27-7-4.1
to any person for services as a producer or service representative within this state unless
the person holds a currently valid license as a producer or service representative as to the
kind or class of business involved as required by this chapter. (b) Any insurer or producer
violating this section shall be liable for a fine in an amount of up to three times the amount
of the commission paid. The fine shall be levied and collected by the commissioner. Upon failure
to pay the fine the commissioner may, in the commissioner's discretion, revoke the license
of the producer or the insurer's certificate of authority. (c) The provisions of this section
shall not prevent any of the following: (1) Payment of renewal or other deferred commissions
to any person solely because the person has ceased to hold a license to act as a producer.
(2) Payment to the personal representative of a deceased producer. (3) Payment to a
person holding a temporary producer license. (Act 2001-702, p. 1509, §2.)...
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7-3-311
Section 7-3-311 Accord and satisfaction by use of instrument. (a) If a person against whom
a claim is asserted proves that (i) that person in good faith tendered an instrument to the
claimant as full satisfaction of the claim, (ii) the amount of the claim was unliquidated
or subject to a bona fide dispute, and (iii) the claimant obtained payment of the instrument,
the following subsections apply. (b) Unless subsection (c) applies, the claim is discharged
if the person against whom the claim is asserted proves that the instrument or an accompanying
written communication contained a conspicuous statement to the effect that the instrument
was tendered as full satisfaction of the claim. (c) Subject to subsection (d), a claim is
not discharged under subsection (b) if either of the following applies: (1) The claimant,
if an organization, proves that (i) within a reasonable time before the tender, the claimant
sent a conspicuous statement to the person against whom the claim is asserted that...
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7-3-603
Section 7-3-603 Tender of payment. (a) If tender of payment of an amount due on an instrument
is made to a person entitled to enforce the instrument, the effect of tender is governed by
principles of law applicable to tender of payment under a simple contract and by subsections
(b), (c) and (d). (b) If tender of payment of an amount due on an instrument is made to a
person entitled to enforce the instrument and the tender is refused, there is discharge, to
the extent of the amount of the tender, of the obligation of an indorser or accommodation
party having a right of recourse with respect to the obligation to which the tender relates.
(c) If tender of payment of an amount due on an instrument is made to a person entitled to
enforce the instrument, the obligation of the obligor to pay interest after the due date on
the amount tendered is discharged. If presentment is required with respect to an instrument
and the obligor is able and ready to pay on the due date at every place of...
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13A-9-13.2
Section 13A-9-13.2 Negotiating worthless negotiable instrument - Notice of refusal of payment
upon instrument. For purposes of Section 13A-9-13.1: (1) Notice mailed by certified or registered
mail, evidenced by return receipt, to the address printed on the instrument or given at the
time of issuance shall be deemed sufficient and equivalent to notice having been received
by the person making, drawing, uttering, or delivering the instrument. (2) The form of notice
shall be substantially as follows: "This statutory notice is provided pursuant to Section
13A-9-13.2 of the Alabama Code. You are hereby notified that a check or instrument numbered
_____, apparently issued by you on ___ (date), drawn upon ___ (name of bank), and payable
to ___, has been dishonored. Pursuant to Alabama law, you have 10 days from receipt of this
notice to tender payment of the full amount of the check or instrument plus a service charge
of not more than (fill in appropriate amount provided by...
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29-2-160
Section 29-2-160 Methods of payment; eligibility of estate to receive compensation. (a) The
committee in its discretion may direct that payment of compensation claims be in a lump sum
or in such installments as it deems appropriate, but no part of such claim shall be directed
by the committee to any person other than the person so pardoned or exonerated, nor shall
the person so pardoned or exonerated pay any part of the sum received to any person for services
rendered in connection with its collection. Notwithstanding the above, in the event that a
person awarded compensation dies prior to receiving the full amount of his or her compensation,
the person's estate shall be eligible to receive any remaining compensation. (b) Any right
to apply for compensation under this article shall cease upon the death of the claimant. (c)
If a person has submitted an application for compensation to the Division of Risk Management,
but dies prior to the application being certified for compensation, the...
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35-8A-408
Section 35-8A-408 Purchaser's right to cancel. (a) A person required to deliver the required
documents or report pursuant to Section 35-8A-402(c) or 35-8A-407 shall provide a purchaser
of a unit with a copy of the offering statement and all amendments thereto not later than
the date of any contract of sale. Unless a purchaser is given the required documents more
than seven days before execution of a contract for the purchase of a unit, the purchaser may
cancel the contract within seven days after first receiving the required documents or report.
(b) If a purchaser elects to cancel a contract or conveyance pursuant to subsection (a), he
or she may do so by hand-delivering notice thereof to the offeror or by mailing notice thereof
by prepaid United States mail to the offeror or to his or her agent for service of process.
Cancellation is without penalty, and all payments made by the purchaser before cancellation
shall be refunded promptly. (c) If a person required to deliver an offering...
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45-22-240.26
Section 45-22-240.26 Payment in person. The procedure authorized by this subpart for the payment
of ad valorem taxes on motor vehicles and motor vehicle license taxes and the issuance of
license tags is optional, an alternative to the procedure now provided by law. Each owner
of a motor vehicle shall continue to have the right to pay taxes and to receive his or her
tag in person, without the necessity of paying the mailing fee provided for herein. (Act 85-128,
p. 199, §7.)...
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7-8-313
Section 7-8-313 (Effective Until January 1, 1997) When delivery to the purchaser occurs; purchaser's
broker as holder. (1) Delivery to a purchaser occurs when: (a) He or a person designated by
him acquires possession of a security; or (b) His broker acquires possession of a security
specially indorsed to or issued in the name of the purchaser; or (c) His broker sends him
confirmation of the purchase and also by book entry or otherwise identifies a specific security
in the broker's possession as belonging to the purchaser; or (d) With respect to an identified
security to be delivered while still in the possession of a third person when that person
acknowledges that he holds for the purchaser; or (e) Appropriate entries on the books of a
clearing corporation are made under Section 7-8-320. (2) The purchaser is the owner of a security
held for him by his broker, but is not the holder except as specified in subparagraphs (b),
(c) and (e) of subsection (1). Where a security is part of a...
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11-51-19
Section 11-51-19 Sales of property for payment of taxes, etc., generally - Title acquired by
purchaser. The purchaser of property, real or personal, sold under an execution issued
by the city or town clerk shall receive a title clear of all encumbrance, except of liens
held by the state and county; provided, that the property sold is the property against which
the taxes for the payment of which the sale is had were levied. (Code 1907, §1315; Acts 1923,
No. 205, p. 217; Code 1923, §2130; Code 1940, T. 37, §676.)...
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27-9A-10
Section 27-9A-10 Nonresident license. (a) Unless refused licensure pursuant to Section 27-9A-12,
a nonresident person shall receive a nonresident independent adjuster license if: (1) The
person is currently licensed in good standing as an independent adjuster in the resident or
home state of the person. (2) The person has applied for a license and has paid the fees required
by Section 27-4-2. (3) If a business entity, and as applicable, the entity has qualified or
registered with the office of the Secretary of State to engage in business in this state.
(4) The person's designated home state awards nonresident independent adjuster licenses to
persons of this state on the same basis. (b) The commissioner may verify the independent adjuster's
licensing status through any appropriate database, including the Producer Database maintained
by the NAIC or may request certification of good standing as described in subsection (a) of
Section 27-9A-9. (c) As a condition to the continuation of a...
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