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5-17-12
Section 5-17-12 Powers and duties of credit committee. The credit committee shall have the
general supervision of all loans to members. Applications for loans shall be on a form prepared
by the credit committee and all applications shall set forth the purpose for which the loan
is desired, the security, if any offered, and such other data as may be required. At least
a majority of the members of the credit committee shall pass on all loans, and approval must
be unanimous; except, that the credit committee may appoint one or more loan officers and
delegate to the officer or officers the power to approve loans in accordance with loan policies
approved by the board of directors of the credit union. (Acts 1927, No. 597, p. 696; Code
1940, T. 28, §291; Acts 1971, No. 2294, p. 3698; Acts 1977, No. 210, p. 282, §2; Acts 1983,
No. 83-772, p. 1407, §1; Act 2016-133, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-12.htm - 1K - Match Info - Similar pages
5-17-45
Section 5-17-45 Legislative findings; powers of credit unions; agreements; reports. (a) The
Legislature finds as fact and determines that the credit unions having their principal place
of business in Alabama must keep pace with technological and other improvements constantly
being made throughout the United States so as to enable Alabama credit unions to render better
and more efficient services to their members. It is necessary and desirable that the administrator
be given additional authority in these fields. (b) The administrator is hereby authorized
to expand powers of Alabama credit unions in order to accomplish both of the following: (1)
Accommodate or take advantage of changing technologies. (2) Assure the ability of Alabama
credit unions to be responsive in their business to the needs and conveniences demanded by
credit union members through on-premises as well as off-premises operations; provided, that
nothing in this section shall enable the administrator to authorize credit...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-45.htm - 3K - Match Info - Similar pages
16-6D-6
Section 16-6D-6 Innovation plan. (a) The innovation plan of a local school system shall include,
at a minimum, all of the following: (1) The school year that the local school system expects
the school flexibility contract to begin. (2) The list of state laws, regulations, and policies,
including rules, regulations, and policies promulgated by the State Board of Education and
the State Department of Education, that the local school system is seeking to waive in its
school flexibility contract. (3) A list of schools included in the innovation plan of the
local school system. (b) A local school system is accountable to the state for the performance
of all schools in its system, including innovative schools, under state and federal accountability
requirements. (c) A local school system may not, pursuant to this chapter, waive requirements
imposed by federal law, requirements related to the health and safety of students or employees,
requirements imposed by ethics laws, requirements imposed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-6D-6.htm - 5K - Match Info - Similar pages
5-19-21
Section 5-19-21 Administrator authorized to make rules and regulations; filing notice of intended
action with Legislative Reference Service; transactions entered into after May 20, 1996. (a)
The administrator is authorized and empowered to promulgate rules and regulations and official
interpretations (collectively "regulations") as may be necessary or appropriate
for the execution and enforcement of this chapter. The administrator or, if authorized by
regulation, the administrator's designee, or both, may also issue written interpretations
of consumer finance statutes and regulations and this chapter. (b)(1) Prior to the adoption,
amendment, or repeal of any regulation, the administrator shall give at least 35 days' notice
of its intended action by filing notice of intended action with the Legislative Reference
Service for publication in the Alabama Administrative Monthly. The date of publication in
the Alabama Administrative Monthly shall constitute the date of notice. The notice...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19-21.htm - 6K - Match Info - Similar pages
16-47-77
Section 16-47-77 Board of Dental Scholarship Awards - Powers and duties. The Board of Dental
Scholarship awards shall have power and authority to make reasonable rules and regulations
not inconsistent with the laws of this state as may be necessary for the regulation of its
proceedings and for the discharge of the duties imposed on it. The board shall receive and
review all applications for scholarship loans and awards, and for loans awarded under the
Alabama Dental Service Program, shall make a careful and thorough investigation of the ability,
character, and qualifications of each applicant, and shall be responsible for the further
administration of the scholarship loans and awards and of the program, subject to the provisions
of this article. Also, the board annually shall report on the condition and accomplishments
of the program to the Governor, Lieutenant Governor, Speaker of the House, President Pro-Tem
of the Senate and the chairs of the House and Senate health committees. The...
