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8-6-5
Section 8-6-5 Registration of securities - Registration by notification. (a) The following
securities may be registered by notification, whether or not they are also eligible for registration
by coordination under Section 8-6-6: (1) Any security whose issuer and any predecessors have
been in continuous operation for at least five years if: a. There has been no default during
the current fiscal year or within the three preceding fiscal years in the payment of principal,
interest, or dividends on any security of the issuer, or any predecessor, with a fixed maturity
or a fixed interest or dividend provision; and b. The issuer and any predecessors during the
past three fiscal years have had average net earnings determined in accordance with generally
accepted accounting practices which are applicable to all securities without a fixed maturity
or a fixed interest or dividend provision and which: 1. Equal at least five percent of the
amount of securities without a fixed maturity or a fixed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-5.htm - 5K - Match Info - Similar pages
8-9B-9
Section 8-9B-9 Defenses, liability, and protection of transferee. (a) A transfer is not voidable
under Section 8-9B-5(a)(1) against a person that took in good faith and for a reasonably equivalent
value given the debtor or against any subsequent transferee that took in good faith. (b) To
the extent a transfer is avoidable in an action by a creditor under Section 8-9B-8(a)(1),
the following rules apply: (1) Except as otherwise provided in this section, the creditor
may recover judgment for the value of the asset transferred, as adjusted under subsection
(c), or the amount necessary to satisfy the creditor's claim, whichever is less. The judgment
may be entered against: (i) the first transferee of the asset or the person for whose benefit
the transfer was made; or (ii) any subsequent transferee, other than: (A) a good-faith transferee
that took for value; or (B) a subsequent transferee of a person described in clause (A). (2)
Recovery pursuant to Section 8-9B-8(a)(1) or (b) of or from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-9B-9.htm - 4K - Match Info - Similar pages
9-16-89
Section 9-16-89 Performance bonds and bond releases. (a) After a surface coal mining and reclamation
permit application has been approved but before such a permit is issued, the applicant shall
file with the regulatory authority, on a form prescribed and furnished by the regulatory authority,
a bond for performance payable to the state and conditioned upon faithful performance of all
the requirements of this article and the permit. The bond shall cover all lands disturbed
by the surface coal mining operation and the amount of the initial bond shall be such to cover
that area of land within the permit area upon which the operator will initiate and conduct
surface coal mining and reclamation operations within the initial term of the permit. As succeeding
increments of surface coal mining and reclamation operations are to be initiated and conducted
within the permit area, the permittee shall file with the regulatory authority an additional
bond or bonds to cover such increments in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-16-89.htm - 10K - Match Info - Similar pages
7-9A-525
Section 7-9A-525 Fees. (a) Initial financing statement or other record: General rule. Except
as otherwise provided in subsection (e), and except that no filing fee is required for the
filing of a termination statement pursuant to Section 7-9A-513, the fee for filing and indexing
a record under this part is: (1) $20.00 if the record is communicated in writing and consists
of one or two pages; (2) $20.00 plus $2.00 for each page more than two if the record is communicated
in writing and consists of more than two pages; and (3) $15.00 if the record is communicated
by another medium authorized by filing-office rule. (b) Initial financing statement: Manufactured-housing
transactions: Section 7-9A-502(c). Except as otherwise provided in subsection (c), the fee
for filing and indexing an initial financing statement of the kind described in Section 7-9A-502(c)
is $10.00 if the financing statement indicates that it is filed in connection with a manufactured-home
transaction. (c) Number of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-525.htm - 5K - Match Info - Similar pages
19-3A-413
Section 19-3A-413 Property not productive of income. (a) If a marital deduction is allowed
for all or part of a trust whose assets consist substantially of property that does not provide
the spouse with sufficient income from or use of the trust assets, and if the amounts that
the fiduciary transfers from principal to income pursuant to Section 19-3A-104, if applicable,
and distributes to the spouse from principal pursuant to the terms of the trust are insufficient
to provide the spouse with the beneficial enjoyment required to obtain the marital deduction,
then the spouse may require the fiduciary (1) to make property productive of income, (2) to
convert property within a reasonable time or (3) to exercise the power conferred by Section
19-3A-104(a), if applicable. The fiduciary may decide which action or combination of actions
to take. (b) In cases not governed by subsection (a), a fiduciary shall allocate to principal
the proceeds from the sale or other disposition of an asset...
