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11-50B-9
Section 11-50B-9 Funding. (a) In order to provide funds for payment of the costs of
the acquisition, establishment, purchase, construction, maintenance, enlargement, extension,
lease, or improvement of cable systems, telecommunications equipment, and telecommunications
systems, public providers, within the limitations applicable under the Constitution of Alabama
of 1901, may become indebted in an amount not to exceed the costs and the costs incurred in
issuing the indebtedness and, in evidence thereof, issue the public provider's bonds or other
evidences of indebtedness, as the case may be, in the manner, tenor, and form as may be otherwise
provided by law, for the issuance of the public provider's warrants, bonds, or other evidences
of indebtedness generally. The warrants, bonds, or other evidences of indebtedness issued
pursuant to this section shall be payable solely from the revenues derived or to be
derived from the operation of the systems or equipment and shall not have a...
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11-67A-4
Section 11-67A-4 Procedures generally. Any procedure adopted by the municipality for
the abatement and removal of inoperable motor vehicles as public nuisances shall include,
but is not limited to, the following: (1) A provision requiring notice to the last registered
owner of record, to any secured party or other holder of a recorded or registered security
interest or lien on the motor vehicle, and to the property owner of record that a hearing
may be requested and that if no hearing is requested, the inoperable motor vehicle will be
removed. (2) A provision requiring that if a request for a hearing is received, a notice giving
the time, location, and date of the hearing on the question of abatement and removal of the
inoperable motor vehicle as a public nuisance shall be mailed by certified mail, with a five-day
return receipt requested to the owner of the land as shown on the last equalized assessment
roll, to the last registered and legal owner of record, and to any registered or...
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19-3B-816
Section 19-3B-816 Specific powers of trustee. (a) Without limiting the authority conferred
by Section 19-3B-815, a trustee may: (1) collect trust property and accept or reject
additions to the trust property from a settlor or any other person, including, but not being
limited to, the authority to receive, collect, hold, and retain common or preferred stock
or other interests in the trustee or any related party; (2) acquire or sell property, for
cash or on credit, at public or private sale; (3) exchange, partition, or otherwise change
the character of trust property; (4) deposit trust money in an account in a regulated financial-service
institution; (5) borrow money, with or without security, and mortgage or pledge trust property
for a period within or extending beyond the duration of the trust; (6) with respect to an
interest in a proprietorship, partnership, limited liability company, business trust, corporation,
or other form of business or enterprise, continue the business or other...
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32-18-1
Section 32-18-1 Definitions. For the purposes of this chapter, the following terms shall
have the meanings indicated: (1) PERSON. Every natural person, firm, copartnership, association,
or corporation. (2) OPERATOR. Every person who is in actual physical control of a motor vehicle
upon a street, alley, or thoroughfare. (3) MOTOR VEHICLE. Any vehicle propelled by any power
other than muscular power, including traction engines, tractor cranes, power shovels, road
building machines, road rollers, road sweepers, and sand spreaders, which are self-propelled;
and trailers, semitrailers, and motorcycles. This definition shall not include traction engines,
tractor cranes, power shovels, road building machines, road rollers, road sweepers, and sand
spreaders which are not self-propelled; or tractors used exclusively for agricultural purposes,
well drillers, electric trucks with small wheels used in factories, warehouses, and railroad
stations and operated principally on private property and...
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45-23A-93
Section 45-23A-93 Auxiliary communication services. (a) As used in this section,
the word "city" shall mean the City of Ozark in Dale County. (b)(I) In addition
to all other powers, rights, and authority heretofore granted by law, the city is authorized
and empowered to acquire, purchase, lease, construct, operate, maintain, enlarge, extend,
and improve as part of the system facilities for the provision to inhabitants of the city
and surrounding territory of auxiliary services which may be identified generally as any communication
service, not including cable television transmission, which shall include, but not be limited
to, burglar alarm systems, data transmissions, facsimile service, home shopping service, and
any allied or similar communication services. (2) The city shall provide, without the requirement
of any franchise, to any requesting communication company or utility regulated by the Public
Service Commission, or any electric cooperative organized under Chapter 6, Title 37,...
