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7-9A-316
Section 7-9A-316 Effect of change in governing law. (a) General rule: Effect on perfection
of change in governing law. A security interest perfected pursuant to the law of the jurisdiction
designated in Section 7-9A-301(1) or 7-9A-305(c) remains perfected until the earliest
of: (1) the time perfection would have ceased under the law of that jurisdiction; (2) the
expiration of four months after a change of the debtor's location to another jurisdiction;
or (3) the expiration of one year after a transfer of collateral to a person that thereby
becomes a debtor and is located in another jurisdiction. (b) Security interest perfected or
unperfected under law of new jurisdiction. If a security interest described in subsection
(a) becomes perfected under the law of the other jurisdiction before the earliest time or
event described in that subsection, it remains perfected thereafter. If the security interest
does not become perfected under the law of the other jurisdiction before the earliest...
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10A-1-3.42
Section 10A-1-3.42 Form and validity of certificates; enforcement of entity's rights;
abbreviations. (a) A certificated ownership interest in a domestic entity may contain an impression
of the seal of the entity, if any. A facsimile of the entity's seal may be printed or lithographed
on the certificate. (b) If a domestic entity is authorized to issue ownership interests of
more than one class or series, each certificate representing ownership interests that is issued
by the entity must conspicuously state on the front or back of the certificate: (1) the designations,
preferences, limitations, and relative rights of the ownership interests of each class or
series to the extent they have been determined and the authority of the governing authority
to make those determinations as to subsequent classes or series; or (2) that the information
required by subsection (1) is stated in the domestic entity's governing documents and that
the domestic entity, on written request to the entity's...
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11-53B-10
Section 11-53B-10 Redemption of property. (a) Any real property heretofore or hereafter
sold for the satisfaction of an assessment lien imposed thereon by the governing body of a
municipality may be redeemed by the former owner, or his or her assigns, or other persons
authorized to redeem property sold for taxes by the state, within two years from the date
of the sale by depositing with the officer designated by the municipality to collect the assessments
the amount of money for which the lands were sold, with interest thereon at the rate of 12
percent per annum from the date of the sale through the date of the payment. (b) In addition
to any other requirements set forth in this section, the proposed redemptioner must
pay or tender the purchaser or his transferee all insurance premiums paid or owed by the purchaser
with accrued interest on the payments computed from the date the premiums were paid at 12
percent per annum through the date of payment. (c) In addition to any other...
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45-37-162.02
Section 45-37-162.02 Notice and hearing. (a) The county may not issue debt unless it
gives notice of the proposed debt issuance as provided in subsection (b) and a hearing is
held as provided in Section 45-37-162.03. The county may not enter into a swap agreement
unless notice of the proposed swap agreement is given as provided in subsection (d), a hearing
is held as provided in Section 45-37-162.03, and competitive bids for the swap agreement
are requested as provided in Section 45-37-162.04. (b) The county shall provide notice
of a public hearing on the proposed issuance of debt. The notice shall be published in a newspaper
of general circulation in the county not less than four days before the public hearing and
shall include a brief description of all of the following information with respect to the
proposed debt: (1) The maximum principal amount of debt to be issued and the purpose or purposes
for which the debt is to be issued. (2) The interest rate or rates on the debt, if...
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11-63-2
Section 11-63-2 Loans, grants, etc., of property, payment of principal or interest on
outstanding bonds and securities, etc., by municipalities for assistance of related public
corporations authorized generally; issuance of bonds by municipalities to provide moneys for
loans, payments, etc., generally; creation of irrevocable trust funds for payment of corporate
securities. (a) In addition to all other powers that a municipality may have with respect
to a related public corporation, any municipality may, with or without consideration and on
such terms as its governing body may deem advisable: (1) Lend or donate money to, or perform
services for the benefit of, a related public corporation; (2) Donate, convey, transfer, lease,
or grant to a related public corporation any property of any kind; (3) Pay, or provide for
the payment of, the principal of or interest on any then outstanding bonds or other securities
theretofore issued by a related public corporation, whether or not such...
