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10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise
requires, the following terms mean: (1) AFFILIATE. A person who controls, is controlled by,
or is under common control with another person. An affiliate of an individual includes the
spouse, or a parent or sibling thereof, of the individual, or a child, grandchild, sibling,
parent, or spouse of any thereof, of the individual, or an individual having the same home
as the individual, or a trust or estate of which an individual specified in this sentence
is a substantial beneficiary; a trust, estate, incompetent, conservatee, protected person,
or minor of which the individual is a fiduciary; or an entity of which the individual is director,
general partner, agent, employee or the governing authority or member of the governing authority.
(2) ASSOCIATE. When used to indicate a relationship with: (A) a domestic or foreign entity
for which the person is: (i) an officer or governing person; or (ii) a beneficial...
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10A-10-1.07
Section 10A-10-1.07 Classification of shares. (a) A real estate investment trust may
provide by its declaration of trust any of the following: (1) That any specified class of
shares is preferred over another class as to its distributive share of the assets on voluntary
or involuntary liquidation of the real estate investment trust and the amount of the preference.
(2) That any specified class of shares may be redeemed at the option of the real estate investment
trust or of the holders of the shares and the terms and conditions of redemption, including
the time and price of redemption. (3) That any specified class of shares is convertible into
shares of one or more classes and the terms and conditions of conversion. (4) That the holders
of any specified securities issued or to be issued by the real estate investment trust have
any voting or other rights which, by law, are or may be conferred on shareholders. (5) For
any other preferences, rights, restrictions, including restrictions on...
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10A-5A-1.08
Section 10A-5A-1.08 Limited liability company agreement - Scope; function; and limitations.
(a) Except as otherwise provided in subsections (b) and (c): (1) the limited liability company
agreement governs relations among the members as members and between the members and the limited
liability company; and (2) to the extent the limited liability company agreement does not
otherwise provide for a matter described in subsection (a)(1), this chapter governs the matter.
(b)(1) To the extent that, at law or in equity, a member or other person has duties, including
fiduciary duties, to the limited liability company, or to another member or to another person
that is a party to or is otherwise bound by a limited liability company agreement, the member's
or other person's duties may be expanded or restricted or eliminated by a written limited
liability company agreement, but the implied contractual covenant of good faith and fair dealing
may not be eliminated. (2) A written limited liability...
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10A-8A-1.08
Section 10A-8A-1.08 Effect of partnership agreement; nonwaivable provisions. (a) Except
as otherwise provided in subsections (b) and (c): (1) the partnership agreement governs relations
among the partners as partners and between the partners and the partnership; and (2) to the
extent the partnership agreement does not otherwise provide for a matter described in subsection
(a)(1), this chapter governs the matter. (b)(1) To the extent that, at law or in equity, a
partner or other person has duties, including fiduciary duties, to a partnership or to another
partner or to another person that is a party to or is otherwise bound by a partnership agreement,
the partner's or other person's duties may be expanded or restricted or eliminated by provisions
in a written partnership agreement, but the implied contractual covenant of good faith and
fair dealing may not be eliminated. (2) A written partnership agreement may provide for the
limitation or elimination of any and all liabilities for...
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11-20-6
Section 11-20-6 Bonds - Security for payment of principal and interest; remedies upon
default. The principal of and interest on any bonds issued under the authority of this article
shall be secured by a pledge of the revenues out of which such bonds shall be made payable,
may be secured by a mortgage covering all or any part of the project from which the revenues
so pledged may be derived and may be secured by a pledge of the lease of such project. The
proceedings under which such bonds are authorized to be issued or any such mortgage may contain
any agreements and provisions customarily contained in instruments securing bonds, including,
without limiting the generality of the foregoing, provisions respecting the fixing and collection
of rents for any project covered by such proceedings or mortgage, the terms to be incorporated
in the lease of such project, the maintenance and insurance of such project, the creation
and maintenance of special funds from the revenues from such project...
