22-32-1
Section 22-32-1 Enactment of Southeast Interstate Low-Level Radioactive Waste Management Compact.
The Southeast Interstate Low-Level Radioactive Waste Management Compact is hereby enacted
into law and entered into by the State of Alabama with any and all states legally joining
therein in accordance with its terms, in the form substantially as follows: SOUTHEAST INTERSTATE
LOW-LEVEL RADIOACTIVE WASTE MANAGEMENT COMPACT Article I. Policy and Purpose There is hereby
created the Southeast Interstate Low-Level Radioactive Waste Management Compact. The party
states recognize and declare that each state is responsible for providing for the availability
of capacity either within or outside the state for the disposal of low-level radioactive waste
generated within its borders, except for waste generated as a result of defense activities
of the federal government or federal research and development activities. They also recognize
that the management of low-level radioactive waste is handled most...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-32-1.htm - 31K - Match Info - Similar pages

5-17-58
Section 5-17-58 Compensation and expenses of board members. No person appointed as member of
said Credit Union Board shall receive any compensation for his services; except, that each
appointed member of said Credit Union Board shall receive $25.00 per day for each day said
Credit Union Board is in session, but in no event to exceed $100.00 for each member of said
board during any one month, plus travel expenses payable pursuant to Article 2 of Chapter
7 of Title 36. The compensation going to the seven appointed members of the Credit Union Board
shall be paid as earned by the Treasurer on warrants drawn by the Comptroller, in favor of
each of them, which warrants are to be drawn on the certificate of the administrator of credit
unions, which certificate shall certify that a meeting of said board was held, stating the
time of meeting and stating the amount to which each member of the board is entitled. (Acts
1985, No. 85-457, p. 425, §35.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-58.htm - 1K - Match Info - Similar pages

5-17-44
Section 5-17-44 Removal from office of administrator or board member. (a) The administrator
or any member of the Credit Union Board may be removed from office by a vote of two thirds
of the members of the entire Credit Union Board for: (1) neglect of duty; (2) malfeasance;
(3) misfeasance; (4) extortion or corruption in office; (5) incompetency; (6) intemperance
in the use of intoxicating liquors or narcotics to such an extent, in view of the dignity
of the office and the importance of its duties, as to render such person unfit for the discharge
of his duties; or (7) any offense involving moral turpitude while in office, committed under
color thereof or connected therewith. (b) The administrator may also be removed from office,
without cause, upon written order of four appointed members of the Credit Union Board and
the Governor. (Acts 1985, No. 85-457, p. 425, §21.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-44.htm - 1K - Match Info - Similar pages

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.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-51.htm - 682 bytes - Match Info - Similar pages

5-17-29
Section 5-17-29 Penalties - Concealment of discounts or loans. Any officer, director, employee,
or committee member of a credit union who intentionally conceals from the directors or a committee
of such credit union any discount or loan made for and in behalf of the credit union between
the regular meetings of its board of directors or credit committee is guilty of a Class C
misdemeanor. (Acts 1989, No. 89-632, p. 1241, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-29.htm - 734 bytes - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-22.htm - 5K - Match Info - Similar pages

5-17-30
Section 5-17-30 Penalties - Overdraws; receipt of commission, emolument, etc., for procuring
loans. Any officer, director, committee member, or employee of a credit union who willfully
and knowingly overdraws his own account with such credit union and thereby obtains money or
funds of any such credit union except as specifically permitted by the written loan policy
of the board of directors or asks, receives, consents or agrees to receive any commission,
emolument, gratuity, or reward or any promise of any commission, emolument or reward, or any
money, property or thing of value or of personal advantage in procuring or endeavoring
to procure for any person, firm or corporation any loan from or the purchase or discount of
any paper, note, draft check or bill of exchange by any such credit union is guilty of a Class
C misdemeanor. (Acts 1989, No. 89-632, p. 1241, §4.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-30.htm - 1K - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-46.htm - 1K - Match Info - Similar pages

26-1A-208
institution, including renting a safe deposit box or space in a vault; (4) withdraw, by check,
order, electronic funds transfer, or otherwise, money or property of the principal deposited
with or left in the custody of a financial institution; (5) receive statements of account,
vouchers, notices, and similar documents from a financial institution and act with respect
to them; (6) enter a safe deposit box or vault and withdraw or add to the contents; (7) borrow
money and pledge as security personal property of the principal necessary to borrow
money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed
by the principal; (8) make, assign, draw, endorse, discount, guarantee, and negotiate promissory
notes, checks, drafts, and other negotiable or nonnegotiable paper of the principal or payable
to the principal or the principal's order, transfer money, receive the cash or other proceeds
of those transactions, and accept a draft drawn by a person upon...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-1A-208.htm - 2K - Match Info - Similar pages

5-17-8.1
beginning on the last date that the person ceased to be a director, officer, or employee of
the credit union. (e) If the directors or officers of any credit union unreasonably or willfully
violate, or unreasonably or willfully permit any of the officers, agents, or employees of
the credit union to violate any of the provisions of this title, each and every director or
officer engaging in such knowing and willful violation or knowing and willful permission shall
be liable in his or her personal and individual capacity for all damages that the credit
union or any other person sustained in consequence of the violation. The administrator may
use enforcement powers to seek restitution for or on behalf of the credit union for damages
resulting from such violations. Further, the administrator shall have standing to intervene
in any court action arising out of or relating to such violation in order to protect the interests
of the administrator, examiners, administrator's designee or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-8.1.htm - 4K - Match Info - Similar pages