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45-27A-32
Section 45-27A-32 Community antenna television system. (a) As used in this section
the word city shall mean the City of Brewton, Alabama, in Escambia County, a municipal corporation
organized under the laws of the State of Alabama. (b) In addition to all other powers, rights,
and authority heretofore granted by law: The city is hereby authorized and empowered to acquire,
purchase, construct, lease, operate, maintain, enlarge, extend, and improve a community antenna
television system (CATV), which may be defined, without limiting the generality, as a facility
that in whole or in part, receives directly, or indirectly, or over the air, and amplifies
or otherwise modifies the signal transmitting programs broadcast by one or more television
or radio stations from any point within this state or any other state and distributes such
signals by wire or cable or any other means to subscribing members of the public who pay for
such service. (c) For the purposes of this section, the city may...
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45-39-250.02
Section 45-39-250.02 Funding. (a) In order to provide funds for payment of the costs
of the acquisition, establishment, purchase, construction, maintenance, enlargement, extension,
lease, or improvement of cable systems, telecommunications equipment, and telecommunications
systems, municipalities and municipal instrumentalities in Lauderdale County, within the limitations
applicable under the Constitution of Alabama of 1901, may become indebted in an amount not
to exceed the costs and the costs incurred in issuing the indebtedness, and in evidence thereof
issue the municipality's or municipal instrumentality's warrants, bonds, or other evidences
of indebtedness, as the case may be, in the manner, tenor, and form as may be otherwise provided
by law, for the issuance of the municipality's or municipal instrumentality's warrants, bonds,
or other evidences of indebtedness generally. The warrants, bonds, or other evidences of indebtedness
issued pursuant to this section shall be payable...
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7-9A-203
Section 7-9A-203 Attachment and enforceability of security interest; proceeds; supporting
obligations; formal requisites. (a) Attachment. A security interest attaches to collateral
when it becomes enforceable against the debtor with respect to the collateral, unless an agreement
expressly postpones the time of attachment. (b) Enforceability. Except as otherwise provided
in subsections (c) through (i), a security interest is enforceable against the debtor and
third parties with respect to the collateral only if: (1) value has been given; (2) the debtor
has rights in the collateral or the power to transfer rights in the collateral to a secured
party; and (3) one of the following conditions is met: (A) the debtor has authenticated a
security agreement that provides a description of the collateral and, if the security interest
covers timber to be cut, a description of the land concerned; (B) the collateral is not a
certificated security and is in the possession of the secured party under...
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7-9A-208
Section 7-9A-208 Additional duties of secured party having control of collateral. (a)
Applicability of section. This section applies to cases in which there is no
outstanding secured obligation and the secured party is not committed to make advances, incur
obligations, or otherwise give value. (b) Duties of secured party after receiving demand from
debtor. Within 10 days after receiving an authenticated demand by the debtor: (1) a secured
party having control of a deposit account under Section 7-9A-104(a)(2) shall send to
the bank with which the deposit account is maintained an authenticated statement that releases
the bank from any further obligation to comply with instructions originated by the secured
party; (2) a secured party having control of a deposit account under Section 7-9A-104(a)(3)
shall: (A) pay the debtor the balance on deposit in the deposit account; or (B) transfer the
balance on deposit into a deposit account in the debtor's name; (3) a secured party, other
than a...
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7-9A-334
Section 7-9A-334 Priority of security interests in fixtures and crops. (a) Security
interest in fixtures under this article. A security interest under this article may be created
in goods that are fixtures or may continue in goods that become fixtures. A security interest
does not exist under this article in ordinary building materials incorporated into an improvement
on land. (b) Security interest in fixtures under real-property law. This article does not
prevent creation of an encumbrance upon fixtures under real property law. (c) General rule:
Subordination of security interest in fixtures. In cases not governed by subsections (d) through
(h), a security interest in fixtures is subordinate to a conflicting interest of an encumbrancer
or owner of the related real property other than the debtor. (d) Fixtures purchase-money priority.
Except as otherwise provided in subsection (h), a perfected security interest in fixtures
has priority over a conflicting interest of an encumbrancer or...
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