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11-65-5
Section 11-65-5 Composition of commission; terms; qualifications; removal from office. (a)
Every commission shall have five members, which shall constitute its governing body. All powers
of a commission shall be exercised by its members or pursuant to their authorization. The
mayor or other chief executive officer of the sponsoring municipality and the president or
other designated presiding officer of the county commission of the host county shall each
serve as a member ex officio, unless such official exercises his or her right, as provided
in subsection (b), to appoint a fixed-term member to serve in lieu of such official. The service
of each such official as a member shall begin with the beginning of his or her tenure in such
office and shall end with the ending of such tenure or the appointment by such official of
a fixed-term member to serve in lieu of his or her ex officio service. The other three members
shall be appointed in the manner hereinafter prescribed as soon as may be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-5.htm - 17K - Match Info - Similar pages
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;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-806.htm - 2K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-706.htm - 2K - Match Info - Similar pages
7-9A-512
Section 7-9A-512 Amendment of financing statement. (a) Amendment of information in financing
statement. Subject to Section 7-9A-509, a person may add or delete collateral covered by,
continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend
the information provided in, a financing statement by filing an amendment that: (1) identifies,
by its file number, the initial financing statement to which the amendment relates; and (2)
if the amendment relates to an initial financing statement filed or recorded in a filing office
described in Section 7-9A-501(a)(1), provides the information specified in Section 7-9A-502(b).
(b) Period of effectiveness not affected. Except as otherwise provided in Section 7-9A-515,
the filing of an amendment does not extend the period of effectiveness of the financing statement.
(c) Effectiveness of amendment adding collateral. A financing statement that is amended by
an amendment that adds collateral is effective as to the added...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-512.htm - 1K - Match Info - Similar pages
7-9A-522
Section 7-9A-522 Maintenance and destruction of records. (a) Post-lapse maintenance and retrieval
of information. The filing office shall maintain a record of the information provided in a
filed financing statement for at least one year after the effectiveness of the financing statement
has lapsed under Section 7-9A-515 with respect to all secured parties of record. The record
must be retrievable by using the name of the debtor and by using the file number assigned
to the initial financing statement to which the record relates. (b) Destruction of written
records. Except to the extent that a statute governing disposition of public records provides
otherwise, the filing office immediately may destroy any written record evidencing a financing
statement. However, if the filing office destroys a written record, it shall maintain another
record of the financing statement which complies with subsection (a). (Act 2001-481, p. 647,
ยง1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-522.htm - 1K - Match Info - Similar pages
7-9A-807
Section 7-9A-807 Amendment of pre-effective date financing statement. (a) Pre-effective date
financing statement. In this section, pre-effective date financing statement means a financing
statement filed before July 1, 2014. (b) Applicable law. After July 1, 2014, a person may
add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise
amend the information provided in, a pre-effective date financing statement only in accordance
with the law of the jurisdiction governing perfection as provided in Article 9A as amended
by Act 2014-374. However, the effectiveness of a pre-effective date financing statement also
may be terminated in accordance with the law of the jurisdiction in which the financing statement
is filed. (c) Method of amending: general rule. Except as otherwise provided in subsection
(d), if the law of this state governs perfection of security interest, the information in
a pre-effective date financing statement may be amended after Act...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-807.htm - 2K - Match Info - Similar pages
7-11-105
Section 7-11-105 Transition provision on change of place of filing. (1) A financing statement
or continuation statement filed prior to February 1, 1982, which shall not have lapsed prior
to February 1, 1982, shall remain effective for the period provided in the old U.C.C., but
not less than five years after the filing. (2) With respect to any collateral acquired by
the debtor subsequent to February 1, 1982, any effective financing statement or continuation
statement described in this section shall apply only if the filing or filings are in the office
or offices that would be appropriate to perfect the security interests in the new collateral
under the new U.C.C. (3) The effectiveness of any financing statement or continuation statement
filed prior to February 1, 1982, may be continued by a continuation statement as permitted
by the new U.C.C., except that if the new U.C.C. requires a filing in an office where there
was no previous financing statement, a new financing statement...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-11-105.htm - 1K - Match Info - Similar pages
7-9A-516
Section 7-9A-516 What constitutes filing; effectiveness of filing. (a) What constitutes filing.
Except as otherwise provided in subsection (b), communication of a record to a filing office
and tender of the filing fee or acceptance of the record by the filing office constitutes
filing. (b) Refusal to accept record; filing does not occur. Filing does not occur with respect
to a record that a filing office refuses to accept because: (1) the record is not communicated
by a method or medium of communication authorized by the filing office; (2) an amount equal
to or greater than the applicable filing fee is not tendered; (3) the filing office is unable
to index the record because: (A) in the case of an initial financing statement, the record
does not provide a name for the debtor; (B) in the case of an amendment or information statement,
the record: (i) does not identify the initial financing statement as required by Section 7-9A-512
or 7-9A-518, as applicable; or (ii) identifies an initial...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-516.htm - 3K - Match Info - Similar pages
7-9A-320
Section 7-9A-320 Buyer of goods; Alabama Farmers Credit Protection Fund. (a) Buyer in ordinary
course of business. Except as otherwise provided in subsection (e), a buyer in ordinary course
of business, other than a person buying farm products from a person engaged in farming operations,
takes free of a security interest created by the buyer's seller, even if the security interest
is perfected and the buyer knows of its existence. (b) Buyer of consumer goods. Except as
otherwise provided in subsection (e), a buyer of goods from a person who used or bought the
goods for use primarily for personal, family, or household purposes takes free of a security
interest, even if perfected, if the buyer buys: (1) without knowledge of the security interest;
(2) for value; (3) primarily for the buyer's personal, family, or household purposes; and
(4) before the filing of a financing statement covering the goods. (c) Effectiveness of filing
for subsection (b). To the extent that it affects the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-320.htm - 6K - Match Info - Similar pages
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