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34-22-61
Section 34-22-61 Powers and duties of board. (a) The Board of Optometric Scholarship Awards
shall have power and authority to make reasonable rules and regulations not inconsistent with
the laws of this state, as may be necessary for the regulation of its proceedings and for
the discharge of the duties imposed upon it. The board shall receive and review all applications
for scholarship loans and awards; shall make a careful and thorough investigation of the ability
and character and qualifications of each applicant; and shall be responsible for the further
administration of the scholarship program subject to the provisions of this article. (b) Any
appropriation made to the Board of Optometric Scholarship Awards or otherwise received by
the board remaining at the end of any fiscal year shall remain with the board and shall not
revert to any other fund. (Acts 1982, No. 82-460, p. 735, §3; Act 2012-476, p. 1319, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-22-61.htm - 1K - Match Info - Similar pages
34-27C-3
Section 34-27C-3 Powers of the board. (a) The board shall have the following powers: (1) In
accordance with the Administrative Procedure Act, to adopt rules not in conflict with the
laws of this state which are reasonable, proper, and necessary to carry out the functions
of the board in the regulation of persons engaged in providing security officers within this
state. Any interested person may petition the board to adopt, amend, or repeal any rule and
the board shall prescribe by rule any necessary forms for petitions and procedures for submission,
consideration, and disposition of petitions. (2) To enforce compliance with this chapter.
(3) To establish rules and procedures for the preparation and processing of examinations,
applications, license certificates, certification cards, licensure cards, renewals, appeals,
hearings, and rulemaking proceedings. (4) To determine the qualifications of licensees, certified
trainers, and security officers consistent with this chapter. (5) To levy...
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45-37-123.22
designation, appoint at its option an investment manager, qualified under the Investment Company
Act of 1940, as amended, investment adviser, or other agent to provide direction regarding
any or all of the plan assets. Such appointment shall specifically identify the plan assets
with respect to which the investment manager or other agent shall have authority to direct
the investment. (12) To establish an investment policy. (13) To establish a privacy policy
for the protection of a member's personal information, subject to applicable law. (14)
To hold an annual meeting of the members at least once per calendar year and provide at least
seven days' written notice of the meeting to all members at either their place of work, last
known address, or by electronic mail. (15) To determine appropriate rules and regulations
to determine how much service per calendar year is equivalent to one year of service, in accordance
with Section 45-37-123.84. (16) To develop rules and regulations, amend...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.22.htm - 5K - Match Info - Similar pages
5-17-7
Section 5-17-7 Operating fees; fee filed with certificate of organization. (a) All state chartered
credit unions shall pay an annual operating fee and, if deemed necessary by the administrator,
an assessment, the exact amount of which shall be fixed from time to time by the Administrator
of the Alabama Credit Union Administration. (b) Except as hereinafter provided, the annual
operating fee set by the administrator shall not exceed the fee calculated by use of the following
scale or the administrator may authorize payment of the schedule used by federal credit unions
if the administrator determines it to be appropriate: (1) Credit unions having total assets
of less than $500,000.00 shall pay a fee not in excess of $.12 for each $100.00 of assets,
subject to a minimum of $200.00. (2) Credit unions with assets of $500,000 but not in excess
of $1,000,000 shall pay a fee of $600 plus $.05 per $100 of assets over $500,000 but not in
excess of $1,000,000; credit unions with assets of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-17-7.htm - 6K - Match Info - Similar pages
5-2A-8
Section 5-2A-8 Superintendent - Promulgation and interpretation of regulations. The superintendent
may, with the concurrence of a majority of the members of the State Banking Board or as otherwise
provided in this title, promulgate such reasonable regulations, consistent with the laws of
this state, as may be necessary to carry out the provisions of this title over which the State
Banking Department has jurisdiction. The superintendent shall, in addition, issue written
interpretations of banking laws and regulations. Any bank or bank holding company and any
officer or director thereof relying on any regulation or interpretation shall be fully protected
even though the same shall be thereafter ruled invalid for any reason by a court of competent
jurisdiction. (Acts 1980, No. 80-658, p. 1259, §5-2-10; Acts 1985, No. 85-457, p. 425, §3;
Acts 1995, No. 95-115, p. 134, §69; Act 2013-352, p. 1261, §1.)...
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