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45-37-160
Section 45-37-160 Jefferson County Commission Accountability Act. (a) This section shall be
known as the Jefferson County Commission Accountability Act. (b) No warrants or checks shall
be drawn on the county treasury or county depository until the county commission has adopted
its annual budget. (c) Every request to issue a warrant or check to be drawn on the county
treasury or county depository shall be transmitted to the appropriate county official designated
by the county commission for approval. The transmittal shall identify the appropriation item
or items from which expenditures are authorized and the amounts to be taken from each item.
The issuance of the warrant or check shall not be approved unless in the estimation of the
official there is sufficient revenue available in the applicable fund account or accounts
to support the expenditure contemplated. (d) Every request to encumber funds for expenditure
shall be transmitted to the appropriate county official designated by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-160.htm - 2K - Match Info - Similar pages
12-23A-10
Section 12-23A-10 Collection and maintenance of information; fees, costs, and restitution;
annual audit. (a) A drug court shall collect and maintain the following information for each
drug offender that is considered for admission or admitted into drug court: (1) Prior criminal
history. (2) Prior substance abuse treatment history, including information on the success
or failure of the drug offender in those programs. (3) Employment, education, and income histories.
(4) Gender, race, ethnicity, marital and family status, and any child custody and support
obligations. (5)a. Instances of recidivism occurring after successful completion of drug court.
Recidivism shall be measured at a period of three years after successful graduation. b. Instances
of recidivism occurring after a drug offender's termination in drug court for a period of
three years from release into the community. (6) The drug of choice and the estimated daily
financial cost to the drug offender at the time of entry into...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-23A-10.htm - 4K - Match Info - Similar pages
22-30-14
Section 22-30-14 Responsibilities of generators. (a) The department, acting through the commission,
is authorized to promulgate rules and regulations establishing such standards, applicable
to generators of hazardous waste as may be necessary to protect human health or the environment.
Such standards shall include but not be limited to the following: (1) Determining if solid
wastes generated are hazardous wastes as defined by this chapter; (2) Proper labeling of hazardous
wastes; (3) Assuring that all hazardous wastes generated are treated, or disposed of at treatment,
storage or disposal facilities which: a. If in state, are permitted or have interim status
under this chapter; or b. If out of state, are permitted or have interim status from a state
authorized under Section 3006 of the RCRA to operate a hazardous waste permitting program
in lieu of the federal program or are permitted or have interim status under the RCRA; (4)
Maintaining records of hazardous waste produced, generated,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30-14.htm - 3K - Match Info - Similar pages
41-14A-3
Section 41-14A-3 Public deposits to be secured; exemptions. (a) On and after January 1, 2001:
(1) All public deposits of all covered public entities and covered public officials shall
be governed by this chapter and shall be secured as provided in this chapter. (2) All public
depositors shall, notwithstanding any other laws to the contrary, place their public deposits
with one or more qualified public depositories in accordance with this chapter. Notwithstanding
the foregoing, funds placed in interest-bearing deposits through a qualified public depository
pursuant to subsection (c) shall be exempt from the other requirements of this chapter. (3)
All financial institutions shall file the reports required by this chapter or by rule, regulation,
or order of the board of directors and all financial institutions accepting any public deposits
shall be a qualified public depository and shall comply with all provisions of this chapter,
including, without limitation, the collateral pledging...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-14A-3.htm - 5K - Match Info - Similar pages
27-31B-9
Section 27-31B-9 Reports and statements. (a) Captive insurance companies shall not be required
to make any annual report except as provided in this chapter. (b) Prior to March 1 of each
year, each captive insurance company shall submit to the commissioner a report of its financial
condition, verified by oath of two of its executive officers. Except as provided in Section
27-31B-6, each captive insurance company shall report using statutory accounting principles,
unless the commissioner approves the use of generally accepted accounting principles, with
any useful or necessary modifications or adaptations thereof required or approved or accepted
by the commissioner for the type of insurance and kinds of insurers to be reported upon, and
as supplemented by additional information required by the commissioner. Except as otherwise
provided, each association captive insurance company and each industrial insured captive insurance
company insuring the risks of an industrial insured group...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31B-9.htm - 3K - Match Info - Similar pages
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