5-17-3
Section 5-17-3 Use of words "credit union" in name or title. It shall be a
misdemeanor for any person, association, copartnership, or corporation, except corporations
organized in accordance with the provisions of this chapter, credit unions incorporated under
the laws of the United States, the trade associations of credit unions doing business in this
state, and other organizations as approved by the administrator, to use the words "credit
union" in their name, title, or in advertising. A credit union organized under the provisions
of this chapter shall include in its corporate name or title the words "credit union."
Any violation of this prohibition shall subject the party chargeable therewith to a penalty
of five hundred dollars ($500) for each day, with a maximum amount of fifty thousand dollars
($50,000), during which the violation is committed or repeated. The penalty may be recovered
by the administrator by an action instituted for that purpose, and, in addition to the penalty,...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-3.htm - 3K - Match Info - Similar pages

11-65-2
Section 11-65-2 Definitions. (a) The following words and phrases used in this chapter,
and others evidently intended as the equivalent thereof, shall, unless the context clearly
indicates otherwise, have the following respective meanings: (1) ALABAMA-BRED. When this term
is used with reference to a horse, it means a horse which is registered in the registry designated
and administered by a commission in accordance with such rules concerning domicile and registration
requirements as may be established by such commission and which is either (i) foaled from
a mare domiciled in the state during the 10-year period beginning with January 1, 1991, or
(ii) sired by an Alabama stallion and foaled from a mare domiciled in the state at any time
after the expiration of such 10-year period. (2) ALABAMA STALLION. A stallion which is standing
in the state at the time he is bred to the dam of an Alabama-bred horse, which is registered
with a commission, and which is owned or leased by a resident of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-2.htm - 17K - Match Info - Similar pages

37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state,
shall execute a compact, in substantially the following form, with the State of Mississippi,
and the Legislature approves and ratifies the compact in the form substantially as follows:
Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states
solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce,
industry, and employment opportunities for the public good and welfare in northeast Mississippi
and northwest Alabama through the establishment of a joint interstate authority to acquire
certain railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages

40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby
approved, adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article
I. Purposes. The purposes of this compact are to: 1. Facilitate proper determination of state
and local tax liability of multistate taxpayers, including the equitable apportionment of
tax bases and settlement of apportionment disputes. 2. Promote uniformity or compatibility
in significant components of tax systems. 3. Facilitate taxpayer convenience and compliance
in the filing of tax returns and in other phases of tax administration. 4. Avoid duplicative
taxation. Article II. Definitions. As used in this compact: 1. "State" means a state
of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory
or possession of the United States. 2. "Subdivision" means any governmental unit
or special district of a state. 3. "Taxpayer" means any corporation, partnership,
firm,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-27-1.htm - 42K - Match Info - Similar pages

27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama
hereby agrees to the following interstate compact known as the Interstate Insurance Product
Regulation Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of
joint and cooperative action among the compacting states: 1. To promote and protect the interest
of consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-60-2.htm - 45K - Match Info - Similar pages

10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise
requires, the following terms mean: (1) AFFILIATE. A person who controls, is controlled by,
or is under common control with another person. An affiliate of an individual includes the
spouse, or a parent or sibling thereof, of the individual, or a child, grandchild, sibling,
parent, or spouse of any thereof, of the individual, or an individual having the same home
as the individual, or a trust or estate of which an individual specified in this sentence
is a substantial beneficiary; a trust, estate, incompetent, conservatee, protected person,
or minor of which the individual is a fiduciary; or an entity of which the individual is director,
general partner, agent, employee or the governing authority or member of the governing authority.
(2) ASSOCIATE. When used to indicate a relationship with: (A) a domestic or foreign entity
for which the person is: (i) an officer or governing person; or (ii) a beneficial...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-1.03.htm - 25K - Match Info - Similar pages

5-17-2
Section 5-17-2 Procedure for organization and incorporation. (a) For the purposes of
this chapter, both a natural person credit union and a corporate credit union are considered
a credit union unless otherwise indicated. (b) The following may apply to the Administrator
of the Alabama Credit Union Administration for permission to organize a credit union: (1)
For a natural person credit union, any seven residents of the state. (2) For a corporate credit
union, any seven or more individuals each representing different natural person credit unions.
(c) A credit union is organized in the following manner: The applicants shall execute in duplicate
a certificate of organization by the terms of which they agree to be bound. The certificate
shall state: (1) the name and location of the proposed credit union, (2) the names and addresses
of the subscribers to the certificate and the number of shares subscribed by each, and (3)
the par value of the shares of the credit union. They shall next...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-2.htm - 3K - Match Info - Similar pages

5-17-8.1
Section 5-17-8.1 Investigatory and enforcement powers of administrator, board, designee,
etc. (a) The administrator or the administrator's designee, in consultation with the agency's
legal counsel acting under the administrator, may administer oaths and may examine under oath
any person whose testimony may be required on the examination of any credit union, or the
examination of any affiliate of a credit union, and shall have authority and power to compel
the appearance and attendance of any such person or the production of any records and documents
of any credit union or any affiliate of a credit union for the purpose of any examination.
Attendance or production may be enforced by order of the Circuit Court, 15th Judicial District.
The production of records, documents, or testimony, whether or not made under oath, by a credit
union or by any of its directors, officers, employees, advisors, consultants, attorneys, or
accountants made for, and at the request of, the administrator upon...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-8.1.htm - 4K - Match Info - Similar pages

5-17-8
Section 5-17-8 Reports to Administrator of Alabama Credit Union Administration; powers
of administrator. (a) Credit unions shall report to the Administrator of the Alabama Credit
Union Administration at least annually on or before January 31 in such manner and form as
required by the administrator for that purpose. Additional reports may be required. Credit
unions shall be examined at least every 18 months by employees of the administration or by
other persons designated by the administrator. For failure to file reports when due, unless
excused for cause by the administrator, the credit union shall pay to the State Treasurer
five dollars ($5) for each day of its delinquency. (b) If the administrator determines that
the credit union is violating this chapter, or is insolvent, the administrator may suspend
operations of the credit union by issuing an order requiring that the credit union cease operations
pending a hearing on the revocation of the certificate of approval, or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-8.htm - 13K - Match Info - Similar pages

5-17-55
Section 5-17-55 Credit Union Board created; composition; appeals. (a) There shall be
a Credit Union Board of the Alabama Credit Union Administration which shall consist of the
administrator, who shall be an ex officio member and chair of the board, and seven other persons,
appointed by the Governor, by and with the consent of the Senate. Four of these persons shall
be appointed from a list of nominees submitted by the Credit Union Board of the Alabama Credit
Union Administration, in consultation with the League of Southeastern Credit Union or its
successor organization, which shall submit not less than three nominees for any vacancy. Should
the Governor determine that none of the first three nominees submitted by the Credit Union
Board for a vacancy on the Credit Union Board are acceptable, the Governor may reject the
three nominees, and the Credit Union Board shall submit an alternative list of three nominees
to the Governor from which the Governor shall make the appointment. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-55.htm - 7K - Match Info - Similar pages