Code of Alabama

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9-17-13
Section 9-17-13 Integration of interests; cycling operations; orders of board; procedures.
(a) When any mineral or other related interests deriving from two or more separately owned
tracts of land are embraced within an established or a proposed drilling or production unit,
or when there are separately owned interests in all or a part of an established or proposed
drilling or production unit, or any combination of such, the persons owning the interests
therein may validly agree to integrate or pool the interests and to develop the interests
and associated lands as a drilling or production unit. Where, however, the owners have not
agreed to so integrate or pool the interests, the board shall, for the prevention of waste
or to avoid the drilling of unnecessary wells, require the persons owning such interests to
do so and to develop their interests and the associated lands as a drilling or production
unit. (b) The board, in order to prevent waste and avoid the drilling of unnecessary...
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8-1A-6
Section 8-1A-6 Construction and application. This chapter shall be construed and applied in
each of the following manners: (1) To facilitate electronic transactions consistent with other
applicable law. (2) To be consistent with reasonable practices concerning electronic transactions
and with the continued expansion of those practices. (3) To effectuate its general purpose
to make uniform the law with respect to the subject of this chapter among states enacting
it. (Act 2001-458, p. 597, §1.)...
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8-1A-12
Section 8-1A-12 Retention of electronic records; originals. (a) If a law requires that a record
be retained, the requirement is satisfied by retaining an electronic record of the information
in the record which meets the following requirements: (1) Accurately reflects the information
set forth in the record as it was first generated in final form as an electronic record or
otherwise. (2) Remains accessible for later reference. (b) A requirement to retain a record
in accordance with subsection (a) does not apply to any information the sole purpose of which
is to enable the record to be sent, communicated, or received. (c) A person may satisfy subsection
(a) by using the services of another person if the requirements of that subsection are satisfied.
(d) If a law requires a record to be presented or retained in its original form, or provides
consequences if the record is not presented or retained in its original form, that law is
satisfied by an electronic record retained in accordance...
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15-27-14
Section 15-27-14 Applicability - Alabama Securities Commission. Nothing in this chapter shall
be applicable to the Alabama Securities Commission, its statutes, rules, regulations, policies,
information repository, or records, nor shall any expungement information, record, document,
whether printed, electronic, or otherwise, or file which is expunged under this chapter be
considered nondisclosable or nonreportable to or by the Alabama Securities Commission. Any
requirement for licensing or registration which includes information that has been otherwise
expunged under this chapter shall remain reportable as required by the Alabama Securities
Commission, applicable federal law, or adopted rules and regulations or as required by any
securities-related self-regulatory organization rules, policies, or procedures. (Act 2014-292,
p. 1043, §14.)...
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10A-4-2.02
Section 10A-4-2.02 Required statement of purpose in certificate of formation. (a) Any corporation
whose certificate of formation includes as a stated purpose the performance of professional
services may be incorporated under this chapter by stating in its certificate of formation
that it is incorporated under this chapter. (b) A professional business corporation, other
than a nonprofit professional corporation, which is subject to this chapter shall cease being
governed by this chapter and shall be governed by the Alabama Business Corporation Law, if
it is a domestic corporation, if it amends its certificate of formation to delete the statement
that it is organized under this chapter, and conforms its articles to the Alabama Business
Corporation Law and, if it is a foreign corporation, complies with the provisions of this
title applicable to foreign entities. A domestic nonprofit professional corporation which
is subject to this chapter shall cease being governed by this chapter and...
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8-1A-5
Section 8-1A-5 Use of electronic records and electronic signatures; variation by agreement.
(a) This chapter does not require a record or signature to be created, generated, sent, communicated,
received, stored, or otherwise processed or used by electronic means or in electronic form.
(b) This chapter applies only to transactions between parties each of which has agreed to
conduct transactions by electronic means. Whether the parties agree to conduct a transaction
by electronic means is determined from the context and surrounding circumstances, including
the parties' conduct. (c) A party that agrees to conduct a transaction by electronic means
may refuse to conduct other transactions by electronic means. The right granted by this subsection
may not be waived by agreement. (d) Except as otherwise provided in this chapter, the effect
of any of its provisions may be varied by agreement. The presence in certain provisions of
this chapter of the words "unless otherwise agreed," or words of...
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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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27-22-42
Section 27-22-42 Policyholders Bill of Rights. The following shall serve as the minimum standards
to be followed by the Alabama Department of Insurance in exercising the department's powers
and duties in regulating insurance companies pursuant to Chapter 12. The Department of Insurance
and insurance companies shall post this list or an electronic link of this list on their respective
websites. These standards include the following: (1) Policyholders shall have the right to
competitive pricing practices of insurers as prescribed by applicable federal or state insurance
law and regulation. (2) Policyholders shall have the right to insurance advertising and sales
approaches that provide representative information on the policy in accordance with Chapter
12. (3) Policyholders shall have the right to assurance that the insurance market in general
and their insurance company in particular are financially stable as provided in Section 27-12-7.
(4) Policyholders shall have the right to receive...
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13A-8-31.2
Section 13A-8-31.2 Registration and reporting requirements. (a) All secondary metals recyclers
subject to this article shall register with the Alabama Criminal Justice Information Center
(ACJIC) by August 31, 2012, and shall pay an annual registration fee of two hundred fifty
dollars ($250) to ACJIC. In the event the electronic reporting system is not fully implemented
by August 1, 2012, the record maintenance and reporting requirements of the current law shall
remain in full force and effect until such time as the ACJIC electronic reporting system is
fully implemented. The registration shall include the name of the business, address of the
business, telephone number, and the name of the owner or owners of the business. (b)(1) Prior
to January 1, 2013, secondary metals recyclers shall continue to abide by any reporting requirements
currently in effect and followed by the recyclers. (2) Effective January 1, 2013, secondary
metals recyclers shall enter the information required by...
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8-1A-15
Section 8-1A-15 Time and place of sending and receipt. (a) Unless otherwise agreed between
the sender and the recipient, an electronic record is sent when the record meets all of the
following requirements: (1) The record is addressed properly or otherwise directed properly
to an information processing system that the recipient has designated or uses for the purpose
of receiving electronic records or information of the type sent and from which the recipient
is able to retrieve the electronic record. (2) The record is in a form capable of being processed
by that system. (3) The record enters an information processing system outside the control
of the sender or of a person that sent the electronic record on behalf of the sender or enters
a region of the information processing system designated or used by the recipient which is
under the control of the recipient. (b) Unless otherwise agreed between a sender and the recipient,
an electronic record is received when the record meets the...
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