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5-13B-86
Section 5-13B-86 Powers of branch and agency. (a) Except as otherwise specifically provided
in this division or in regulations or orders adopted by the superintendent, and notwithstanding
any other law or regulation of this state to the contrary, operations of a foreign bank at
an Alabama state branch or Alabama state agency shall be conducted with the same rights, privileges,
and powers as an Alabama state bank at the same location, including, but not limited to, the
eligibility to exercise fiduciary or trust powers, and shall be subject to all the same duties,
restrictions, penalties, liabilities, conditions, and limitations that would apply under the
laws of this state to an Alabama state bank doing business at the same location. (b) Among
other exceptions to the provisions of subsection (a) that may be required or authorized by
the superintendent pursuant to the provisions of this division: (1) An Alabama state branch
that was not grandfathered as an "insured branch" within the...
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6-5-500
Section 6-5-500 Intent of Legislature; legislative findings. It is the intent of the Legislature
that a comprehensive system consisting of the time for commencement of actions, for discoverability
of actions based upon insidious disease and the repose of actions shall be instituted in this
state. The Legislature finds that in order to assure the rights of all persons, and to provide
for the fair, orderly, and efficient administration of product liability actions in the courts
of this state, a complete and unified approach to the time in which product liability actions
may be brought and maintained is required. The Legislature finds that product liability actions
and litigation have increased substantially, and the cost of such litigation has risen in
recent years. The Legislature further finds that these increases are having an impact upon
consumer prices, and upon the availability, cost, and use of product liability insurance,
thus, affecting the availability of compensation for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-5-500.htm - 1K - Match Info - Similar pages
11-89-19
Section 11-89-19 Provisions of chapter as to incorporation of district, acquisition of property,
issuance of bonds, etc., exclusive; jurisdiction over and regulation of district, etc., by
State Board of Health, Public Service Commission, etc. Except as expressly otherwise provided
in this chapter, no proceeding, notice, or approval shall be required for the incorporation
of any district or the amendment of its certificate of incorporation, the acquisition of any
property, water system, sewer system, or fire protection facility or the issuance of any bonds,
mortgage and deed of trust or trust indenture; provided, however, that nothing contained in
this section shall be construed to exempt any district from the jurisdiction of the State
Board of Health. The district, every water system, sewer system, or fire protection facility
of the district and the rates and charges thereof shall be exempt from all jurisdiction of
and all regulation and supervision by the Public Service Commission and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-19.htm - 1K - Match Info - Similar pages
27-3-11
Section 27-3-11 Deposit requirements - Generally. (a) The commissioner shall not issue or permit
to exist a certificate of authority as to any insurer, other than an alien insurer, unless
it has deposited and maintains deposited in trust with the Treasurer of this state cash or
securities eligible under Section 27-6-3 and having a value at all times of not less than
$100,000.00 or the minimum paid-in capital stock, if a stock insurer, or surplus, if a mutual
or reciprocal insurer, required to be maintained by the insurer under this title for authority
to transact the kinds of insurance to be transacted, whichever is the smaller amount. (b)
The deposit shall be for the general benefit and protection of the insurer's policyholders
or its policyholders and creditors. (c) In lieu of such deposit, or part thereof, in this
state of a foreign insurer, the commissioner shall, subject to the retaliatory law, Section
27-3-29, accept the current certificate in proper form of the public official...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-3-11.htm - 3K - Match Info - Similar pages
27-7-1
Section 27-7-1 Definitions. For the purposes of this chapter, the following terms shall have
the meanings respectively ascribed to them by this section: (1) BUSINESS ENTITY. A corporation,
association, partnership, limited liability company, limited liability partnership, or other
legal entity. (2) COMMISSIONER. The Alabama Commissioner of Insurance. (3) HOME STATE. The
District of Columbia and any state or territory of the United States in which an insurance
producer maintains his or her principal place of residence or principal place of business
and is licensed to act as an insurance producer. (4) INSURANCE. As defined in Section 27-1-2.
(5) INSURANCE PRODUCER or PRODUCER. A person required to be licensed under the laws of this
state to sell, solicit, or negotiate insurance. (6) INSURER. As defined in Section 27-1-2.
