27-38-2
Section 27-38-2 Variable contracts - Statement of procedures for determining benefits; death
benefit provision. (a) Any variable contract providing benefits payable in variable amounts
delivered, or issued for delivery, in this state shall contain a statement of the essential
features of the procedures to be followed by the insurer in determining the dollar amount
of such variable benefits. Any such contract, including a group contract, and any certificate
in evidence of variable benefits issued thereunder shall state that such dollar amount will
vary to reflect investment experience and shall contain on its first page a statement to the
effect that the benefits thereunder are on a variable basis. (b) Variable annuity contracts
delivered, or issued for delivery, in this state may include as an incidental benefit provision
for payment on death during the deferred period of an amount not in excess of the greater
of the sum of the premiums or stipulated payments paid under the contract or...
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32-6-5
Section 32-6-5 Reports; disposition of funds. At the close of business on Monday of each week
when any application has been received or temporary instruction permit provided for in this
article has been issued, the judge of probate or Department of Public Safety receiving the
application or issuing the permit shall prepare a report of the same upon a form which shall
be provided by the Director of Public Safety. One copy of the report, together with all applications
received and copies of all permits issued, shall be forwarded to the Director of Public Safety
and one copy shall be retained by the judge of probate. On the tenth day of every month except
October, November, and December, the judge of probate and the Department of Public Safety
shall prepare a report showing the number of applications received and permits issued and
the amount of fees received during the previous calendar month. In the months of October,
November, and December, the report shall be prepared on the twentieth...
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40-23-233
Section 40-23-233 County and municipal exemptions authorized. Any county or municipality may,
by resolution or ordinance adopted at least 14 days prior to the first full weekend of July
in 2012 and at least 30 days prior to the last full weekend of February in subsequent years,
provide for the exemption of covered items from paying county or municipal sales and use taxes
during a period commencing at 12:01 a.m. on the first Friday in July in 2012, and the Friday
of the last full weekend of February in subsequent years, and ending at twelve midnight the
following Sunday under the same terms, conditions, and definitions as provided for the state
sales tax holiday. Notwithstanding the foregoing, a county or municipality is prohibited from
providing such an exemption during any other period of the year that is not designated as
a sales tax holiday. (Act 2012-256, p. 492, §4.)...
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2-8-13
Section 2-8-13 Remittances to treasurer of association. The Commissioner of Agriculture and
Industries shall remit to the treasurer of the certified association all moneys paid to or
collected by him on a quarterly basis between the first and fifteenth of January, April, July
and October of each year, less a commission of three percent of the total amount so collected,
which commission shall be deposited in the Agricultural Fund of the State Treasury. The amount
remitted to the treasurer of the certified association shall be used and expended by such
association for a promotional program in the manner provided by this article and the rules
and regulations of the association. (Acts 1961, Ex. Sess., No. 280, p. 2320, §13.)...
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2-8-162
Section 2-8-162 Remittances to treasurer of association. The Commissioner of Agriculture and
Industries shall remit to the treasurer of the certified association all moneys paid to or
collected by him on a quarterly basis between the first and fifteenth days of January, April,
July and October of each year, less a commission of three percent of the total amount so collected,
which commission shall be deposited to the credit of the Agricultural Fund of the State Treasury.
The amount remitted to the treasurer of the certified association shall be used and expended
by such association for a promotional program in the manner provided by this article. (Acts
1963, No. 351, p. 844, §13.)...
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2-8-242
Section 2-8-242 Remittances to treasurer of association by commissioner. The Commissioner of
Agriculture and Industries shall remit to the treasurer of the certified association all moneys
paid to or collected by him on a quarterly basis between the first and fifteenth of January,
April, July and October of each year, less a commission of three percent of the total amount
so collected which commission shall be deposited in the Agricultural Fund of the State Treasury.
The amount remitted to the treasurer of the certified association shall be used and expended
by such association for a promotional program in the manner provided by this article and the
rules and regulations of the association. (Acts 1985, No. 85-701, p. 1142, §13.)...
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2-8-92
Section 2-8-92 Remission of collections to treasurer of association. The Commissioner of Agriculture
and Industries shall remit to the treasurer of the certified association all moneys paid to
or collected by him on a quarterly basis between the first and fifteenth of January, April,
July and October of each year, less a commission of three percent of the total amount so collected,
which commission shall be deposited in the Agricultural Fund of the State Treasury. The amount
remitted to the treasurer of the certified association shall be used and expended by such
association for a promotional program in the manner provided by this article and the rules
and regulations of the association. (Acts 1971, No. 227, p. 523, §13.)...
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45-37-123.132
Section 45-37-123.132 Adjustments to annual benefit and limitations. (a) Adjustment if fewer
than 10 years. Effective for limitation years ending after December 31, 2001, if a member
has fewer than 10 years of participation in the plan, then the defined benefit dollar limitation
of Section 45-37-123.131(a) shall be multiplied by a fraction, the numerator of which is the
number of years, or part thereof, of participation in the plan, and the denominator of which
is 10. However, in no event shall such fraction be less than one-tenth. Notwithstanding the
foregoing, no adjustment shall be made to the defined benefit dollar limitation for a distribution
on account of a member becoming disabled by reason of personal injuries or sickness, or as
a result of the death of a member. For purposes of this subsection, a year of participation
means each accrual computation period for which the following conditions are met: The member
is credited with a period of service for benefit accrual purposes,...
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5-11A-9
Section 5-11A-9 Exemption of trust companies, etc., acting as administrators, etc., from bond
requirement. Any trust company or bank which is authorized by law to act as a guardian, administrator,
executor, receiver or trustee, except as may be otherwise provided in this code for the administration
of the affairs of war veterans, under appointment of any court of this state, and which maintains
the deposit provided for in Section 5-11A-5, shall be entitled as a matter of right to exemption
from giving bond before receiving authority to act in any of the above capacities, provided
its aggregate liabilities, to secure which said bonds or other securities are deposited, do
not exceed five times the par value of said securities. When such company desires exemption
from giving any such bond, it shall file with the officer who would otherwise require such
bonds a sworn statement showing the amount in value of the bonds or other securities on deposit
with the State Treasurer, and that the...
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2-31-4
Section 2-31-4 Surety bond; requirements; waiver of bond requirements. Every person licensed
as a grain dealer shall have filed with the department a surety bond for each separate location
signed by the dealer as principal and by a responsible company authorized to execute surety
bonds within the State of Alabama. Such bond shall be in the principal amount to the nearest
$1,000.00 equal to ten percent of the aggregate dollar amount paid by the dealer to producers
for grain purchased from them during the 12 month period ending no more than 30 days prior
to the time the dealer files to be licensed under this article. Persons who have been in the
business of a grain dealer for less than one year are required to only meet minimum bond requirements
their first year. Provided, that in any case the amount of the bond shall not be less than
$25,000.00 or more than $100,000.00 for each separate location. Provided further, these bond
requirements will be waived upon proof to the commissioner...
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