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41-14A-9
Section 41-14A-9 Procedures for payment of losses. (a) When the State Treasurer becomes
aware that a default or insolvency has occurred, the State Treasurer shall provide notice
as required in subsection (b) and implement the following procedures: (1) The State Treasurer
shall obtain information from the Superintendent of Banks of the State Banking Department
or the receiver of the qualified public depository in default in order to ascertain the amount
of funds of each public depositor on deposit at such depository and the amount of deposit
insurance applicable to such deposits. (2) The potential loss to public depositors shall be
calculated by compiling claims received from public depositors. The State Treasurer shall
validate claims of public depositors who filed claims under subsection (b) and which have
been confirmed under subdivision (1). (3) The loss to public depositors shall be satisfied,
insofar as possible, first through any applicable deposit insurance and then through the...
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5-20-7
Section 5-20-7 Supervision and enforcement. (a) All credit card banks organized under
the laws of this state shall be subject to the supervision, regulation, and examination of
the superintendent and the superintendent shall have all enforcement powers with respect thereto
as are provided in this title. (b) In the event any credit card bank does not conduct its
business consistent with the provisions of Section 5-20-4, the superintendent may require
such credit card bank to cease all unauthorized activities, and may issue cease and desist
orders and exercise any other rights or powers provided by this title, including, but not
limited to, seeking equitable or legal remedies. In the event such credit card bank fails
to abide by any order or written agreement with the superintendent, the superintendent may
in addition to all other rights, remedies, and powers it may have under this title: (1) Impose
upon the credit card bank or any of its controlling or investor bank holding companies,...
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16-46-5
Section 16-46-5 License for operation of schools; fees; financial stability. (a) No
private postsecondary institution, except those enumerated in Section 16-46-3, shall
operate within this state unless the private postsecondary institution first secures a license
from the Department of Postsecondary Education, regardless of whether the private postsecondary
institution enrolls Alabama students or has a physical presence within the State of Alabama.
Procedures for licensing and bonding of private postsecondary institutions operating courses
in separate locations shall be established in the rules and regulations pursuant to Section
16-46-7. (b) For all applicable private postsecondary schools or institutions that apply for
a license and that meet the criteria identified in this section, the Department of
Postsecondary Education shall issue a license to be publicly displayed on the premises where
the private postsecondary institution operates. (c) The application for a license for a...
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27-7-5.1
Section 27-7-5.1 Licenses - Limited license for motor vehicle rental companies. (a)
As used in this section, the following terms shall have the following meanings: (1)
RENTAL AGREEMENT. Any written agreement setting forth the terms and conditions governing the
use of a vehicle provided by the rental company for rental or lease. (2) RENTAL COMPANY. Any
person or entity in the business of providing rental vehicles to the public under a rental
agreement for a period not to exceed 90 days. (3) RENTAL PERIOD. The term of the rental agreement.
(4) RENTER. Any person obtaining the use of a vehicle from a rental company under the terms
of a rental agreement for a period not to exceed 90 days. (5) VEHICLE OR RENTAL VEHICLE. A
motor vehicle of the private passenger type (including passenger vans, minivans, and sport
utility vehicles) and of the cargo type (including cargo vans, pickup trucks, and trucks with
gross vehicle weight of less than 26,000 pounds, which do not require the operator to...
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27-7-5.3
Section 27-7-5.3 Licenses - Limited license for self-service storage facility. (a) As
used in this section, the following terms shall have the following meanings: (1) LIMITED
LICENSEE. A person or entity authorized to sell certain coverages for personal property maintained
in self-service storage facilities pursuant to this section. (2) OCCUPANT. A person,
his or her sublessee, successor, or assign entitled to the use of the storage space at a self-service
storage facility under a rental agreement, to the exclusion of others. (3) OWNER. The owner,
operator, lessor, or sublessor of a self-service storage facility, his or her agent, or any
other person authorized by him or her to manage the self-service storage facility or to receive
rent from an occupant under a rental agreement. (4) PERSONAL PROPERTY. Any movable property
not affixed to land including, but not limited to, goods, wares, merchandise, motor vehicles,
watercraft, and household items and furnishings. (5) RENTAL AGREEMENT....
