Code of Alabama

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16-44B-1
Section 16-44B-1 Compact. ARTICLE I PURPOSE It is the purpose of this compact to remove barriers
to education success imposed on children of military families because of frequent moves and
deployment of their parents by: A. Facilitating the timely enrollment of children of military
families and ensuring that they are not placed at a disadvantage due to difficulty in the
transfer of education records from the previous school district(s) or variations in entrance/age
requirements. B. Facilitating the student placement process through which children of military
families are not disadvantaged by variations in attendance requirements, scheduling, sequencing,
grading, course content or assessment. C. Facilitating the qualification and eligibility for
enrollment, educational programs, and participation in extracurricular academic, athletic,
and social activities. D. Facilitating the on-time graduation of children of military families.
E. Providing for the promulgation and enforcement of...
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7-9A-705
Section 7-9A-705 Effectiveness of action taken before January 1, 2002. (a) Pre-effective-date
action; one-year perfection period unless reperfected. If action, other than the filing of
a financing statement, is taken before January 1, 2002, and the action would have resulted
in priority of a security interest over the rights of a person that becomes a lien creditor
had the security interest become enforceable before January 1, 2002, the action is effective
to perfect a security interest that attaches under this article within one year after January
1, 2002. An attached security interest becomes unperfected one year after January 1, 2002,
unless the security interest becomes a perfected security interest under this article before
the expiration of that period. (b) Pre-effective-date filing. The filing of a financing statement
before January 1, 2002, is effective to perfect a security interest to the extent the filing
would satisfy the applicable requirements for perfection under this...
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7-9A-706
Section 7-9A-706 When initial financing statement suffices to continue effectiveness of financing
statement. (a) Initial financing statement in lieu of continuation statement. The filing of
an initial financing statement in the office specified in Section 7-9A-501 continues the effectiveness
of a financing statement filed before January 1, 2002, if: (1) the filing of an initial financing
statement in that office would be effective to perfect a security interest under this article;
(2) the pre-effective-date financing statement was filed in an office in another State or
another office in this State; and (3) the initial financing statement satisfies subsection
(c). (b) Period of continued effectiveness. The filing of an initial financing statement under
subsection (a) continues the effectiveness of the pre-effective-date financing statement:
(1) if the initial financing statement is filed before January 1, 2002, for the period provided
in former Section 7-9-403 with respect to a...
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7-9A-806
Section 7-9A-806 When initial financing statement suffices to continue effectiveness of financing
statement. (a) Initial financing statement in lieu of continuation statement. The filing of
an initial financing statement in the office specified in Section 7-9A-501 continues the effectiveness
of a financing statement filed before July 1, 2014, if: (1) the filing of an initial financing
statement in that office would be effective to perfect a security interest under Article 9A
as amended by Act 2014-374; (2) the pre-effective date financing statement was filed in an
office in another state; and (3) the initial financing statement satisfies subsection (c).
(b) Period of continued effectiveness. The filing of an initial financing statement under
subsection (a) continues the effectiveness of the pre-effective date financing statement:
(1) if the initial financing statement is filed before July 1, 2014, for the period provided
in unamended Section 7-9A-515 with respect to an initial...
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35-4-51
Section 35-4-51 What instruments admitted to record; filing as notice of contents; section
cumulative. Except as may be otherwise provided by the Uniform Commercial Code, all deeds,
mortgages, deeds of trust, bills of sale, contracts, or other documents purporting to convey
any right, title, easement, or interest in any real estate or personal property and all assignments
of mortgages, deeds of trust, or other securities for debt or extension agreements with respect
thereto, when executed in accordance with law, shall be admitted to record in the office of
the probate judge of any county. Their filing for registration shall constitute notice of
their contents. This section shall not be construed as superseding or repealing any other
laws effective in Alabama relative to the subject matter in this article, but shall be held
and construed to be cumulative. (Acts 1927, No. 442, p. 496; Code 1940, T. 47, ยง95; Acts
1965, No. 549, p. 811.)...