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11-81-246
Section 11-81-246 Assessment lien; enforcement. (a) An assessment under this article
and any interest or penalties on the assessment: (1) Is a lien against the real property on
which the assessment is imposed from the date on which the notice of contractual assessment
is recorded. (2) Subject to the requirement in Section 11-81-245(a)(1) to obtain and
record in the proper recording office an executed consent and subordination agreement from
existing mortgagees and other lienholders, has the same priority status as a lien for any
other ad valorem or non-ad valorem tax. (3) Is a lien that runs with the real property, and
the portion of the assessment under the assessment contract that has not yet become due is
not eliminated by foreclosure of a property tax lien. (b) The assessment lien may be enforced
by the local government in the same manner that an ad valorem or non-ad valorem tax lien against
real property may be enforced by the local government with all redemption rights provided...
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12-15-314
Section 12-15-314 Dispositions for dependent children. (a) If a child is found to be
dependent, the juvenile court may make any of the following orders of disposition to protect
the welfare of the child: (1) Permit the child to remain with the parent, legal guardian,
or other legal custodian of the child, subject to conditions and limitations as the juvenile
court may prescribe. (2) Place the child under protective supervision under the Department
of Human Resources. (3) Transfer legal custody to any of the following: a. The Department
of Human Resources. b. A local public or private agency, organization, or facility willing
and able to assume the education, care, and maintenance of the child and which is licensed
by the Department of Human Resources or otherwise authorized by law to receive and provide
care for the child. c. A relative or other individual who, after study by the Department of
Human Resources, is found by the juvenile court to be qualified to receive and care for the...
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2-8-241
Section 2-8-241 Collection of assessments; deductions by first purchaser; remittance
to commissioner; inspection of books and records; commissioner to deduct percent for expenses.
In the event the required number of wheat, corn, grain sorghum, and oats producers approve,
by a referendum as provided hereunder, the levy of an assessment upon the sale of wheat, corn,
grain sorghum, and oats for a promotional program, the Commissioner of Agriculture and Industries
shall, within 30 days, notify in writing every person engaged in the business of buying wheat,
corn, grain sorghum, and oats whether said buyers are located within the State of Alabama
or not, that on or after the date designated in such notice, which shall not be less than
30 nor more than 60 days after the mailing of such notice by the Commissioner of Agriculture
and Industries, that the amount of the assessment levied pursuant to the referendum shall
be deducted by all purchasers of wheat, corn, grain sorghum, and oats from...
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22-32-1
Section 22-32-1 Enactment of Southeast Interstate Low-Level Radioactive Waste Management
Compact. The Southeast Interstate Low-Level Radioactive Waste Management Compact is hereby
enacted into law and entered into by the State of Alabama with any and all states legally
joining therein in accordance with its terms, in the form substantially as follows: SOUTHEAST
INTERSTATE LOW-LEVEL RADIOACTIVE WASTE MANAGEMENT COMPACT Article I. Policy and Purpose There
is hereby created the Southeast Interstate Low-Level Radioactive Waste Management Compact.
The party states recognize and declare that each state is responsible for providing for the
availability of capacity either within or outside the state for the disposal of low-level
radioactive waste generated within its borders, except for waste generated as a result of
defense activities of the federal government or federal research and development activities.
They also recognize that the management of low-level radioactive waste is handled most...
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27-17A-31
Section 27-17A-31 Deposits into trust; trustee responsibilities; interests in funds.
(a) Any person who is paid, collects, or receives funds under a preneed contract for funeral
services or funeral merchandise to be funded by trust shall deposit in trust an amount at
least equal to the sum of 75 percent of the amount collected on the purchase price for all
funeral services and funeral merchandise sold, transportation, and facilities rented other
than outer burial containers, 60 percent of the amount collected on the purchase price for
outer burial containers, 110 percent of the wholesale cost of memorials from the amount collected
on the purchase price of memorials, and 100 percent of the amount collected on the purchase
price for all cash advance items sold. (b) All deposits shall be made within 30 days after
the end of the calendar month in which the preneed contract is paid in full, unless, prior
to that time, all liabilities of the seller under the preneed contract to deliver the...
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