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34-24-360
Section 34-24-360 Restrictions, etc., on license; grounds. The Medical Licensure Commission
shall have the power and duty to suspend, revoke, or restrict any license to practice medicine
or osteopathy in the State of Alabama or place on probation or fine any licensee whenever
the licensee shall be found guilty on the basis of substantial evidence of any of the following
acts or offenses: (1) Fraud in applying for or procuring a certificate of qualification to
practice medicine or osteopathy or a license to practice medicine or osteopathy in the State
of Alabama. (2) Unprofessional conduct as defined herein or in the rules and regulations promulgated
by the commission. (3) Practicing medicine or osteopathy in such a manner as to endanger the
health of the patients of the practitioner. (4) Conviction of a felony; a copy of the record
of conviction, certified to by the clerk of the court entering the conviction, shall be conclusive
evidence. (5) Conviction of any crime or offense which...
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34-27A-7
Section 34-27A-7 Application for licensure and examination; fees; pledge; conditions.
(a) Applications for original license, renewal license, and examinations shall be made in
writing to the board on forms approved by the board. (b) Appropriate fees, as fixed by the
board pursuant to Section 34-27A-6, shall accompany all applications for original license,
renewal license, and examination. (c) At the time of filing an application for license for
any real property appraiser classification, each applicant shall sign a pledge to comply with
the standards set forth in this article and state that he or she understands the types of
misconduct for which disciplinary proceedings may be initiated against a licensed real property
appraiser, as set forth in this article. (d) A license for any real estate appraiser classification
shall be issued only to, and held only by a person who meets all of the requirements of the
following subdivisions (1) through (7) below and either subdivision (8) or (9)...
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45-22-40
Section 45-22-40 Branch banks authorized. (a) After, August 13, 1987, any established
bank which is authorized by its charter or by law to do a general banking business in Cullman
County may, with the written consent of the State Banking Department, open, establish, and
operate branch banks, branch offices, or places for doing a banking business anywhere within
the county, any other provision of law to the contrary notwithstanding. (b) Any bank situated
or having an authorized place of business in any municipality within Cullman County, may with
the approval of the Superintendent of Banks of the State of Alabama, establish, maintain,
and operate branch banks, or additional offices or places of business within such municipality
in which such bank is located, for the receipt of deposits, payment of checks, making of loans,
and conducting a general banking business. (c) The provisions of this section are cumulative
and are in addition to any other provisions of law providing for branch...
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5-13B-26
Section 5-13B-26 Examinations; periodic reports; cooperative agreements; assessment
of fees. (a) To the extent consistent with subsection (c), the superintendent may make such
examinations of any branch established and maintained in this state pursuant to this article
by an out-of-state state bank as the superintendent may deem necessary to determine whether
the branch is being operated in compliance with the laws of this state and in accordance with
safe and sound banking practices. The provisions of Chapter 3A, Title 5, shall apply to such
examinations. (b) The superintendent may prescribe requirements for periodic reports regarding
any out-of-state bank that operates a branch in Alabama pursuant to this article. The required
reports shall be provided by such bank or by the bank supervisory agency having primary responsibility
for such bank. Any reporting requirements prescribed by the superintendent under this subsection
shall be (1) consistent with the reporting requirements...
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5-13B-40
Section 5-13B-40 Purpose. (a) This article is intended generally to provide for state
regulation of the participation by foreign banks in the financial markets of this state. (b)
Consistent with the federal International Banking Act, the Bank Holding Company Act, the Federal
Deposit Insurance Act, and the Interstate Banking and Branching Efficiency Act, this article
is intended specifically: (1) To authorize banking activities and operations, under state
licenses issued by the superintendent, of direct branch and agency offices in this state of
foreign banks, generally under terms and conditions not less favorable than the terms and
conditions under which such activities and operations may be conducted by federal branch or
agency offices of foreign banks in the United States, and to set forth a statutory framework
for the licensing, regulation and supervision of such state-licensed offices of foreign banks
by the superintendent to assure the safe and sound operation of such offices...
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