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16-18B-13
Section 16-18B-13 Refunding bonds. Pursuant to the provisions of the aforesaid amendment and
this article, the corporation may, at any time and from time to time, issue for the state
refunding bonds of the state for the purpose of refunding any or all of the bonds authorized
by the amendment then outstanding (including any refunding bonds that may have been previously
issued), whether such refunding shall occur before, at or after the maturity of the bonds
to be refunded. In the discretion of the corporation, refunding bonds may be issued in exchange
for such outstanding bonds or they may be sold and the proceeds thereof applied to the purchase,
redemption or payment of outstanding bonds. Refunding bonds to be sold pursuant hereto may
be issued in such principal amount or amounts as shall be determined by the corporation. Pending
the application of the proceeds of refunding bonds issued in accordance with this section,
such proceeds, together with investment income therefrom, and...
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16-33A-5
Section 16-33A-5 Basic powers and duties of ACHE. (a) Basic powers. The ACHE is authorized
and empowered to promulgate such rules, regulations, policies and procedures as may be reasonable
and proper in order to carry out the provisions and purposes of this chapter. Without limiting
the generality of the foregoing, the ACHE is authorized and empowered: (1) To make reasonable
rules, regulations and determinations concerning the qualification of applicants as Alabama
residents or as eligible students and the qualification of institutions as approved institutions
as defined in this chapter; (2) To alter or amend the definition of "eligible student"
in order to enable the program to meet the requirements of the state or federal constitutions
or any applicable statute, administrative regulation or judicial decision, if such alteration
is deemed both necessary and reasonable; (3) To determine the extent to which applicants,
including part-time students, shall be eligible for grants under...
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16-33C-4.1
Section 16-33C-4.1 Composition of PACT board. (a) The PACT board shall consist of 15 members
as follows: (1) The Director of Finance. (2) The State Treasurer. (3) Two persons appointed
by the Governor. (4) Two persons appointed by the Speaker of the House of Representatives,
one of whom shall be a PACT contract holder. (5) One person appointed by the Lieutenant Governor.
(6) One person appointed by the Senate President Pro Tempore. (7) The President of the Council
of College and University Presidents or his or her designee. (8) The Chancellor of the Postsecondary
Education Department or his or her designee. (9) The Executive Director of the Alabama Commission
on Higher Education. (10) One member of the House of Representatives appointed by the Speaker
of the House of Representatives. (11) One member of the Senate appointed by the Lieutenant
Governor. (12) The Chief Executive Officer of the Retirement Systems of Alabama or his or
her designee. (13) The President of the Alabama...
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16-33C-4
Section 16-33C-4 Composition of ACES board. (a) The Savings Board shall consist of 11 members
as follows: (1) The Lieutenant Governor, or his or her designee. (2) The Executive Director
of the Alabama Commission on Higher Education (ACHE), or his or her designee. (3) The State
Treasurer. (4) The Chancellor of the Alabama Community College System, or his or her designee.
(5) One person appointed by the Council of College and University Presidents. (6) One person
appointed by the Speaker of the House of Representatives. (7) One person appointed by the
Lieutenant Governor. (8) One person appointed by the State Treasurer. (9) Two persons appointed
by the Governor. (10) One person appointed by the State Treasurer who has experience in health
and disability related matters. (b) Members shall serve for terms of office of four years
and shall be eligible for reappointment, and shall serve until a successor is appointed. Any
person appointed to fill a vacancy on the Savings Board shall be...
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22-21-293
Section 22-21-293 Financial responsibility for out-of-county indigent patients treated at a
regional referral hospital. Ultimate financial responsibility for treatment received at a
regional referral hospital by a certified indigent patient, who is a resident of the State
of Alabama but is not a resident of the county in which the regional referral hospital is
located, shall be the obligation of the county of which the certified indigent patient is
a resident. A county's annual financial responsibility for each of its resident certified
indigent patients receiving treatment at a regional referral hospital shall be limited to
payment for 30 days or the number of days of services allowed per annum for the care of Medicaid
patients through the State Medicaid Program at the time of the patient's hospitalization,
whichever shall be less, at the per diem reimbursement rate currently in effect for the regional
referral hospital under the medical assistance program for the needy under Title...
