Code of Alabama

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7-9A-201
Section 7-9A-201 General effectiveness of security agreement. (a) General effectiveness.
Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective
according to its terms between the parties, against purchasers of the collateral, and against
creditors. (b) Applicable consumer laws and other law. A transaction subject to this article
is subject to any applicable rule of law which establishes a different rule for consumers
and to (i) any other statute or regulation that regulates the rates, charges, agreements,
and practices for loans, credit sales, or other extensions of credit and (ii) any consumer-protection
statute or regulation. (c) Other applicable law controls. In case of conflict between this
article and a rule of law, statute, or regulation described in subsection (b), the rule of
law, statute, or regulation controls. Failure to comply with a statute or regulation described
in subsection (b) has only the effect the statute or regulation...
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27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama
hereby agrees to the following interstate compact known as the Interstate Insurance Product
Regulation Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of
joint and cooperative action among the compacting states: 1. To promote and protect the interest
of consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
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22-21-270
Section 22-21-270 Certificates of need - Period for which valid; extension of time;
termination; transferability. (a) A certificate of need issued under subsection (a) of Section
22-21-265 and Section 22-21-268 shall be valid for a period not to exceed 12 months
and may be subject to one extension not to exceed 12 months, provided the criteria for extension
as set forth in the rules and regulations of the SHPDA are met. Applications for an extension
filed under this section shall be accompanied by a filing fee to be established by
rule, not to exceed 25 percent of the original CON application fee. If no obligation has occurred
within such period, the certificate of need shall be considered terminated and shall be null
and void. Should the obligation be incurred within such valid period, the certificate of need
shall be continued in effect for a period not to exceed one year or the completion of the
construction project, whichever shall be later, or the inauguration of the service or...
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22-18-50
Section 22-18-50 Enactment and text of Emergency Medical Services Personnel Licensure
Interstate Compact. The Emergency Medical Services Personnel Licensure Interstate Compact
is hereby enacted into law and entered into with all other jurisdictions legally joining therein
in form substantially as follows: SECTION 1. PURPOSE In order to protect the public
through verification of competency and ensure accountability for patient care related activities
all states license emergency medical services (EMS) personnel, such as emergency medical technicians
(EMTs), advanced EMTs and paramedics. This Compact is intended to facilitate the day to day
movement of EMS personnel across state boundaries in the performance of their EMS duties as
assigned by an appropriate authority and authorize state EMS offices to afford immediate legal
recognition to EMS personnel licensed in a member state. This Compact recognizes that states
have a vested interest in protecting the public's health and safety...
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6-12-2
Section 6-12-2 Definitions. As used in this chapter, the following terms shall have
the following meanings: (1) ADJUSTED FOR INFLATION. Increased in accordance with the formula
for inflation adjustment set forth in Exhibit C to the Master Settlement Agreement. (2) AFFILIATE.
A person who directly or indirectly owns or controls, is owned or controlled by, or is under
common ownership or control with, another person. Solely for purposes of this definition,
the terms "owns," "is owned," and "ownership" mean ownership
of an equity interest, or the equivalent thereof, of ten percent or more, and the term "person"
means an individual, partnership, committee, association, corporation, or any other organization
or group of persons. (3) ALLOCABLE SHARE. Allocable share as that term is defined in the Master
Settlement Agreement. (4) CIGARETTE. Any product that contains nicotine, is intended to be
burned or heated under ordinary conditions of use, and consists of or contains (i) any roll
of...
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8-1A-8
Section 8-1A-8 Provision of information in writing; presentation of records. (a) Subject
to subsection (e), if parties have agreed to conduct a transaction by electronic means and
a law requires a person to provide, send, or deliver information in writing to another person,
the requirement is satisfied if the information is provided, sent, or delivered, as the case
may be, in an electronic record capable of retention by the recipient at the time of receipt.
An electronic record is not capable of retention by the recipient if the sender or its information
processing system inhibits the ability of the recipient to print or store the electronic record.
(b) If a law other than this chapter requires a record to be posted or displayed in a certain
manner, to be sent, communicated, or transmitted by a specified method, or to contain information
that is formatted in a certain manner, the following rules apply: (1) The record shall be
posted or displayed in the manner specified in the other...
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7-9A-403
Section 7-9A-403 Agreement not to assert defenses against assignee. (a) "Value."
In this section, "value" has the meaning provided in Section 7-3-303(a).
(b) Agreement not to assert claim or defense. Except as otherwise provided in this section,
an agreement between an account debtor and an assignor not to assert against an assignee any
claim or defense that the account debtor may have against the assignor is enforceable by an
assignee that takes an assignment: (1) for value; (2) in good faith; (3) without notice of
a claim of a property or possessory right to the property assigned; and (4) without notice
of a defense or claim in recoupment of the type that may be asserted against a person entitled
to enforce a negotiable instrument under Section 7-3-305(a). (c) When subsection (b)
not applicable. Subsection (b) does not apply to defenses of a type that may be asserted against
a holder in due course of a negotiable instrument under Section 7-3-305(b). (d) Omission
of required statement...
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7-9-302
Section 7-9-302 When filing is required to perfect security interest; security interests
to which filing provisions of this article do not apply. THIS SECTION WAS REPEALED
IN THE 2001 REGULAR SESSION, BY ACT 2001-481, EFFECTIVE JAN. 1, 2002. (1) A financing statement
must be filed to perfect all security interests except the following: (a) A security interest
in collateral in possession of the secured party under Section 7-9-305; (b) A security
interest temporarily perfected in instruments, certificated securities, or documents without
delivery under Section 7-9-304 or in proceeds for a 20-day period under Section
7-9-306; (c) A security interest created by an assignment of a beneficial interest in a trust
or a decedent's estate; (d) A purchase money security interest in consumer goods; but filing
is required for a motor vehicle required to be registered; and fixture filing is required
for priority over conflicting interests in fixtures to the extent provided in Section
7-9-313; (e) An...
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27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus
Lines Insurance Multi-State Compliance Compact Act is enacted into law and entered into with
all jurisdictions mutually adopting the compact in the form substantially as follows: PREAMBLE
WHEREAS, with regard to Non-Admitted Insurance policies with risk exposures located in multiple
states, the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted
and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
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5-19-21
Section 5-19-21 Administrator authorized to make rules and regulations; filing notice
of intended action with Legislative Reference Service; transactions entered into after May
20, 1996. (a) The administrator is authorized and empowered to promulgate rules and regulations
and official interpretations (collectively "regulations") as may be necessary or
appropriate for the execution and enforcement of this chapter. The administrator or, if authorized
by regulation, the administrator's designee, or both, may also issue written interpretations
of consumer finance statutes and regulations and this chapter. (b)(1) Prior to the adoption,
amendment, or repeal of any regulation, the administrator shall give at least 35 days' notice
of its intended action by filing notice of intended action with the Legislative Reference
Service for publication in the Alabama Administrative Monthly. The date of publication in
the Alabama Administrative Monthly shall constitute the date of notice. The notice...
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