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12-17-227.6
Section 12-17-227.6 (Effective November 8, 2016, subject to contingencies) Payments
from plan; optional allowances; replacement beneficiaries. (a) Should a member cease to be
a district attorney except by death or by retirement under the provisions of this division,
the contributions standing to the credit of his or her individual account in the fund shall
be paid to him or her upon demand and, in addition to such payment, there shall be paid five-tenths
of the interest accumulations standing to the credit of his or her individual account if he
or she shall have not less than three but less than 16 years of membership service, six-tenths
of such interest accumulations if he or she shall have not less than 16 but less than 21 years
of membership service, seven-tenths of such interest accumulations if he or she shall have
not less than 21 but less than 26 years of membership service and eight-tenths of such interest
accumulations if he or she shall have not less than 26 years of...
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12-18-156
Section 12-18-156 Payments from plan; optional allowances; replacement beneficiaries.
(a) Should a member cease to be a judge or clerk except by death or by retirement under the
provisions of this article, the contributions standing to the credit of his or her individual
account in the fund shall be paid to him or her upon demand and, in addition to such payment,
there shall be paid five-tenths of the interest accumulations standing to the credit of his
or her individual account if he or she shall have not less than three but less than 16 years
of membership service, six-tenths of such interest accumulations if he or she shall have not
less than 16 but less than 21 years of membership service, seven-tenths of such interest accumulations
if he or she shall have not less than 21 but less than 26 years of membership service and
eight-tenths of such interest accumulations if he or she shall have not less than 26 years
of membership service. (b) In case of the death of a member eligible for...
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36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of
Control shall be the trustees of the several funds of the Employees' Retirement System created
by this article as provided in Section 36-27-24 and shall have full power to invest
and reinvest the funds, through its Secretary-Treasurer in the classes of bonds, mortgages,
common and preferred stocks, shares of investment companies or mutual funds, or other investments
as the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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41-9-249
Section 41-9-249 Powers and duties of commission generally. The commission shall have
the following duties and powers: (1) To promote and increase knowledge and understanding of
the history of this state from the earliest time to the present, including the archaeological,
Indian, Spanish, British, French, Colonial, Confederate and American eras, by adopting and
executing general plans, methods and policies for permanently preserving and marking objects,
sites, structures and ruins as defined in Section 41-9-242; (2) To promote and assist
in the publicizing of the historic resources of the state by preparing and furnishing information
to public mass media and to governmental agencies charged with publicity and to coordinate
any of its objectives, efforts or functions with any agency or agencies of the federal government,
of the State of Alabama and of other states or local governments having objectives similar
or related to those of the commission; (3) To accept for renovation,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-249.htm - 8K - Match Info - Similar pages
16-25-14
Section 16-25-14 Retirement of members; benefits generally. (a)(1) Any Tier I plan member
who withdraws from service upon or after attainment of age 60 and any Tier II plan member
who withdraws from service upon or after attainment of age 62, or in the case of a Tier II
plan member who is a correctional officer, firefighter, or law enforcement officer as defined
in Section 36-27-59, who withdraws from service upon or after attainment of age 56
with at least ten years of creditable service as a correctional officer, firefighter, or law
enforcement officer may retire upon written application to the Board of Control setting forth
at what time, not less than 30 days nor more than 90 days subsequent to the execution and
filing thereof, he or she desires to be retired; provided, that any such member who became
a member on or after October 1, 1963, shall have completed 10 or more years of creditable
service. (2) Any Tier I plan member who has attained age 60 and any Tier II plan member who...
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35-12-71
Section 35-12-71 Definitions. As used in this article, unless the context otherwise
requires, the following terms shall have the meanings respectively ascribed to them by this
section: (1) APPARENT OWNER. A person whose name appears on the records of a holder
as the person entitled to property held, issued, or owing by the holder. (2) BUSINESS ASSOCIATION.