For the purposes of this chapter, insurer shall also mean an insurance company licensed pursuant
to Chapter 3, commencing with Section 27-3-1 of this title; a health...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-1.htm - 7K - Match Info - Similar pages
35-4-124
Section 35-4-124 Administration and standards. (a) The Electronic Recording Commission consisting
of 14 members is created to adopt standards to implement this division. The members shall
be appointed as follows: (1) Six judges of probate or chief clerks appointed by the Alabama
Probate Judges Association. (2) Two practicing attorneys appointed by the Alabama State Bar
Association. (3) One person engaged in the business of title insurance in the State of Alabama
appointed by the Alabama Land Title Association, a division of the Dixie Land Title Association.
(4) One person appointed by the Alabama Bankers Association. (5) One person appointed by the
Association of County Commissions of Alabama. (6) The Chief Examiner of the Alabama Department
of Examiners of Public Accounts, or his or her designee. (7) The Director of the Alabama Department
of Archives and History, or his or her designee. (8) One person appointed by the Alabama Association
of Realtors. (b) To keep the standards and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-4-124.htm - 2K - Match Info - Similar pages
36-29-14
Section 36-29-14 Health insurance coverage under State Employees' Insurance Board; operation
of board. (a) Any agency of the state, or any governmental entity, body, or subdivision thereto,
any county, any municipality, any municipal foundation, any fire or water district, authority,
or cooperative, any regional planning and development commission established pursuant to Sections
11-85-50 through 11-85-73, that is not and was not for the 12 months immediately preceding
the date of application to participate in any plan created pursuant to the provisions of this
article a member of an existing government sponsored health insurance program, formed under
the provisions of Section 11-26-2, the Association of County Commissions of Alabama or the
Alabama League of Municipalities, the Alabama Retired State Employees' Association, the Alabama
State Employees Credit Union, Easter Seals Alabama, Alabama State University, the Alabama
Rural Water Association, Rainbow Omega, Incorporated, The Arc...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-29-14.htm - 5K - Match Info - Similar pages
40-14A-2
Section 40-14A-2 Operating rules. (a) The taxpayer's net worth shall be determined for purposes
of the taxes levied by this chapter in accordance with the accounting principles used in preparing
the taxpayer's financial statements reported to its owners. If the taxpayer's financial statements
are not prepared in accordance with generally accepted accounting principles, then net worth
for such purposes shall be determined either on the same basis as it prepares its federal
income tax return or as required by the appropriate regulatory agencies having jurisdiction.
However, in the case of a taxpayer that is an insurer holding a certificate of authority to
conduct an insurance business within the State of Alabama, net worth for such purposes shall
be computed on the same basis as its financial statements are prepared in accordance with
the requirements of the State of Alabama Insurance Department. (b) Net worth may be determined
from the taxpayer's financial statements for its...
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41-16-20
Section 41-16-20 Contracts for which competitive bidding required; award to preferred vendor.
(a) With the exception of contracts for public works whose competitive bidding requirements
are governed exclusively by Title 39, all contracts of whatever nature for labor, services,
work, or for the purchase or lease of materials, equipment, supplies, other personal property
or other nonprofessional services, involving fifteen thousand dollars ($15,000) or more, made
by or on behalf of any state department, board, bureau, commission, committee, institution,
corporation, authority, or office shall, except as otherwise provided in this article, be
let by free and open competitive bidding, on sealed bids, to the lowest responsible bidder.
(b) A "preferred vendor" shall be a person, firm, or corporation which is granted
preference priority according to the following: (1) PRIORITY #1. Produces or manufactures
the product within the state. (2) PRIORITY #2. Has an assembly plant or distribution...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-16-20.htm - 3K - Match Info - Similar pages
6-12A-3
Section 6-12A-3 Tobacco product manufacturer certification; directory; stamping, sale, or import
of cigarettes not in directory. (a) Certification. Every tobacco product manufacturer whose
cigarettes are sold in this state whether directly or through a distributor, retailer, or
similar intermediary or intermediaries shall execute and deliver on a form prescribed by the
commissioner, a certification to the commissioner no later than the thirtieth day of April
each year, certifying that, as of the date of the certification, the tobacco product manufacturer
either: Is a participating manufacturer or is in full compliance with Section 6-12-3, including
all quarterly installment payments required by subsection (e) of Section 6-12A-5. (1) Each
participating manufacturer shall include in its certification a list of its brand families.
The participating manufacturer shall update its list 30 days prior to any addition or modification
to its brand families by executing and delivering a...
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