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45-39-92.40
Section 45-39-92.40 Definitions. For the purposes of this subpart, the following terms shall
have the respective meaning ascribed by this section: (1) AUTHORIZED MUNICIPALITIES. The Cities
of Sheffield, Tuscumbia, Muscle Shoals, Cherokee, Littleville, Leighton, Florence, Rogersville,
Killen, Anderson, Lexington, St. Florian, and Waterloo. (2) COUNTY. Lauderdale County which
is authorized to levy excise taxes pursuant to this subpart. (3) DISTRIBUTOR. Any person who
engages in the selling of gasoline or motor fuel in this state by wholesale domestic trade,
but shall not apply to any transaction of such distributor in interstate commerce. (4) GASOLINE.
Gasoline, naphtha, and other liquid motor fuels or any device or substitute therefor commonly
used in internal combustion engines; provided, that such term shall not be held to apply to
those products known commercially as kerosene oil, fuel oil, or crude oil when used for lighting,
heating, or industrial purposes. (5) LOCAL PUBLIC...
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5-12A-1
Section 5-12A-1 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) TRUST INSTITUTION.
Any state bank, any national bank or any trust company authorized to act in a fiduciary capacity
in this state and under the supervision of the Comptroller of the Currency of the United States
or the Federal Reserve System, or the Superintendent of Banks of the State of Alabama. (2)
AFFILIATED TRUST INSTITUTION. A trust institution which, together with one or more other trust
institutions, are each owned or controlled by a bank holding company which is under the supervision
of the Board of Governors of the Federal Reserve System. (3) OWNED OR CONTROLLED. The ownership
by a bank holding company of stock possessions of at least 80 percent of the voting power
of all classes of stock and at least 80 percent of each class of the nonvoting stock (other
than nonvoting stock which is limited and...
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5-2A-3
Section 5-2A-3 Superintendent - Qualifications, appointment and term of office; filling of
vacancies. The State Banking Department shall be in the charge of the superintendent, who
shall be the chief executive officer of the department. The superintendent shall be a person
of good character and shall be neither directly nor indirectly interested in, nor borrow money
from, a bank chartered under the laws of this state. Debts of the superintendent existing
at the time of his or her appointment with banks chartered under the laws of this state may
not be extended or renewed. The superintendent shall be appointed by the Governor by and with
the consent of the Senate and his or her salary shall be set by the Governor within a salary
range established by the Banking Board. The salary of any Assistant Superintendent of Banks
shall be set by the Governor within a salary range established by the Banking Board for the
position of Assistant Superintendent of Banks. Sections 36-6-5 and 36-6-6...
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5-5A-21
Section 5-5A-21 Surplus; restriction on dividends. Every bank shall transfer to surplus each
year at least 10 percent of its net earnings until the surplus of such bank shall be equal
to at least 20 percent of its capital, and it shall be unlawful for such bank to declare or
pay a dividend in excess of 90 percent of the net earnings of such bank until the surplus
of such bank shall be equal to at least 20 percent of capital. Thereafter the prior written
approval of the superintendent shall be required if the total of all dividends declared by
the bank in any calendar year shall exceed the total of its net earnings of that year combined
with its retained net earnings of the preceding two years, less any required transfers to
surplus. No dividends, withdrawals or transfers may be made from the bank's surplus without
the prior written approval of the superintendent. For the purpose of this section the term
"net earnings" shall mean the remainder of all earnings from current operations...
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6-6-392
Section 6-6-392 Bond required when garnishment in aid of pending action; exception as to Superintendent
of Banks. When the garnishment is in aid of a pending action, the plaintiff, his agent or
attorney must also give bond in double the amount claimed in the action, with sufficient surety,
to be approved by the officer issuing the writ, with condition that the plaintiff will prosecute
the garnishment to effect and pay the defendant all such damages as he may sustain from the
wrongful or vexatious suing out of such garnishment; and such bond, as to actions thereon,
is subject to the provisions of this code relating to actions on attachment bonds; provided,
however, that the Superintendent of Banks of the State of Alabama shall not be required to
give bond when garnishment is issued in aid of a pending action, which action is based on
a promissory note owned by a bank in the process of liquidation. Such Superintendent of Banks
or the liquidating agent of such bank in liquidation shall,...
