwise specifically provided for in the operating agreement, a merger
shall be approved by each domestic limited liability company which is to merge by all the
members at the time approval of the merger is voted on. (b) Notwithstanding prior approval,
an agreement of merger may be terminated prior to filing articles of merger with the Secretary
of State or amended pursuant to a provision for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5-9.01.htm - 1K - Match Info - Similar pages
16-13-100
Section 16-13-100 Payment of incidental costs. The board of education issuing any warrants
hereunder may pay the cost of printing the warrants, the cost of advertising the sale, the
attorneys' fees for preparing proceedings, the attorneys' fees for furnishing an opinion as
to legality acceptable to the purchaser and other expenses incidental to the issue of the
warrants, but only the actual cost thereof shall be paid and all such payments shall be made
to those actually rendering such services and not to the purchaser of the warrants, in a lump
sum or otherwise; provided, that the board of education may employ any bank or banks and person
or persons to assist in making arrangements relating to the issue of refunding warrants hereunder
and the sale or exchange thereof and may pay them for such services subject to the approval
of the State Superintendent of Education. This section shall not authorize the payment of
a commission or other compensation for procuring a purchaser of capital...
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16-13-99
Section 16-13-99 Place and method of payment. All warrants issued hereunder may be made payable
as to principal and interest at such banks within or without the State of Alabama as the issuing
board of education may designate. The county or city superintendent of education and the custodian
or treasurer of school funds, as the case may be, shall deposit sufficient funds in such bank
designated by the issuing board, as the bank at which its warrants are payable to meet all
maturing installments of principal of and interest on its warrants promptly as the same shall
fall due. The amounts due on principal and interest of school warrants issued heretofore and
hereunder shall be remitted by said banks at par, including any premium due on called warrants,
and without the deduction of exchange, handling, or collection costs from the amount due the
holders of said warrants. Each issuing board of education shall be authorized to compensate
any paying agent bank in an amount deemed reasonable by...
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16-36-60
Section 16-36-60 State Textbook Committee. (a) The State Textbook Committee is created. The
committee shall consider the merit of textbooks offered for use in the public elementary and
high schools of the state and make recommendations for approval or rejection, or both, to
the State Board of Education as hereinafter provided. In making recommendations to the State
Board of Education, the State Textbook Committee shall also consider any recommendations made
by the State Courses of Study Committee or by the State Superintendent of Education. (b) The
State Textbook Committee shall be composed of 23 members. Four of the members shall be secondary
school classroom teachers and four elementary school classroom teachers. One of these eight
members shall be appointed from each of the seven United States Congressional Districts, as
such districts are constituted on July 1, 1998, and one shall be appointed statewide. Four
members shall be appointed from the state at large, and these four...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-36-60.htm - 7K - Match Info - Similar pages
22-22A-2
Section 22-22A-2 Legislative intent and purposes of chapter. The Legislature finds the resources
of the state must be managed in a manner compatible with the environment, and the health and
welfare of the citizens of the state. To respond to the needs of its environment and citizens,
the state must have a comprehensive and coordinated program of environmental management. It
is therefore the intent of the Legislature to improve the ability of the state to respond
in an efficient, comprehensive and coordinated manner to environmental problems, and thereby
assure for all citizens of the state a safe, healthful and productive environment. (1) To
this end an Alabama Department of Environmental Management is created by this chapter within
the Executive Branch of State Government in order to effect the grouping of state agencies
which have primary responsibility for administering environmental legislation into one department,
to promote economy and efficiency in the operation and management...
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