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32-8-87
Section 32-8-87 Dismantling, destroying, changing identity of vehicle; certificate requirements;
insurance claims; "total loss"; removal of identification numbers, plates, etc.;
transfer of salvage vehicles; inspections; "component parts"; rebuilt vehicles;
flood vehicles; online verifications. (a) Each owner of a motor vehicle and each person mentioned
as owner in the last certificate of title who scraps, dismantles, destroys, or changes the
motor vehicle in such a manner that it is not the same motor vehicle described in the certificate
of origin or certificate of title shall as soon as practicable cause the certificate of origin
or certificate of title, if any, and any other documents or information required by the department
to be mailed or delivered to the department for processing. The department shall, with the
consent of any holder of liens noted on the surrendered certificate, enter a cancellation
upon its records. Upon cancellation of a certificate of origin or certificate of...
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7-7-501
Section 7-7-501 Form of negotiation and requirements of due negotiation. (a) The following
rules apply to a negotiable tangible document of title: (1) If the document's original terms
run to the order of a named person, the document is negotiated by the named person's indorsement
and delivery. After the named person's indorsement in blank or to bearer, any person may negotiate
the document by delivery alone. (2) If the document's original terms run to bearer, it is
negotiated by delivery alone. (3) If the document's original terms run to the order of a named
person and it is delivered to the named person, the effect is the same as if the document
had been negotiated. (4) Negotiation of the document after it has been indorsed to a named
person requires indorsement by the named person and delivery. (5) A document is duly negotiated
if it is negotiated in the manner stated in this subsection to a holder that purchases it
in good faith, without notice of any defense against or claim to it...
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8-6-10
Section 8-6-10 Registration of securities - Exempt securities. Sections 8-6-4 through
8-6-9 shall not apply to any of the following securities: (1) Any security, including a revenue
obligation, issued or guaranteed by the United States, any state, any political subdivision
of a state, any agency, corporate, or other instrumentality of one or more of the foregoing;
or any certificate of deposit for any of the foregoing. (2) Any security issued or guaranteed
by Canada, any Canadian province, any political subdivision of any province, any agency, corporate,
or other instrumentality of one or more of the foregoing or any other foreign government with
which the United States currently maintains diplomatic relations if the security is recognized
as a valid obligation by the issuer or guarantor. (3) Any security issued by and representing
an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United
States or any bank, savings institution, or trust company...
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10A-1-1.06
Section 10A-1-1.06 Synonymous terms. To the extent not inconsistent with the Constitution
of Alabama of 1901, and other statutes of this state wherein the terms may be found, and as
the context requires, in this title or any other statute of this state: (1) a reference to
certificate of formation includes, in the case of a corporation, articles of incorporation,
certificate of incorporation, and charter; in the case of limited partnership, a certificate
of limited partnership and a certificate of formation; in the case of a limited liability
company, certificate of formation and articles of organization; and in the case of a business
trust or a real estate investment trust, declaration of trust and, similarly, a reference
to articles of incorporation, certificate of incorporation, charter, certificate of limited
partnership, or articles of organization includes a certificate of formation; (2) a reference
to articles of dissolution includes statement of dissolution and certificate of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-1.06.htm - 2K - Match Info - Similar pages
45-23A-22
Section 45-23A-22 Television cable system. (a) The provisions of this section
shall apply only to the City of Daleville in Dale County. (b) The municipal corporation of
the City of Daleville in Dale County shall have the right to establish, purchase, construct,
maintain, and operate a television cable system and to furnish television cable service to
their residents and residents of surrounding territory. (c) The municipal corporation is authorized
to construct, lease, purchase, or otherwise acquire television lines or cables for the furnishing
of television service from any point in this state or any other state to the municipal corporation
and surrounding territory. (d) For the purposes of this section such municipal corporation
may exercise the right of eminent domain. Such eminent domain proceedings shall be conducted
in the manner now provided by law. (e)(l) In payment for the purchase, construction, acquisition,
extension, or maintenance of the television cable system, the...
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