Code of Alabama

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5-17-16
Section 5-17-16 Disposition of shares or deposit account of deceased person. Whenever
a person shall die leaving a share or deposit account in a credit union not exceeding ten
thousand dollars ($10,000), the credit union having the share or deposit account may discharge
itself from liability thereafter by paying the funds in the share or deposit account to the
widow or surviving husband of the deceased or, if there is no widow or surviving husband,
to the persons having the actual custody or control of the minor child or children of the
deceased; provided, that such person, if not the legal guardian, shall execute to the probate
judge of the county a bond in the penal sum of double the amount of such deposit for the faithful
accounting of the money so received, which shall be approved by the probate judge, or, if
there is no minor child or children, to the person or persons who under the laws of Alabama
are the heirs and inherit the personal property of the deceased. No such payment is...
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10A-2A-6.27
Section 10A-2A-6.27 Restriction on transfer of stock. (a) The certificate of incorporation,
the bylaws, an agreement among stockholders, or an agreement between stockholders and the
corporation may impose restrictions on the transfer or registration of transfer of stock of
the corporation. A restriction does not affect stock issued before the restriction was adopted
unless the holders of the stock are parties to the restriction agreement or voted in favor
of the restriction. (b) A restriction on the transfer or registration of transfer of stock
is valid and enforceable against the corporation, the holder, or a transferee of the holder
if the restriction is authorized by this section and as provided in Section
10A-1-3.42, and its existence is noted conspicuously on the front or back of the certificate
or is contained in the information required by Section 10A-1-3.45. Unless so noted
or contained, a restriction is not enforceable against a person without knowledge of the restriction.
(c)...
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2-27-9
Section 2-27-9 Registration, application, and fees; registration powers of commissioner;
appeal and review. (a) Every pesticide or device which is distributed, sold, or offered for
sale within this state or delivered for transportation or transported in intrastate commerce
or between points within this state through any point outside this state shall be registered
with the commissioner upon application forms prescribed and furnished by the commissioner,
and such registration or registrations shall be renewed during the registrant's renewal year,
due January 1 of the renewal year. The applicant shall pay a biennial registration fee established
by the Board of Agriculture and Industries not to exceed six hundred dollars ($600). The fee
shall be paid according to the schedule in subsection (i). The fee shall accompany the application
for registration and be deposited to the credit of the Agricultural Fund of the State Treasury
for the exclusive benefit of the Pesticide Management Division...
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27-39-6
Section 27-39-6 Application for certificate of authority; annual license fee; issuance
of license. (a) Within 30 days after January 1, 1972, every automobile club or association
organized and/or operating in the State of Alabama shall file with the commissioner an application
for a certificate of authority to continue said operations within the state, and every automobile
club or association desiring to commence operations within the state shall, prior to the commencement
of said operation, file application with and receive a certificate of authority from the commissioner.
No certificate of authority shall be issued until the automobile club or association has paid
to the commissioner $250.00 as an annual license fee, which fee shall not be returnable. Licenses
shall be issued for the period beginning January 1 of each year and shall expire on the following
December 31. The commissioner shall deposit all fees collected in the State Treasury to the
credit of the General Fund. (b) The...
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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...
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11-95-2
Section 11-95-2 Definitions. The following words and phrases used in this chapter, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein and shall, except
where the context otherwise requires, be deemed to cover both singular and plural: (1) ALTERNATING
DIRECTOR. The director initially elected by the governing body of the authorizing municipality
and thereafter alternately by the governing bodies of the authorizing county and the authorizing
municipality. (2) APPLICANT. A natural person who files a written application with the governing
body of any county and with the governing body of any municipality located wholly or partially
within such county in accordance with the provisions of Section 11-95-3. (3) AUTHORIZING
COUNTY. Any county the governing body of which shall have adopted an authorizing resolution.
(4) AUTHORIZING MUNICIPALITY. Any municipality the...
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27-32-1
Section 27-32-1 Definitions. For the purposes of this chapter, the following terms shall
have the meanings respectively ascribed to them by this section: (1) IMPAIRMENT or
INSOLVENCY. The capital of a stock insurer, the net assets of a Lloyd's plan insurer or the
surplus of a mutual or reciprocal insurer shall be deemed to be impaired and the insurer shall
be deemed to be insolvent when such insurer is not possessed of assets at least equal to all
liabilities and required reserves, together with its total issued and outstanding capital
stock, if a stock insurer, or the minimum surplus, if a Lloyd's plan, mutual or reciprocal
insurer, required by this title to be maintained for the kind or kinds of insurance it is
then authorized to transact. (2) INSURER. Any person, firm, corporation, association, or aggregation
of persons doing an insurance business and subject to the insurance supervisory authority
of, or to liquidation, rehabilitation, reorganization, or conservation by, the...
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27-41-6
Section 27-41-6 Limitations upon investments generally. (a) An insurer shall not have
at any one time any single investment or combination of investments in or loans upon the security
of the obligations, property, or securities of any one person aggregating in cost to the insurer
in excess of the greater of 10 percent of such insurer's assets or the total of its capital
and surplus, as shown in the latest annual report of the insurer filed pursuant to subsection
(a) of Section 27-3-26 of the Alabama Insurance Code, less the minimum capital and
surplus required of said insurer for authority to transact insurance by Sections 27-3-7 and
27-3-8 of the Alabama Insurance Code. The restriction of this subsection shall not apply to
evidences of indebtedness issued, assumed, or guaranteed by the United States of America or
any department, agency, or instrumentality thereof or by any state of the United States. (b)
An insurer shall at all times invest and maintain invested funds in cash and...
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34-23-50
Section 34-23-50 Required. (a) It shall be unlawful for any person, firm, or corporation
to practice pharmacy in this state or to permit prescriptions to be compounded and/or dispensed
by persons other than those duly licensed by the board to practice pharmacy in this state;
provided, that any person who holds a professional degree in pharmacy from a school of pharmacy
recognized by the board who is serving his or her internship under the immediate direct supervision
of a pharmacist on the premises registered by the board and any person who is enrolled in
a school of pharmacy recognized by the board working under the immediate and direct supervision
of a pharmacist on the premises registered by the board pursuing his or her education as a
pharmacist shall be permitted to compound and/or dispense prescriptions. In order to be considered
enrolled in a school of pharmacy and pursuing his or her education as a pharmacist, a person
shall not be absent from the school of pharmacy for more...
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35-12-71
Section 35-12-71 Definitions. As used in this article, unless the context otherwise
requires, the following terms shall have the meanings respectively ascribed to them by this
section: (1) APPARENT OWNER. A person whose name appears on the records of a holder
as the person entitled to property held, issued, or owing by the holder. (2) BUSINESS ASSOCIATION.
A corporation, joint stock company, investment company, partnership, unincorporated association,
joint venture, limited liability company, business trust, trust company, safe deposit company,
financial organization, insurance company, mutual fund, utility, or other business entity
consisting of one or more persons, whether or not for profit. (3) DOMICILE. The state of incorporation
of a corporation and the state of the principal place of business of a holder other than a
corporation. (4) FINANCIAL ORGANIZATION. A savings and loan association, building and loan
association, industrial loan organization, credit union, cooperative bank,...
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