25-4-10
Section 25-4-10 Employment. (a) Subject to other provisions of this chapter, "employment"
means: (1) Any service performed prior to January 1, 1978, which was employment as defined
in this section prior to such date and, subject to the other provisions of this section,
services performed for remuneration after December 31, 1977, including service in interstate
commerce, by: a. Any officer of a corporation; or b. Any individual who, under the usual common
law rules applicable in determining the employer-employee relationship, has the status of
an employee; or c. Any individual other than an individual who is an employee under paragraphs
a. or b. of this subdivision (1) who performs services for remuneration for any person: 1.
As an agent-driver or commission-driver engaged in distributing meat products, bakery products,
beverages (other than milk) or laundry or dry cleaning services for a principal; 2. As a traveling
or city salesman engaged upon a full-time basis in the solicitation on...
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5-17-51
Section 5-17-51 Immunity from personal liability. Neither the administrator, any member
of the Credit Union Board nor any special agent or employee of the Alabama Credit Union Administration
shall be personally liable for any acts done in good faith while in the performance of his
or her duties as provided by law. (Acts 1985, No. 85-457, p. 425, §28; Act 2016-133, §1.)...

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5-17-46
Section 5-17-46 Policies, regulations, and interpretations; review for ratification;
procedure for adopting, amending or repealing. (a) The administrator may, with the concurrence
of a majority of the members of the Credit Union Board, promulgate such reasonable regulations,
consistent with the laws of this state, as may be necessary to carry out the laws over which
the Alabama Credit Union Administration has jurisdiction. The administrator shall, in addition,
issue written interpretations of credit union laws and regulations. Any credit union and any
officer or director thereof relying on any regulation or interpretation shall be fully protected
even though the same regulation or interpretation shall be thereafter ruled invalid for any
reason by a court of competent jurisdiction. (b) Any policy or written interpretation or credit
union laws and regulations shall be reviewed for ratification by the Credit Union Board within
90 days after written request for an interpretation by any...
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5-17-22
Section 5-17-22 Merger and conversion procedures. Any credit union, with the approval
of the Administrator of the Alabama Credit Union Administration, may merge with another credit
union, under the existing certificate of organization of the other credit union, pursuant
to any plan agreed upon by the majority of each board of directors of each credit union joining
in the merger. In addition to approval by the administrator and each board of directors, the
membership of the merging credit union must also approve the merger plan in the following
manner: (1) At a meeting called for that purpose, notice of which purpose must be contained
in the call, two-thirds of those voting may vote to approve the merger plan. Voting must be
conducted in accordance with the bylaws of the credit union. The notice must be provided to
the members at least 45 calendar days, but no more than 90 calendar days, prior to the date
of the meeting. (2) After agreement by the directors and approval by the members...
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22-35-6
Section 22-35-6 Alabama Underground and Aboveground Storage Tank Trust Fund Management
Board created; composition; powers and duties; compensation. (a) There is hereby created the
Alabama Underground and Aboveground Storage Tank Trust Fund Management Board, hereinafter
referred to as the "management board," comprised of nine voting members: One member
appointed by the Governor for a three-year term, one member appointed by the Lieutenant Governor
for a three-year term, one member appointed by the Senate President Pro Tempore for a two-year
term, one member appointed by the Speaker of the House of Representatives for a two-year term,
and one member appointed by the Speaker Pro Tempore for a one-year term, all of whom are from
a list of qualified individuals for each position provided by the governing body of the Petroleum
and Convenience Marketers of Alabama; and additionally, one member appointed by the Speaker
of the House of Representatives for a one-year term from a list of...
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34-5-13
Section 34-5-13 Board of Barber Examiners. There is hereby created the Alabama Board
of Barber Examiners, to consist of five persons. Such board shall be appointed by the Governor
of the State of Alabama, one person appointed for the term of one year, one person for a term
of two years, one person for a term of three years, one person for a term of four years, and
one person for a term of five years and until their successors are appointed and qualified.
Each member of the board shall be a practicing registered barber, who has followed the occupation
of barbering for five continuous years in Alabama prior to his or her appointment. The succeeding
members of the board shall serve for five years. Vacancies caused by death, resignation, or
otherwise shall be filled by the remaining members of the board. Members appointed to fill
vacancies shall serve for the unexpired term of their predecessors. The board may do all things
necessary and convenient for enforcing the provisions of this...
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5-17-10
Section 5-17-10 Election of board of directors, credit committee, and supervisory committee.
At the annual meeting (the organization meeting shall be the first annual meeting), members
of the credit union shall elect a board of directors of not less than five members, may elect
a credit committee of not less than three members, and shall elect a supervisory committee
of not less than three members, all to hold office for such terms respectively as the bylaws
provide and until successors qualify. A record of the names and addresses of the members of
the board and committees and the officers shall be filed with the Administrator of the Alabama
Credit Union Administration not later than 10 calendar days after their election. If, however,
the bylaws so provide, the board of directors shall carry out the functions and duties of
the credit committee or may appoint a credit committee, in which case the credit union shall
not elect a credit committee. (Acts 1927, No. 597, p. 696; Code 1940, T....
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5-17-13
Section 5-17-13 Powers and duties of supervisory committee. (a) The supervisory committee
shall make or cause to be made a comprehensive annual audit of the books and affairs of the
credit union and shall submit a report of that audit to the board of directors and summary
of that report to the members at the next annual meeting of the credit union. It shall make
or cause to be made such supplementary audits or examinations as it deems necessary or as
are required by the Administrator of the Alabama Credit Union Administration or by the board
of directors and submit reports of these supplementary audits to the board of directors. (b)
The supervisory committee shall cause the accounts of the members to be verified with the
records of the credit union from time to time and not less frequently than every two years.
(c) The administrator may define the scope of any audit and may set out what procedures must
be followed for an audit to qualify as the required annual audit. He or she may...
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5-17-17
Section 5-17-17 Loans to members, directors, officers, etc. Loans are made subject to
the conditions contained in the bylaws. A borrower may repay his loan in whole or in part
any day the office of the credit union is open for business. Provided that loans to directors,
officers or members of a committee are not prohibited in the bylaws, it shall be the duty
of the board of directors to establish a written policy concerning loans to a director, officer
or member of a committee. If it is the policy of the credit union to make directors, officers
and members of a committee eligible for loans, such loans will be made under the same terms,
conditions and rules as similar loans to other members. In no case may the credit committee
make a loan to a director, officer or member of a committee under the terms more favorable
than the terms of similar loans to other members. The credit committee shall at least monthly
submit to the board of directors a listing of all loans made to directors,...
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5-17-6
Section 5-17-6 Withdrawal of members; expulsion for cause; termination of membership;
readmission. (a) Any member may withdraw from the credit union at any time, but notice of
withdrawal may be required. All amounts paid on shares or as deposits of an expelled or withdrawing
member, with any dividends or interest accredited thereto to the date thereof shall, as funds
become available and after deducting all amounts due from the member to the credit union,
be paid to the individual. The credit union may require 60 days' notice of intention to withdraw
shares and 30 days' notice of intention to withdraw deposits. A credit union may reserve in
its bylaws the right to pay out not more than one half of its monthly receipts to withdrawing
members and depositors. (b) The board of directors may expel a member for cause by a majority
vote of a quorum of directors, pursuant to a written policy adopted by the board. For the
purposes of this section, cause includes a loss to the credit union, a...
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