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11-40-65
Section 11-40-65 Filing petition for foreclosure; form of petition; notice. (a) After a municipal
code lien has been recorded with the office of the probate judge of the county in which the
real property lies, the Class 2 municipality may identify those properties on which to commence
a judicial in rem foreclosure in accordance with this article, except that those properties
the Class 2 municipality identifies as owner occupied shall not be subject to judicial in
rem foreclosure under this article. The Class 2 municipality shall not file a petition for
judicial in rem foreclosure in accordance with this article for a period of six months following
the date upon which the municipal code lien is recorded in the office of the probate judge.
A petition for judicial in rem foreclosure may include any other municipal code lien that
has been filed prior to the date the petition is filed. After enforcement proceedings have
commenced in accordance with this article, the enforcement proceedings...
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22-21-353
Section 22-21-353 Further provisions respecting issuance of securities. Any authority shall
have, in addition to the power to sell and issue interest-bearing securities that are limited
as to source of payment, the power to sell and issue interest-bearing securities that are
not limited as to source of payment and that are general obligations of the authority. The
principal of and interest on (and premium, if any) any securities issued by the authority
pursuant to the provisions of this section may be secured by: (1) A pledge of the general
credit of the authority; or (2) Both such a pledge of the general credit of the authority
and a special pledge of specific revenues or taxes (or both) identified in the proceedings
authorizing the sale and issuance of such securities; and may also be secured by a trust indenture
evidencing such pledge or by a foreclosable mortgage, mortgage indenture or mortgage and trust
indenture conveying as security for such securities all or any part of its...
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15-5-63
Section 15-5-63 Proof; forfeiture procedures. The state must prove to the court's reasonable
satisfaction that the proceeds, property, or instrumentality of any kind were used in, intended
to be used in, or derived from, a felony offense. Except as provided otherwise in this article,
the manner, method, and procedure for the seizure, forfeiture, condemnation, and disposition
shall be the same as that set out in Section 20-2-93 and Sections 28-4-286 through 28-4-290,
inclusive, except for the following: (1) An innocent owner's or bona fide lienholder's interest
in any type of property shall not be forfeited under this article for any act or omission
unless the state proves that the act or omission was committed or omitted with the knowledge
or consent of that owner or lienholder. (2) The state may stipulate that the interest of an
innocent owner or bona fide lienholder is exempt from forfeiture upon presentation of proof
of the claim. The state shall file the stipulation with the court...
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7-8-102
Section 7-8-102 Definitions. (a) In this article: (1) "Adverse claim" means a claim
that a claimant has a property interest in a financial asset and that it is a violation of
the rights of the claimant for another person to hold, transfer, or deal with the financial
asset. (2) "Bearer form," as applied to a certificated security, means a form in
which the security is payable to the bearer of the security certificate according to its terms
but not by reason of an indorsement. (3) "Broker" means a person defined as a broker
or dealer under the federal securities laws, but without excluding a bank acting in that capacity.
(4) "Certificated security" means a security that is represented by a certificate.
(5) "Clearing corporation" means: (i) a person that is registered as a "clearing
agency" under the federal securities laws; (ii) a federal reserve bank; or (iii) any
other person that provides clearance or settlement services with respect to financial assets
that would require it to...
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35-12-83
Section 35-12-83 Filing and handling of claims. (a) A person, excluding another state, claiming
property paid or delivered to the Treasurer may file a claim on a form prescribed by the Treasurer
and verified by the claimant. (b) Within 120 days after a claim is filed, the Treasurer shall
allow or deny the claim and give written notice of the decision to the claimant. If the claim
is denied, the Treasurer shall inform the claimant of the reasons for the denial and specify
what additional evidence is required before the claim will be allowed. The claimant may then
file a new claim with the Treasurer or maintain an action under Section 35-12-85. (c) Within
30 days after a claim is allowed, the property or the net proceeds of a sale of the property
must be delivered or paid by the Treasurer to the claimant. When property is paid or delivered
to the Treasurer under this article, the owner is not entitled to receive interest, thereafter;
however, the owner is entitled to receive dividends...
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