|
41-10-404
Section 41-10-404 Transfer of certain assets to authority. Upon issuance of the certificate
of incorporation, any unencumbered funds appropriated to the Department of Finance, Division
of Data Systems Management, for capital outlay and operation and maintenance of the supercomputer
system, are hereby transferred to the Supercomputer System Fund to be expended in accordance
with the provisions of this article. Upon issuance of the certificate of incorporation and
pursuant to a written transfer, assignment or conveyance by the State of Alabama to the authority,
all contracts, leases, management agreements, real or personal property acquired by the State
of Alabama and utilized in the operation of a supercomputer center and system by the Alabama
Department of Finance, shall be transferred, assigned or conveyed to the authority without
payment or other consideration. Upon such assignment, transfer or conveyance, the State of
Alabama shall have no further obligations or rights to or under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-404.htm - 1K - Match Info - Similar pages
5-24-12
Section 5-24-12 Rights at death. (a) Except as otherwise provided in this chapter, on
death of a party sums on deposit in a multiple-party account belong to the surviving party
or parties. If two or more parties survive and one is the surviving spouse of the decedent,
the amount to which the decedent, immediately before death, was beneficially entitled under
Section 5-24-11 belongs to the surviving spouse. If two or more parties survive and
none is the surviving spouse of the decedent, the amount to which the decedent, immediately
before death, was beneficially entitled under Section 5-24-11 belongs to the surviving
parties in equal shares, and augments the proportion to which each survivor, immediately before
the decedent's death, was beneficially entitled under Section 5-24-11, and the right
of survivorship continues between the surviving parties. (b) In an account with a POD designation:
(1) On death of one of two or more parties, the rights in sums on deposit are governed by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-24-12.htm - 3K - Match Info - Similar pages
11-50-314
Section 11-50-314 Powers of corporation generally; provisions in mortgages, deeds of
trust, or pledge agreements executed by corporation as to rights of parties thereto, etc.
(a) Each corporation formed or the certificate of incorporation of which is amended under
this article 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) specified in its certificate of
incorporation or until dissolved as provided in this article; (2) To sue and be sued and to
defend civil actions against it; (3) To make use of a corporate seal and to alter the same
at pleasure; (4) To acquire, purchase, construct, operate, maintain, enlarge, extend, and
improve any system or systems, the operation of which is provided for in the certificate of
incorporation of such corporation or in any amendment thereto (whether or not such system
or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-314.htm - 5K - Match Info - Similar pages
41-10-432
Section 41-10-432 Funds appropriated for Alabama Real Estate Commission Building Authority
Fund; state to have no further obligations or rights after property, contracts, etc., assigned,
transferred or conveyed. Upon issuance of the certificate of incorporation, all funds appropriated
from the Real Estate Commission Fund for purposes of capital outlay by Acts of Alabama 88-777
and 88-953, which remain unspent or unencumbered, are hereby transferred to a fund in the
State Treasury to be known as the Alabama Real Estate Commission Building Authority Fund.
All funds received by the authority from any source whatsoever shall be deposited into such
fund. Moneys contained therein are hereby appropriated for the purposes set forth in this
article; said funds shall not revert to any other fund at the end of a fiscal year but are
hereby reappropriated to the authority to be expended for any lawful purpose. Upon issuance
of the certificate of incorporation and pursuant to a written transfer,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-432.htm - 1K - Match Info - Similar pages
5-24-15
Section 5-24-15 Rights of creditors and others. (a) If other assets of the estate are
insufficient, a transfer resulting from a right of survivorship or POD designation under this
chapter is not effective against the estate of a deceased party to the extent needed to pay
claims against the estate and statutory allowances to the surviving spouse and children. (b)
A surviving party or beneficiary who receives payment from an account after death of a party
is liable to account to the personal representative of the decedent for a proportionate share
of the amount received to which the decedent, immediately before death, was beneficially entitled
under Section 5-24-11, to the extent necessary to discharge the claims and allowances
described in subsection (a) remaining unpaid after application of the decedent's estate. A
proceeding to assert the liability may not be commenced unless the personal representative
has received a written demand by the surviving spouse, a creditor, a child, or a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-24-15.htm - 2K - Match Info - Similar pages
9-16-86
Section 9-16-86 Permits - Revisions; application; revision or modification by authority.
