5-13B-2
Section 5-13B-2 Definitions. For purposes of this article: (a) "Acquire" means: (1)
For a company to merge or consolidate with a bank holding company; (2) For a company to assume
direct or indirect ownership or control of: (I) More than 25 percent of any class of voting
shares of a bank holding company or a bank, if the acquiring company was not a bank holding
company prior to such acquisition; (II) More than five percent of any class of voting shares
of a bank holding company or a bank, if the acquiring company was a bank holding company prior
to such acquisition; or (III) All or substantially all of the assets of a bank holding company
or a bank; or (3) For a company to take any other action that results in the direct or indirect
acquisition of control by such company of a bank holding company or a bank; however, formation
of a de novo bank pursuant to Chapter 5A of this title is not an acquisition for purposes
of this article. (b) "Affiliate" has the meaning set forth in Section...
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5-23-3
Section 5-23-3 Negotiation of state's fee; contracts with financial institutions; use of state
seal and insignia. (a) If the Treasurer determines that the state may be a sponsoring entity
for a financial institution credit card, he shall negotiate and contract for the most favorable
rate of return for the state's fee by a credit card issuer. The state may not offer a more
favorable rate to any one credit card issuer over another. The rate must be expressed as a
percentage of the gross sales from the use of the credit card. (b) In participating in a credit
card program, the State Treasurer may contract with any number of financial institutions in
order to establish the state as a sponsoring entity. (c) There shall be only one official
state sponsored credit card at any given time, and it shall be the official state sponsored
credit card authorized by this chapter. It is provided further that the card issuer is authorized
to use the official state seal and insignia on said official card....
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16-27A-3
Section 16-27A-3 Adoption of automated school bus enforcement program; fines. (a) A board may
approve the use of automated devices to detect school bus violations by voting at a meeting
of the board to approve the adoption of an automated school bus enforcement program. The school
board may elect to operate the program authorized in this chapter without the involvement
of the governing body or sheriff through the utilization of a trained technician. In such
case, all references in this chapter to governing body, county, or city shall apply to the
school board. (b) In the alternative, if approved by a board and authorized by ordinance or
resolution enacted by the governing body, the board may enter into an agreement with a contractor
for the installation, operation, notice processing, administration, and maintenance of school
bus automated devices on buses within the school system's fleet whether owned or leased. Prior
to entering into a contract for the installation, operation, notice...
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7-2-326
Section 7-2-326 "Sale on approval" and "sale or return." (1) Unless otherwise
agreed, if delivered goods may be returned by the buyer even though they conform to the contract,
the transaction is: (a) A "sale on approval" if the goods are delivered primarily
for use, and (b) A "sale or return" if the goods are delivered primarily for resale.
(2) Goods held on approval are not subject to the claims of the buyer's creditors until acceptance;
goods held on sale or return are subject to such claims while in the buyer's possession. (3)
Any "or return" term of a contract for sale is to be treated as a separate contract
for sale within the statute of frauds section of this article (Section 7-2-201) and as contradicting
the sale aspect of the contract within the provisions of this article on parol or extrinsic
evidence (Section 7-2-202). (Acts 1965, No. 549, p. 811; Act 2001-481, p. 647, §2.)...
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40-23-61
Section 40-23-61 Property taxed; persons liable. (a) An excise tax is hereby imposed on the
storage, use or other consumption in this state of tangible personal property, not including,
however, materials and supplies bought for use in fulfilling a contract for the painting,
repairing or reconditioning of vessels, barges, ships, other watercraft and commercial fishing
vessels of over five tons load displacement as registered with the U.S. Coast Guard and licensed
by the State of Alabama Department of Conservation and Natural Resources, purchased at retail
on or after October 1, 1965, for storage, use or other consumption in this state at the rate
of four percent of the sales price of such property or the amount of tax collected by the
seller, whichever is greater; provided, however, when the seller follows the Department of
Revenue's suggested use tax brackets and his records prove that his following said brackets
resulted in a net undercollection of tax for the month, he may report...