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33-5-11
Section 33-5-11 Certificates of registration and numbers generally - Application for and issuance
of certificate and number; certificate requirements; distinctive identification stickers;
replacement stickers; fees; rules. (a) The owner of each vessel requiring numbering by this
state shall file an application for a number with the probate judges' offices, or license
commissioner, in the county of residence of the purchaser, or the county in which the vessel
is domiciled, or in the county where the vessel is purchased on forms approved by the Alabama
State Law Enforcement Agency. The application shall be filed by the owner of the vessel and
shall be accompanied by a fee in accordance with Section 33-5-17. Upon receipt of the application
and its approval by the authorized issuing official, the official shall enter the same upon
the records and issue to the applicant a certificate of registration stating the number awarded
to the vessel, the name and address of the owner, and a...
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35-12-71
Section 35-12-71 Definitions. As used in this article, unless the context otherwise requires,
the following terms shall have the meanings respectively ascribed to them by this section:
(1) APPARENT OWNER. A person whose name appears on the records of a holder as the person entitled
to property held, issued, or owing by the holder. (2) BUSINESS ASSOCIATION. A corporation,
joint stock company, investment company, partnership, unincorporated association, joint venture,
limited liability company, business trust, trust company, safe deposit company, financial
organization, insurance company, mutual fund, utility, or other business entity consisting
of one or more persons, whether or not for profit. (3) DOMICILE. The state of incorporation
of a corporation and the state of the principal place of business of a holder other than a
corporation. (4) FINANCIAL ORGANIZATION. A savings and loan association, building and loan
association, industrial loan organization, credit union, cooperative bank,...
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41-9-218
Section 41-9-218 Definitions. As used in this article, the following terms shall have the following
meanings: (1) APPLICABLE PERCENTAGE. Zero percent for the first credit allowance date, 8.33
percent for the next six credit allowance dates, for the total of 50 percent. (2) CREDIT ALLOWANCE
DATE. With respect to any qualified equity investment, the date on which such investment is
initially made and each of the six anniversary dates of that date thereafter. (3) DEPARTMENT.
The Department of Commerce. (4) LONG-TERM DEBT SECURITY. Any debt instrument issued by a qualified
community development entity, at par value or a premium, with an original maturity date of
at least seven years from the date of its issuance, with no acceleration of repayment, amortization,
or prepayment features prior to its original maturity date. The qualified community development
entity that issues the debt instrument may not make cash interest payments on the debt instrument
during the period beginning on the...
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11-54A-9
Section 11-54A-9 Powers of authority; all projects to be in development area. (a) The authority
shall have the following powers, together with all powers incidental thereto or necessary
to the discharge thereof in corporate form: (1) To have succession by its corporate name for
the duration of time, which may be perpetuity, subject to Section 11-54A-20, specified in
its certificate of incorporation. (2) To sue and be sued in its own name and to prosecute
and defend civil actions in any court having jurisdiction of the subject matter and of the
parties. (3) To adopt and make use of a corporate seal and to alter the same at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, whether by purchase, construction, exchange, gift, lease, or otherwise and
to refinance existing indebtedness on, improve, maintain, equip, and furnish one or more projects,
including all real and personal properties which the board of the authority may...
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11-92C-8
Section 11-92C-8 Powers of authority. (a) The authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To have succession by its corporate name for the duration of time, which may be in perpetuity,
subject to Section 11-92C-20, specified in its certificate of incorporation. (2) To sue and
be sued in its own name and to prosecute and defend civil actions in any court having jurisdiction
of the subject matter and of the parties; provided that the authority shall be deemed to be
a governmental entity as defined in Chapter 93 of this title for the purpose of limiting the
damages for which the authority may be liable. (3) To adopt and make use of a corporate seal
and to alter the seal at its pleasure. (4) To adopt and alter bylaws for the regulation and
conduct of its affairs and business. (5) To acquire, whether by purchase, construction, exchange,
gift, lease, or otherwise, and to refinance existing...
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