A corporation, joint stock company, investment company, partnership, unincorporated association,
joint venture, limited liability company, business trust, trust company, safe deposit company,
financial organization, insurance company, mutual fund, utility, or other business entity
consisting of one or more persons, whether or not for profit. (3) DOMICILE. The state of incorporation
of a corporation and the state of the principal place of business of a holder other than a
corporation. (4) FINANCIAL ORGANIZATION. A savings and loan association, building and loan
association, industrial loan organization, credit union, cooperative bank,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-12-71.htm - 6K - Match Info - Similar pages
7-4-201
Section 7-4-201 Status of collecting bank as agent and provisional status of credits,
applicability of article; item indorsed "pay any bank." (a) Unless a contrary intent
clearly appears and before the time that a settlement given by a collecting bank for an item
is or becomes final, the bank, with respect to the item, is an agent or sub-agent of the owner
of the item and any settlement given for the item is provisional. This provision applies regardless
of the form of indorsement or lack of indorsement and even though credit given for the item
is subject to immediate withdrawal as of right or is in fact withdrawn; but the continuance
of ownership of an item by its owner and any rights of the owner to proceeds of the item are
subject to rights of a collecting bank, such as those resulting from outstanding advances
on the item and rights of recoupment or setoff. If an item is handled by banks for purposes
of presentment, payment, collection, or return, the relevant provisions of this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-4-201.htm - 1K - Match Info - Similar pages
40-10-187
Section 40-10-187 Tax lien certificate. (a) The tax collecting official shall make,
execute, and deliver a tax lien certificate to each purchaser at a tax lien sale or auction
or to each assignee thereafter and shall collect from the purchaser or assignee a fee of five
dollars ($5) for each tax lien certificate. The tax lien certificate shall be in a form provided
by the Department of Revenue and shall also include a certificate of redemption form as provided
in Section 40-10-194. (b) A tax lien certificate shall evidence the auction or sale
or assignment to the holder of the tax lien certificate of the delinquent and unpaid taxes,
penalties, interest, fees, and costs set forth therein and represented by the tax lien. (c)
A tax lien certificate shall bear the interest rate per annum as bid on by the purchaser at
the tax lien auction or as agreed upon by the purchaser at the tax lien sale, until the tax
lien certificate is redeemed as provided pursuant to Section 40-10-193. (d) The tax...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-10-187.htm - 3K - Match Info - Similar pages
26-1A-204
Section 26-1A-204 Real property. (a) Unless the power of attorney otherwise provides,
language in a power of attorney granting general authority with respect to real property authorizes
the agent to: (1) demand, buy, lease, receive, accept as a gift or as security for an extension
of credit, or otherwise acquire or reject an interest in real property or a right incident
to real property; (2) sell; exchange; convey with or without covenants, representations, or
warranties; quitclaim; release; surrender; retain title for security; encumber; partition;
consent to partitioning; subject to an easement or covenant; subdivide; apply for zoning or
other governmental permits; plat or consent to platting; develop; grant an option concerning;
lease; sublease; contribute to an entity in exchange for an interest in that entity; or otherwise
grant or dispose of an interest in real property or a right incident to real property; (3)
pledge or mortgage an interest in real property or right incident to...
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35-5A-10
Section 35-5A-10 Manner of creating custodial property and effecting transfer; form
of transfer; control of custodial property. (a) Custodial property is created and a transfer
is made whenever: (1) An uncertificated security or a certificated security in registered
form is either: a. Registered in the name of the transferor, an adult other than the transferor,
or a trust company, followed in substance by the words: "as custodian for _____ (name
of minor) under the Alabama Uniform Transfers to Minors Act"; or b. Delivered if in certificated
form, or any document necessary for the transfer of an uncertificated security is delivered,
together with any necessary endorsement to an adult other than the transferor or to a trust
company as custodian, accompanied by an instrument in substantially the form set forth in
subsection (b); (2) Money is paid or delivered to a broker or financial institution for credit
to an account in the name of the transferor, an adult other than the transferor, or...
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