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13A-12-27
Section 13A-12-27 Possession of gambling device. (a) A person commits the crime of possession
of a gambling device if with knowledge of the character thereof he manufactures, sells, transports,
places or possesses, or conducts or negotiates any transaction affecting or designed to affect
ownership, custody or use of: (1) A slot machine; or (2) Any other gambling device, with the
intention that it be used in the advancement of unlawful gambling activity. (b) Possession
of a gambling device is a Class A misdemeanor. (Acts 1977, No. 607, p. 812, §6125.)...
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40-12-176
Section 40-12-176 Vending machines. (a) Every person, firm, corporation, association, or copartnership
operating a vending machine business whereby tangible personal property is sold through or
by the use of coin-operated machines shall pay an annual privilege license tax based on the
total sales of each such vending company during the preceding year as follows: Total Sales
Amount of Tax $12,000.00 or less $10.00 12,000.01 - 24,000.00 20.00 24,000.01 - 36,000.00
30.00 36,000.01 - 48,000.00 40.00 48,000.01 - 60,000.00 60.00 60,000.01 - 80,000.00 75.00
80,000.01 - 100,000.00 90.00 100,000.01 - 150,000.00 125.00 150,000.01 - 200,000.00 150.00
200,000.01 - 250,000.00 175.00 250,000.01 - 350,000.00 200.00 350,000.01 - 450,000.00 300.00
450,000.01 - 750,000.00 400.00 750,000.01 - 1,000,000.00 500.00 1,000,000.01 - 2,500,000.00
600.00 2,500,000.01 - 5,000,000.00 700.00 5,000,000.01 - 7,500,000.00 800.00 7,500,000.01
- 10,000,000.00 900.00 10,000,000.01 or more 1000.00 (b) The revenue produced...
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40-29-121
Section 40-29-121 Automated sales suppression devices or phantom-ware. (a) For purposes of
this section, the following terms have the following meanings: (1) AUTOMATED SALES SUPPRESSION
DEVICE. A software program carried on a memory stick or removable compact disc, accessed through
an Internet link, or by any other means, that falsifies the electronic records of electronic
cash registers and other point-of-sale systems, including, but not limited to, transaction
data and transaction reports. (2) ELECTRONIC CASH REGISTER. A device that keeps a register
or supporting documents through the use of an electronic device or computer system designed
to record transaction data for the purpose of computing, compiling, or processing retail sales
and other transaction data. (3) PHANTOM-WARE. Any hidden or concealed programming option embedded
in the operating system of an electronic cash register or hardwired into the electronic cash
register that can be used to create a second set of records or...
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45-1-243.02
Section 45-1-243.02 Authorization of levy of use tax. (a) The governing body of the county
is hereby authorized to levy and impose excise taxes on the storage, use, or other consumption
of property in the county as hereinafter provided in this section: (1) An excise tax is hereby
authorized to be levied and imposed on the storage, use, or other consumption in the county
of tangible personal property (not including, however, materials and supplies bought for use
in fulfilling a contract for the painting, repairing, or reconditioning of vessels, barges,
ships, and other watercraft of more than 50 tons burden) purchased at retail on or after the
effective date of such tax, for the storage, use, or other consumption in the county on or
after the effective date of such tax, at the rate of not exceeding one percent of the sale
price of such property, except as provided in subdivisions (2), (3), (4), and (5); (2) An
excise tax is hereby authorized to be levied and imposed on the storage, use,...
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45-10-244.02
Section 45-10-244.02 Authorization of levy of use tax. (a) The governing body of the county
is hereby authorized to levy and impose excise taxes on the storage, use, or other consumption
of property in the county as hereinafter provided in this section: (1) An excise tax is hereby
authorized to be levied and imposed on the storage, use, or other consumption in the county
of tangible personal property (not including, however, materials and supplies bought for use
in fulfilling a contract for the painting, repairing, or reconditioning of vessels, barges,
ships, and other watercraft of more than 50 tons burden) purchased at retail on or after the
effective date of such tax, for the storage, use, or other consumption in the county on or
after the effective date of such tax, at the rate of not exceeding one percent of the sale
price of such property, except as provided in subdivision (2), (3), (4), and (5); (2) An excise
tax is hereby authorized to be levied and imposed on the storage, use,...
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