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5-19-6
Section 5-19-6 Copies of instruments signed by debtors to be furnished to debtors; required
statement in contracts, etc.; limitation on disclosure requirements; intent, applicability
of limitation. (a) Any creditor, when extending credit with respect to a consumer credit transaction,
other than under an open-end credit plan, shall at that time furnish to the debtor a copy
of each instrument executed by the debtor in connection with the consumer credit transaction.
The consumer credit transaction contract or note shall contain the following statement in
eight point or larger type immediately above the space for the borrower's signature. "CAUTION
- IT IS IMPORTANT THAT YOU THOROUGHLY READ THE CONTRACT BEFORE YOU SIGN IT." (b) No disclosures
are required by this chapter to be made by a creditor with respect to any transaction other
than disclosures required by regulations made by the administrator pursuant to Section 5-19-21
and disclosures required by subsection (a) above and by Sections...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19-6.htm - 2K - Match Info - Similar pages
16-25A-44
Section 16-25A-44 Participation of employees; purchase of benefits. In order to carry out the
provisions of the flexible employee benefit plan or any long-term care plan, or both, the
head of each department, agency, board of education, or other employer with employees as defined
by Section 16-25A-1 shall provide, at no local administrative cost to the employee, the flexible
employee benefit plan as provided for in this article to every employee and is authorized
on behalf of the state to deduct or reduce from salary or wages amounts voluntarily designated
by the employees pursuant to salary reduction agreements or benefit deduction agreements for
purchasing benefits offered under the plan and such reduction from salary and wages shall
be remitted to the board for administration of the program. Employers with employees as defined
by Section 16-25A-11 must offer such benefits as required by and under such conditions as
established by the board. (Act 2004-650, 1st Sp. Sess., p. 31, §5.)...
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18-1A-22
Section 18-1A-22 Offer to purchase at full appraised value; amount of compensation; written
statement and summary; waiver valuation. (a)(1) Before commencing a condemnation action, the
condemnor shall establish an amount based on an appraisal, except as otherwise provided in
subsection (e), which it believes to be just compensation therefor and promptly shall submit
to the owner an offer to acquire the property for the full amount so established. (2) The
amount may not be less than the condemnor's established amount of just compensation for the
property. (b) In a total taking, the condemnor shall disregard any decrease or increase in
the fair market value of the property caused by the project for which the property is to be
acquired or by the reasonable likelihood that the property will be acquired for that project,
other than normal depreciation. (c)(1) The amount of compensation to which the owners and
other parties interested therein are entitled may not be reduced or diminished...
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37-12-5
Section 37-12-5 Purchase of coal produced in Alabama required. In order to enforce the provisions
of this chapter, a cogenerator who uses coal as a fuel source to produce electrical power
shall purchase coal produced in the State of Alabama provided that such Alabama coal is available
to the cogenerator at prices and under terms and conditions (including availability, quantity,
quality and reliability of supplier) at least as favorable as coal produced outside the State
of Alabama. (Acts 1983, No. 83-574, p. 880, §5.)...
