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8-6-15
Section 8-6-15 Investigations and subpoenas by commission. (a) The Securities Commission, in
its discretion, may: (1) Make such public or private investigations within or outside of this
state as he deems necessary to determine whether any registration in the sale of securities
should be granted, denied, or revoked, whether any person has violated or is about to violate
any provision of this article or any rule or order hereunder, to aid in the enforcement of
this article or in the prescribing of rules and forms hereunder; (2) Require or permit any
person to file a statement in writing, under oath, or otherwise as the commission may determine,
as to all the facts and circumstances concerning the matter to be investigated; and (3) Publish
information concerning any violation of this article or any rule or order hereunder. (b) For
the purpose of any investigation or proceeding under this article, the Securities Commission
or any officer designated by it may administer oaths and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-15.htm - 2K - Match Info - Similar pages
27-29-5
Section 27-29-5 Transactions of insurers with affiliates; adequacy of surplus; dividends and
other distributions. (a) Transactions within an insurance holding company system to which
an insurer subject to registration is a party shall be subject to all of the following standards:
(1) The terms shall be fair and reasonable. (2) Agreements for cost sharing services and management
shall include such provisions as required by rule and regulation issued by the commissioner.
(3) Charges or fees for services performed shall be reasonable. (4) Expenses incurred and
payment received shall be allocated to the insurer in conformity with customary insurance
accounting practices consistently applied. (5) The books, accounts, and records of each party
to all such transactions shall be so maintained as to clearly and accurately disclose the
nature and details of the transactions including such accounting information as is necessary
to support the reasonableness of the charges or fees to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-5.htm - 11K - Match Info - Similar pages
37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies
the compact. Article III. For purposes of this compact, the following terms shall have the
following meanings: (1) Person means an individual, a corporation, a partnership, or any other
entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part
I of the Interstate Commerce Act [codified as 49 U.S.C. §1(3)]. (3) Railroad properties and
facilities mean any real or personal property or interest in property which is owned,
leased, or otherwise controlled by a railroad or other person, including, without limitation,
the authority, and which are used or are useful in rail transportation service, including,
without limiting the generality of the foregoing: a. Track, roadbed, and related structures,
including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles,
culverts, elevated structures, stations, office buildings used for operating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
8-6-7
Section 8-6-7 Registration of securities - Registration by qualification. (a) Any security
may be registered by qualification. (b) A registration statement under this section shall
contain the following information and be accompanied by the following documents in addition
to payment of the registration fee prescribed in Section 8-6-8 and, if required under Section
8-6-12, a consent to service of process meeting the requirements of that section: (1) With
respect to the issuer and any significant subsidiary, its name, address and form of organizations,
the state or foreign jurisdiction and date of its organization, the general character and
location of its business and a description of its physical properties and equipment; (2) With
respect to every director and officer of the issuer or person occupying a similar status or
performing similar functions, his name, address, and principal occupation for the past five
years, the amount of securities of the issuer held by him as of the date of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-7.htm - 7K - Match Info - Similar pages
8-6-3
Section 8-6-3 Registration and bonds of dealers, agents, investment advisers, etc. (a) It is
unlawful for any person to transact business in this state as a dealer or agent for securities
unless he or she is registered under this article. It is unlawful for any dealer or issuer
to employ an agent unless the agent is registered. (b) It is unlawful for any person to transact
business in this state as an investment adviser or as an investment adviser representative
unless: (1) He or she is so registered under this article; (2) His or her only clients in
this state are investment companies as defined in the Investment Company Act of 1940, other
investment advisers, broker-dealers, banks, trust companies, savings and loan associations,
insurance companies, employee benefit plans with assets of not less than $1,000,000, and governmental
agencies or instrumentalities, whether acting for themselves or as trustees with investment
control, or other institutional investors as are designated by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-3.htm - 12K - Match Info - Similar pages
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
8-6-6
Section 8-6-6 Registration of securities - Registration of certain securities by coordination.
(a) Any security for which a registration statement has been filed under the Securities Act
of 1933 in connection with the same offering may be registered by coordination. (b) A registration
statement under this section shall contain the following information and be accompanied by
the following documents, in addition to payment of the registration fee prescribed in Section
8-6-8: (1) Two copies of the prospectus filed under the Securities Act of 1933, together with
all amendments thereto; (2) If the Securities Commission requests, any other information or
copies of any other documents filed under the Securities Act of 1933; (3) The amount of securities
to be offered in this state; (4) The states in which a registration statement or similar document
in connection with the offering has been or is expected to be filed; (5) Any adverse order
or judgment previously entered in connection with the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-6.htm - 4K - Match Info - Similar pages
32-7-19
Section 32-7-19 Alternate methods of giving proof; registration of motor vehicle of person
required to give proof. (a) Proof of financial responsibility when required under this chapter
with respect to a motor vehicle or with respect to a person who is not the owner of a motor
vehicle may be given by filing: (1) A certificate of insurance as provided in Section 32-7-20
or Section 32-7-21; or (2) A bond as provided in Section 32-7-26; or (3) A certificate of
deposit of money or securities as provided in Section 32-7-27; or (4) A certificate of self-insurance,
as provided in Section 32-7-34, supplemented by an agreement by the self-insurer that, with
respect to accidents occurring while the certificate is in force, he or she will pay the same
judgments and in the same amounts that an insurer would have been obligated to pay under an
owner's motor vehicle liability policy if it had issued such a policy to the self-insurer.
(b) Proof of financial responsibility relating to a motor vehicle...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-19.htm - 1K - Match Info - Similar pages
8-6-14
Section 8-6-14 Filing or registration not finding of truth, completeness, etc., of documents;
representations concerning effect of registration or exemption. (a) Neither the fact that
an application for registration under Section 8-6-3 or a registration statement under Sections
8-6-5, 8-6-6 or 8-6-7 has been filed, nor the fact that a person or security is effectively
registered constitutes a finding by the Securities Commission that any document filed under
this article is true, complete, and not misleading. (b) Neither any such fact nor the fact
that an exemption or exception is available for a security or a transaction means that the
Securities Commission has passed in any way upon the merits or qualifications of or recommended
or given approval to any person, security, or transaction. (c) It is unlawful to make, or
cause to be made, to any prospective purchaser, customer, or client any representation inconsistent
with this section. (Acts 1959, No. 542, p. 1318, §14; Acts 1990, No....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-14.htm - 1K - Match Info - Similar pages
17-3-52
Section 17-3-52 Examination and oath of applicants; disclosure of information. The board of
registrars shall have power to examine, under oath or affirmation, all applicants for registration,
and to take testimony touching the qualifications of such applicants, but no applicant shall
be required to answer any question, written or oral, not related to his or her qualifications
to register. In order to aid the registrars to judicially determine if applicants to register
have the qualifications to register to vote, each applicant shall be furnished by the board
a written application, which shall be uniform in all cases with no discrimination as between
applicants, the form and contents of which application shall be promulgated by rule by the
Secretary of State of the State of Alabama. The application shall be so worded that there
will be placed before the registrars information necessary or proper to aid them to pass upon
the qualifications of each applicant. The application shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/17-3-52.htm - 3K - Match Info - Similar pages
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