(a)(1) During the term of the permit the permittee may submit an application for a revision
of the permit, together with a revised reclamation plan, to the regulatory authority. (2)
An application for a revision of a permit shall not be approved unless the regulatory authority
finds that reclamation as required by this article can be accomplished under the revised reclamation
plan. The revision shall be approved or disapproved within a period of time established by
the regulatory authority's regulations. The regulatory authority shall establish guidelines
for a determination of the scale or extent of a revision request for which all permit application
information requirements and procedures, including notice and hearings, shall apply; provided,
that any revisions which propose significant alterations in the reclamation plan shall, at
a minimum, be subject to notice and hearing requirements. (3) Any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-16-86.htm - 2K - Match Info - Similar pages
9-17-83
Section 9-17-83 Order requiring unit operation - Contents. The order shall be fair and
reasonable under all the circumstances, shall protect the rights of interested parties and
shall include: (1) A description of the area embraced, termed the unit area, and a description
of the pool or pools or portions thereof affected and lying within the unit area, termed the
unit pool. (2) A statement of the nature of the operations contemplated. (3) An allocation
among the separately owned interests derived from or associated with tracts in the unit area
of all the oil or gas, or both, produced from the unit pool within the unit area, and not
required in the conduct of such operation or unavoidably lost, such allocation to be based
on the relative contribution which each such tract or interest is expected to make during
the course of such operation, to the total production of oil or gas, or both, so allocated.
(4) A provision for adjustment among the owners of the unit area (not including royalty...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-83.htm - 6K - Match Info - Similar pages
7-9A-109
Section 7-9A-109 Scope. (a) General scope of article. Except as otherwise provided in
subsections (c) and (d), this article applies to: (1) a transaction, regardless of its form,
that creates a security interest in personal property or fixtures by contract; (2) an agricultural
lien; (3) a sale of accounts, chattel paper, payment intangibles, or promissory notes; (4)
a consignment; (5) a security interest arising under Section 7-2-401, 7-2-505, 7-2-711(3),
or 7-2A-508(5), as provided in Section 7-9A-110; and (6) a security interest arising
under Section 7-4-210 or 7-5-118. (b) Security interest in secured obligation. The
application of this article to a security interest in a secured obligation is not affected
by the fact that the obligation is itself secured by a transaction or interest to which this
article does not apply. (c) Extent to which article does not apply. This article does not
apply to the extent that: (1) a statute, regulation, or treaty of the United States preempts
this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-109.htm - 4K - Match Info - Similar pages
11-50-235
Section 11-50-235 Powers of corporation generally; provisions in mortgages, deeds of
trust, or pledge agreements executed by corporation as to rights of parties thereto, etc.;
exemption from taxation of property and income of corporation. (a) Each corporation formed
under this division 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) specified in its certificate of
incorporation or until dissolved as provided in this division; (2) To sue and be sued and
to defend civil actions against it; (3) To make use of a corporate seal and to alter the same
at pleasure; (4) To acquire, purchase, construct, operate, maintain, enlarge, extend, and
improve any system or systems, the operation of which is provided for in the certificate of
incorporation of such corporation (whether or not such system or systems were in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-235.htm - 4K - Match Info - Similar pages
7-3-312
Section 7-3-312 Lost, destroyed, or stolen cashier's check, teller's check, or certified
check. (a) In this section: (1) "Check" means a cashier's check, teller's
check, or certified check. (2) "Claimant" means a person who claims the right to
receive the amount of a cashier's check, teller's check, or certified check that was lost,
destroyed, or stolen. (3) "Declaration of loss" means a written statement, made
under penalty of perjury, to the effect that (i) the declarer lost possession of a check,
(ii) the declarer is the drawer or payee of the check, in the case of a certified check, or
the remitter or payee of the check, in the case of a cashier's check or teller's check, (iii)
the loss of possession was not the result of a transfer by the declarer or a lawful seizure,
and (iv) the declarer cannot reasonably obtain possession of the check because the check was
destroyed, its whereabouts cannot be determined, or it is in the wrongful possession of an
unknown person or a person that...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-3-312.htm - 4K - Match Info - Similar pages
|