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22-21-260
Section 22-21-260 Definitions. As used in this article, the following words and terms, and
the plurals thereof, shall have the meanings ascribed to them in this section, unless otherwise
required by their respective context: (1) ACQUISITION. Obtaining the legal equitable title
to a freehold or leasehold estate or otherwise obtaining the substantial benefit of such titles
or estates, whether by purchase, lease, loan or suffrage, gift, devise, legacy, settlement
of a trust or means whatever, and shall include any act of acquisition. The term "acquisition"
shall not mean or include any conveyance, or creation of any lien or security interest by
mortgage, deed of trust, security agreement, or similar financing instrument, nor shall it
mean or include any transfer of title or rights as a result of the foreclosure, or conveyance
or transfer in lieu of the foreclosure, of any such mortgage, deed of trust, security agreement,
or similar financing instrument, nor shall it mean or include any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-260.htm - 11K - Match Info - Similar pages
25-7-41
Section 25-7-41 Definitions; limitations on compensation and employment benefits not required
by state or federal laws. (a) For purposes of this article, the following words have the following
meanings: (1) DISCRIMINATION. An action by an employer or a distinction by an employer that
adversely affects an employee or job applicant based on a group, class, or category to which
that person belongs. (2) EMPLOYEE. An individual employed in this state by an employer or
a natural person who performs services for an employer for valuable consideration and does
not include a self-employed independent contractor. (3) EMPLOYER. A person engaging in any
activity, enterprise, or business in this state employing one or more employees, or a person,
association, or legal or commercial entity receiving services from an employee or independent
contractor and, in return, giving compensation of any kind to such employee or independent
contractor. (4) FEDERAL LABOR LAWS. The National Labor Relations Act,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-7-41.htm - 3K - Match Info - Similar pages
8-21B-4
Section 8-21B-4 Amendment, termination, etc., of dealer agreement - Good cause required. (a)
Notwithstanding the terms, provisions, or conditions of any agreement or dealer agreement,
no supplier shall unilaterally amend, terminate, or refuse to renew any dealer agreement,
or unilaterally cause a dealer to resign from a dealer agreement, unless the supplier has
first complied with this chapter and good cause exists for amendment, termination, nonrenewal,
or causing of resignation. The term good cause shall not include the sale or purchase of a
supplier. The term good cause shall be limited to withdrawal by the supplier, its successors,
and assigns of the sale of its products in Alabama or dealer performance deficiencies including,
but not limited to, failure by the dealer to comply substantially, without reasonable cause,
with any reasonable and material requirement imposed upon such dealer in writing by the supplier,
including, but not limited to, a substantial failure by a dealer to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-21B-4.htm - 2K - Match Info - Similar pages
16-13B-7
Section 16-13B-7 Defaulting bidder; award to second lowest responsible bidder; preferences;
sole source specification; life cycle costs; rejection of bids; lease-purchase contracts.
(a) When purchases are required to be made through competitive bidding, awards shall be made
to the lowest responsible bidder taking into consideration the qualities of the commodities
proposed to be supplied, their conformity with specifications, the purposes for which required,
the terms of delivery, transportation charges, and the dates of delivery. If at any time after
the award has been made the lowest responsible bidder notifies the awarding authority in writing
that the bidder will no longer comply with the terms of the award to provide the goods or
services to the awarding authority under the terms and conditions of the original award, or
the awarding authority documents that the lowest responsible bidder defaults under the terms
of the original award, the awarding authority may terminate the award...
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19-3-20
Section 19-3-20 Right of creditors to apply for order requiring trustee to give bond. When
an express trust is created for the payment or security of debts and, by the terms thereof,
the trustee is not required to give bond with surety, any creditor interested therein may
apply to the register or clerk of the circuit court of the county in which the trust property,
or the most valuable portion thereof, may be, for an order requiring such trustee to give
bond with surety for the faithful administration of the trust. (Code 1886, §3549; Code 1896,
§4152; Code 1907, §6054; Code 1923, §10391; Code 1940, T. 58, §8.)...
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19-3B-506
Section 19-3B-506 Overdue distribution. (a) In this section, "mandatory distribution"
means a distribution of income or principal that the trustee is required to make to a beneficiary
under the terms of the trust, including a distribution upon termination of the trust. The
term excludes a distribution subject to the exercise of the trustee's discretion regardless
of whether the terms of the trust (i) include a support or other standard to guide the trustee
in making distribution decisions or (ii) provide that the trustee "may" or "shall"
make discretionary distributions, including distributions pursuant to a support or other standard.
(b) Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary
may compel a mandatory distribution of income or principal to a beneficiary, including a distribution
upon termination of the trust, if the trustee has not made the distribution to the beneficiary
within a reasonable time after the mandated distribution...
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