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9-13-200
Section 9-13-200 Authorized; form. The governor on behalf of this state is hereby authorized
to execute a compact in substantially the following form with any one or more of the states
of Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia
and West Virginia, and the Legislature hereby signifies in advance its approval and ratification
of such compact, which compact is as follows: SOUTHEASTERN INTERSTATE FOREST FIRE PROTECTION
COMPACT Article I. The purpose of this compact is to promote effective prevention and control
of forest fires in the Southeastern region of the United States by the development of integrated
forest fire plans, by the maintenance of adequate forest fire fighting services by the member
states, by providing for mutual aid in fighting forest fires among the compacting states of
the region and with states which are party to other regional forest fire protection compacts
or agreements, and for more adequate forest protection....
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10A-2-13.01
Section 10A-2-13.01 Definitions. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (1) "Corporate action"
means the filing of articles of merger or share exchange by the judge of probate or Secretary
of State, or other action giving legal effect to a transaction that is the subject of dissenters'
rights. (2) "Corporation" means the issuer of shares held by a dissenter before
the corporate action, or the surviving or acquiring corporation by merger or share exchange
of that issuer. (3) "Dissenter" means a shareholder who is entitled to dissent from
corporate action under Section 10A-2-13.02 and who exercises that right when and in the manner
required by Sections 10A-2-13.20 through 10A-2-13.28. (4) "Fair Value," with respect
to a dissenter's shares, means the value of the shares immediately before the effectuation
of the corporate action to which the dissenter objects, excluding any appreciation or depreciation
in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.01.htm - 2K - Match Info - Similar pages
16-13-304
Section 16-13-304 Terms and conditions; sale; use of proceeds. (a)(1) Warrants issued pursuant
to this article may be in the denomination or denominations; shall have a maturity or maturities
not exceeding 30 years from their date; may bear interest from their date at the rate or rates
payable in the manner and at the times; may be payable at the place or places within or without
the State of Alabama; may be sold for such price and in the manner as provided in this article;
and may contain the terms not in conflict with the provisions of this article; all as the
board may provide in the proceedings pursuant to which the warrants are authorized to be issued.
(2)(i) The board may provide that the warrants shall bear interest at a rate or rates fixed
at the time of the issuance thereof. (ii) With the prior, specific approval of the State Superintendent,
given as provided in this article, the board may provide that the warrants shall bear interest
at rates which may be changed from time to...
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16-23-2
Section 16-23-2 Issuance, extension and renewal of certificates. All matters relating to the
issuance, extension and renewal of certificates based upon credentials, including transcripts
of applicants' records submitted by institutions of higher learning in Alabama approved for
the training of teachers, or by institutions operated under the control of the State Board
of Education for the training of teachers, or by institutions located in other states whose
standards of training teachers are the same or equivalent to those approved by the State Board
of Education shall be subject to the rules and regulations of the State Board of Education.
It shall be the duty of the State Superintendent of Education to submit for the approval of
the State Board of Education from time to time rules and regulations governing the issuance,
renewal and extension of certificates and to have printed a bulletin or bulletins which shall
contain full information relating to the issuance, renewal and extension...
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16-3-17.3
Section 16-3-17.3 Flexible school terms. It is the intent of the Legislature that local school
systems be permitted to develop flexible school terms extending over the course of the 12
month calendar year. School systems desiring to use flexible school terms may utilize such
scheduling to develop tutorial programs or innovative programs for at-risk students or students
deemed academically deficient and to relieve overcrowded classroom conditions. Local school
systems desiring to develop flexible school terms shall, upon approval of the local board
of education, submit a plan to the State Superintendent of Education and upon his recommendation
and approval by the State Board of Education, the plan shall be adopted. No provision of The
Alabama Education Improvement Act of 1991 (Acts 1991, No. 91-323), shall be interpreted to
require personnel employed in local school systems to work longer than their current contract
provides. School personnel may work extended contract periods provided...
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