Code of Alabama

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25-4-138
Section 25-4-138 Agreement to waive right to benefits; agreement to pay employer's contributions;
reduction of wages to finance employer's contributions. Any agreement by an employee to waive
or release his rights to benefits or any other rights under this chapter shall be void. Any
agreement by an employee to pay all or any portion of his employer's contributions, required
under this chapter from such employer, shall be void. No employer shall directly or indirectly
make or require or accept any reduction from wages to finance the employer's contributions
required of him, or require or accept any waiver of any right hereunder by any employee in
his employ. Any employer or officer or agent of an employer who violates any provision of
this section shall be guilty of a misdemeanor and upon conviction, for each offense be fined
not less than $25.00 nor more than $100.00 or be imprisoned for not more than 60 days, or
both. (Acts 1939, No. 497, p. 721; Code 1940, T. 26, §244.)...
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27-6A-7
Section 27-6A-7 Penalties. (a) If the commissioner finds after a hearing conducted in accordance
with Section 27-2-28, that any person has violated this chapter, the commissioner may order:
(1) For each separate violation, a penalty in an amount of up to $5,000. (2) Revocation or
suspension of the managing general agent's license. (3) The managing general agent to reimburse
the insurer, the rehabilitator, or liquidator of the insurer for any losses incurred by the
insurer caused by a violation of this chapter committed by the managing general agent. (b)
The decision, determination, or order of the commissioner pursuant to subsection (a) of this
section shall be subject to judicial review pursuant to Section 27-2-31. (c) No provision
of this section shall affect the right of the commissioner to impose any other penalties provided
for in the insurance law, rule, or regulation. (d) No provision of this chapter is intended
to or shall in any manner limit or restrict the rights of...
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35-15-21
Section 35-15-21 Definitions. Unless the context thereof clearly indicates to the contrary,
as used in this article the following terms shall have the following meanings: (1) OWNER.
Any public or private organization of any character, including a partnership, corporation,
association, any individual, or any federal, state or local political subdivision or any agency
of any of the foregoing having a legal right of possession of outdoor recreational land. For
the purpose of this article, an employee or agent of the owner, but not an independent contractor
while conducting activities upon the outdoor recreational land, is deemed to be an owner.
(2) OUTDOOR RECREATIONAL LAND. Land and water, as well as buildings, structures, machinery,
and other such appurtenances used for or susceptible of recreational use. (3) RECREATIONAL
USE or RECREATIONAL PURPOSE. Participation in or viewing of activities including, but not
limited to, hunting, fishing, water sports, aerial sports, hiking, camping,...
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13A-8-2
Section 13A-8-2 Theft of property - Definition; limitations period. (a) A person commits the
crime of theft of property if he or she: (1) Knowingly obtains or exerts unauthorized control
over the property of another, with intent to deprive the owner of his or her property; (2)
Knowingly obtains by deception control over the property of another, with intent to deprive
the owner of his or her property; (3) Knowingly obtains or exerts control over property in
the custody of a law enforcement agency which was explicitly represented to the person by
an agent of the law enforcement agency as being stolen; or (4) Knowingly obtains or exerts
unauthorized control over any donated item left on the property of a charitable organization
or in a drop box or trailer, or within 30 feet of a drop box or trailer, belonging to a charitable
organization. (b) The limitations period for any prosecution under subdivision (2) of subsection
(a) does not commence or begin to accrue until the discovery of the...
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35-8-16
Section 35-8-16 Liens against condominium property generally. (a) Except as otherwise provided
in Section 35-8-18, subsequent to recording the declaration as provided in this chapter and
while the property remains subject to this chapter, no lien shall arise or be effective against
the condominium property as a whole. During such period, liens or encumbrances shall arise
or be created only against each unit in the same manner and under the same conditions in every
respect as liens or encumbrances may arise or be created upon or against any other separate
parcel of real property subject to individual ownership; provided, that no labor performed
or materials furnished with the consent or at the request of a unit owner or his agent, his
contractor or subcontractor shall be the basis for the filing of a lien against the unit or
any other property of any other unit owner not expressly consenting to or requesting the same,
except that such express consent shall be deemed to be given by the...
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5-20-3
Section 5-20-3 Definitions. Notwithstanding any other provision of law, for the purposes of
this chapter, the following terms shall have the meanings prescribed by this section: (1)
ALABAMA BANK. A bank which is organized under the laws of this state or of the United States
and which has its principal place of business in this state. (2) BANK. Any "insured bank"
as such term is defined in Section 3(h) of the Federal Deposit Insurance Act, 12 U.S.C. §1813(h).
(3) BANK HOLDING COMPANY. Any company which is a bank holding company under the Bank Holding
Company Act of 1956, as amended, 12 U.S.C. §1841(a). (4) CREDIT CARD. Any type of arrangement
or agreement pursuant to which any domestic lender or credit card bank, whether directly or
indirectly through any domestic lender acting as its agent, gives a debtor the privilege of
using a credit card or other credit confirmation, device or instrument of any type in transactions
out of which debt arises: a. By the domestic lender or credit...
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5-6A-2
Section 5-6A-2 Oath of directors. Every such director shall, within 30 days after his election,
take and subscribe, in duplicate, an oath that he will diligently and honestly perform his
duties as such director, not knowingly violate or permit to be violated any provision of the
banking law of this state and that he is the owner in good faith of the shares of stock of
the bank or company required to qualify him for such office, standing in his own name on its
books. A copy of such oath shall be forthwith filed with the Superintendent of Banks. No director
shall perform the duties of his office until such oath is made, and in case a director fails
to make such oath, his place on the board shall be declared vacant and his successor elected
as prescribed by the bylaws of the bank, such successor being required to have the same qualifications
and take the same oath as provided by this chapter. (Acts 1980, No. 80-658, §5-6-2.)...
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5-8A-30
Section 5-8A-30 Collection of claims of bank, etc. Upon taking possession of any of the property
and business of any bank, the receiver may collect moneys due to such bank and do such other
acts as are necessary to conserve its assets and business, and shall proceed to liquidate
the affairs thereof as provided in this chapter. The receiver shall collect all debts due
and claims belonging to the bank, whether in this state or in any other state, and may proceed
in courts of competent jurisdiction to enforce said claims in this state and in other states.
"Claims" shall include any right of action against any surety, fidelity or insurance
company, auditor or any past or present officer or director of such bank for mismanagement,
violations of laws or regulations or other breach of duty. It shall be the duty of the receiver
or his duly authorized agent to satisfy on the proper record all mortgages, judgments, security
interests, or other liens held or owned by any insolvent bank that have...
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5-8A-32
Section 5-8A-32 Sale, etc., of bad debts and property of bank. The receiver, by making application
to the receivership court, may procure an order to sell or compound all bad or doubtful debts
and on like order may sell all real and personal property of such bank on such terms as the
court shall direct; provided, however, that the receiver shall have the right to ask for a
blanket order from the receivership court for the settlement of all debts, claims of any and
all nature, and deposits and for the sale of real and personal property wherein no single
item exceeds the value of $10,000.00. In all or any of such court proceedings, the bank shall
be made a party by proper service of process issued from the court, and the hearing of any
such application or petition of the superintendent may be had at any time after the bank has
had five days' notice of the application; provided, however, the court may ex parte approve
a purchase and assumption transaction as provided for in 12 U.S.C....
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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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