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11-65-16
Section 11-65-16 Review of application for horse racing facility license. (a) A commission
shall promptly consider any application for the issuance or transfer of a horse racing facility
license submitted to it and shall grant or deny the issuance or transfer of such license based
on all information before it, including the results of investigations it deems appropriate.
A commission shall deny the issuance of an original horse racing facility license to any applicant
unless it finds that the applicant's facility will meet the following minimum standards: (1)
That the facilities will provide a track racing surface of at least one mile; (2) That the
facility will be appropriate for the conduct of horse racing year-round and at night; and
(3) That the facility will be located within the boundaries of the commission municipal jurisdiction
or will be located on land in the host county and annexed to the sponsoring municipality prior
to the commencement of racing. (b) A commission shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-16.htm - 6K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
5-26-18
Section 5-26-18 Mortgage call reports. Each person employing a mortgage loan originator licensed
under this chapter shall submit to the Nationwide Mortgage Licensing System and Registry reports
of condition, which shall be in such form and shall contain such information as the Nationwide
Mortgage Licensing System and Registry may require. (Act 2009-627, p. 1907, ยง18.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-26-18.htm - 676 bytes - Match Info - Similar pages
5-26-14
Section 5-26-14 Surety bond required. (1) Coverage, form and regulations. Each mortgage loan
originator shall be covered by a surety bond in accordance with this section. In the event
that the mortgage loan originator is an employee or exclusive agent of a person subject to
the Alabama Consumer Credit Act or Mortgage Brokers Licensing Act, the surety bond of such
person subject to the Alabama Consumer Credit Act or Mortgage Brokers Licensing Act can be
used in lieu of the mortgage loan originator's surety bond requirement. (a) The surety bond
shall provide coverage for each mortgage loan originator in an amount as prescribed in subsection
(2). (b) The surety bond shall be in a form as prescribed by the supervisor. (c) The supervisor
may promulgate rules or regulations with respect to the requirements for such surety bonds
as are necessary to accomplish the purposes of this chapter. (2) Penal sum of surety bond.
The penal sum of the surety bond shall be maintained in an amount that...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-26-14.htm - 1K - Match Info - Similar pages
5-26-11
Section 5-26-11 Authority to require license. In addition to any other duties imposed upon
the supervisor by law, the supervisor shall require mortgage loan originators to be licensed
and registered through the Nationwide Mortgage Licensing System and Registry. In order to
carry out this requirement the supervisor is authorized to participate in the Nationwide Mortgage
Licensing System and Registry. For this purpose, the supervisor may establish by rule/regulation
or order requirements as necessary, including but not limited to: (1) BACKGROUND CHECKS. Background
checks for: (a) Criminal history through fingerprint or other databases; (b) Civil or administrative
records; (c) Credit history; or (d) Any other information as deemed necessary by the Nationwide
Mortgage Licensing System and Registry. (2) FEES. The payment of fees to apply for or renew
licenses through the Nationwide Mortgage Licensing System and Registry; (3) SETTING DATES.
The setting or resetting as necessary of renewal or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-26-11.htm - 1K - Match Info - Similar pages
5-1A-10
Section 5-1A-10 Use of lender information or trade name in solicitations. (a) For purposes
of this section, the following terms shall have the following meanings: (1) LENDER. A bank,
industrial bank, savings and loan association, savings bank, credit union, finance company,
mortgage bank, mortgage broker, loan originator or holder of the loan, or other person who
makes loans in this state, and any affiliate thereof, or any third party operating with the
consent of the lender. A person shall not be considered a lender based on the person's former
employment with the lender. (2) PERSON. Any individual, firm, corporation, partnership, organization,
association, or other legal entity. (b) A person other than the lender may not use the trade
name or trademark of the lender or a trade name or trademark confusingly similar to that of
the lender in a solicitation for the offering of services or products without the consent
of the lender unless the solicitation clearly and conspicuously states...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-1A-10.htm - 4K - Match Info - Similar pages
5-26-13
Section 5-26-13 Enforcement authorities, violations, and penalties. (1) In order to ensure
the effective supervision and enforcement of this chapter the supervisor may: (a) Deny, suspend,
revoke, condition, or decline to renew a license for a violation of this chapter, rules or
regulations issued under this chapter or order or directive entered under this chapter, or
for failure to comply with any other state or federal law, including the rules and regulations
thereunder, applicable to any business authorized or conducted under this act. (b) Deny, suspend,
revoke, condition, or decline to renew a license if an applicant or licensee fails at any
time to meet the requirements of Section 5-26-6 or Section 5-26-9, or withholds information
or makes a material misstatement in an application for a license or renewal of a license.
(c) Order restitution against persons subject to this chapter for violations of this chapter.
(d) Impose fines on persons subject to this chapter pursuant to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-26-13.htm - 3K - Match Info - Similar pages
38-7-6
Section 38-7-6 License to operate or conduct child-care facility - Renewal; reexamination;
renewal of approval of boarding home. (a) A licensed or approved child-care facility operating
under this chapter shall apply for renewal of its license or approval, the application to
be made to the department on forms prescribed by it; provided, however, that application for
renewal of approval of a boarding home may be made to the licensed child-placing agency which
issued the approval. (b) The department shall reexamine every child-care facility for renewal
of license or approval, including in that process, but not limited to, the examination of
the premises and records of the facility and the persons responsible for the care of children
as the department considers necessary to determine that minimum standards for licensing or
approval continue to be met; provided, however, that in the case of a boarding home approved
by a licensed child-placing agency, such reexamination may be made by said...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-7-6.htm - 1K - Match Info - Similar pages
27-41-33
Section 27-41-33 Particular investments - Loans on personal property; chattel mortgages. In
connection with mortgage loans made under subdivisions (2) and (3) of Section 27-41-29, an
insurer may loan on the value of personal property items listed in the Department of Housing
and Urban Development Commitment for Insurance or the Veterans Administration Certificates
of Reasonable Value. Nothing in this section shall be deemed to prevent an insurer from taking
liens on personal property items as additional security for any investment eligible for investment
under this chapter. Domestic life insurance companies are authorized to invest, within the
limitations set forth in this section, in chattel mortgages resulting from the financing of
tangible personal property, which mortgages must constitute valid first liens on the chattels
mortgaged. The maximum amount of such mortgages to be admitted as assets shall not exceed
one half of the amount of surplus remaining after deducting from capital...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-41-33.htm - 1K - Match Info - Similar pages
34-14-5
Section 34-14-5 Licenses - Standards and scope of examination. (a) The qualifying examination
provided in Section 34-14-4 shall be designed to demonstrate the applicant's adequate technical
qualifications by testing the applicant in three separate sections consisting of a written
examination, a practical examination, and a state law examination. The board may revise standards
for the qualifying examination, so long as the following minimum requirements are satisfied:
(1) Written examination scores from states with existing reciprocity agreements with the board
are considered valid for 12 months from the date of examination in the other state if the
examination is determined by the board to be similar in content to the qualifying examination
required for licensure in this state. (2) An applicant who fails one or more sections of the
qualifying examination may retest failed sections for the qualifying examination in the following
manner: a. An applicant who fails the written examination...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-14-5.htm - 2K - Match Info - Similar pages
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