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27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus
Lines Insurance Multi-State Compliance Compact Act is enacted into law and entered into with
all jurisdictions mutually adopting the compact in the form substantially as follows: PREAMBLE
WHEREAS, with regard to Non-Admitted Insurance policies with risk exposures located in multiple
states, the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted
and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
45-47-71.01
Section 45-47-71.01 Disposal of property under control of county commission. (a) All
sales or disposal of real property, tangible personal property, equipment, or other items
owned by or under the control of the county commission shall be made by free and open competitive
sealed bids or at public auction, except that all sales or exchanges of real property, equipment,
and personal property with another municipal or other governmental entity located within Marion
County may be made without the necessity of public auction or competitive sealed bids. (b)
Every proposal to make a sale covered by this section shall be publicly advertised
at least twice at two-week intervals in a newspaper of countywide circulation and a newspaper
of statewide circulation in advance of the date fixed for receiving bids. The advertisements
shall state a description of the property to be sold along with the date, time, and place
of opening of the sealed bids. (c) All bids shall be publicly owned and all...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-47-71.01.htm - 2K - Match Info - Similar pages
21-1-80
Section 21-1-80 Contracts for sale, etc., of tangible personal property or standing
timber of institute by public auction or sealed bid, advertisement of sale; manner of taking
bids and awarding contract. All contracts of whatever nature for the sale or disposal of tangible
personal property or standing timber owned by the Alabama Institute for Deaf and Blind shall
be let by free and open competitive public auction or sealed bids by the Alabama Institute
for Deaf and Blind. Every proposal to make a sale covered by this article shall be advertised
for at least two weeks in advance of the date fixed for receiving the bids. Such advertisement
shall appear at least once a week for two consecutive weeks in a newspaper of general circulation
in the county where the sale is to be made, and a copy of such proposal shall simultaneously
be posted on a readily accessible public bulletin board at the main office of the president
of the Alabama Institute for Deaf and Blind and a public bulletin...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/21-1-80.htm - 2K - Match Info - Similar pages
35-6A-10
Section 35-6A-10 Methods of sale. (a) If the court orders a sale of heirs property,
the court shall order that the sale be conducted by one or more of the following methods of
sale: Open market sale with or without a broker or brokers; by sealed bids; public auction;
or private sale. The court shall choose a method which shall be more economically advantageous
and in the best interest of the cotenants as a group. (b) If the court orders an open market
sale with or without a broker and the parties, not later than 10 days after the entry of the
order, agree on a real estate broker or brokers licensed in this state to offer the property
for sale, the court shall appoint the broker or brokers and establish terms of the listing
agreement. If the parties do not agree on a broker or brokers, the court shall appoint a disinterested
real estate broker licensed in this state to offer the property for sale and shall establish
reasonable terms. The broker or brokers shall offer the property for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-6A-10.htm - 3K - Match Info - Similar pages
11-81-11
Section 11-81-11 Sale. All bonds issued under the authority of this chapter shall be
sold at public or private sale as the governing body of the municipality or county may determine.
If the bonds are sold at public sale, the public sale shall be either on sealed bids or at
auction. The notice of public sale shall state whether the sale is to be on sealed bids or
at auction and shall also briefly recite the amount of the bonds to be sold, the maturities
thereof, the amount payable at each maturity, any redemption or prepayment privileges, the
frequency with which interest will be payable, either the rate of interest which the bonds
are to bear or that the bidders are invited to name the rate of interest in their bids and
the time and place of sale or for submitting sealed bids. Such notice shall be published once
in each of two consecutive weeks in a newspaper published in the municipality proposing to
issue the bonds, or, if there is no such newspaper published in such municipality or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-11.htm - 2K - Match Info - Similar pages
23-1-66
Section 23-1-66 Disposal of surplus personal property - Sale procedures. (a) This section
shall apply only to the property which has been held by the State Department of Transportation
for a period of not less than 60 days from the date the property is first published in the
list of surplus personal property, as set out in subsection (b) of Section 23-1-65
and not purchased by any agency as set out in subsection (c) of Section 23-1-64. (b)
All contracts made by, or on behalf of, the State Department of Transportation for the sale
or disposal of tangible personal property owned by the State Department of Transportation,
other than types of property, the disposal of which is otherwise provided for by law, or which,
by nature, are incapable of sale by auction or bid, shall be let by free and open competitive
public auction or sealed bids. (c) Every proposal to make a sale covered by this section
shall be advertised for at least two weeks in advance of the date fixed for receiving bids....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-66.htm - 4K - Match Info - Similar pages
41-10-360
Section 41-10-360 Sale of bonds at public auction; rejection of bids; notice of sale;
terms and conditions of sale; expenses, fees, etc.; recital that bonds issued pursuant to
article. Each series of the bonds shall be sold at such time or times as the directors may
determine at public sale pursuant to competitive bidding, either on sealed bids or at public
auction, to the bidder whose bid reflects the lowest total net interest cost to the authority
for the bonds being sold, computed from the date of those at the time being sold to their
respective maturities; provided, that if no bid acceptable to the authority is received it
may reject all bids. Notice of the sale of any bonds at public sale shall be given either
(1) by publication in either a financial journal or a financial newspaper published in the
City of New York, New York, or (2) by publication in a newspaper published in the state which
is customarily published not less often than six days during each calendar week, which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-360.htm - 2K - Match Info - Similar pages
11-88-95
Section 11-88-95 Notice of and sale or exchange of bonds. All bonds issued under this
article, except bonds issued to the contractor and except funding and refunding bonds issued
by exchange as provided in this section, shall be sold to the highest bidder at public
sale; provided, that if at a duly advertised public sale in accordance with this section
no legal bid acceptable to the governing body shall be received, then such bonds may be sold
within 30 days thereafter at private sale to the United States of America or to the State
of Alabama. The public sale shall be either on sealed bids or at auction. The notice of a
public sale shall state whether the sale is to be on sealed bids or at auction and shall also
briefly recite the amount of the bonds to be sold, the maturities thereof, the amount payable
at each maturity, any redemption or prepayment privileges, the frequency with which interest
will be payable, either the rate or rates of interest which the bonds are to bear or that...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-95.htm - 3K - Match Info - Similar pages
14-2-26
Section 14-2-26 Kilby property - Sale or lease by authority. (a) The authority shall
have the power to sell, convey and lease all or any part of the Kilby property and, as an
aid to such sale or lease, to cause to be prepared by competent real estate experts a land
use map and plan. No such sale or lease shall be made, however, except at public offering,
on sealed bids or at auction, and upon such published notice as the authority shall determine
to be necessary or desirable in order to attract the greatest interest from prospective bidders.
Notice of any public sale or lease shall, in any event, be given by publication in at least
three newspapers of general circulation published in the state at least three times, the first
notice to be published not less than 60 days before the date of such public offering, the
second notice to be published not less than 30 days nor more than 40 days before such public
offering and the third notice to be published not less than 10 days nor more than...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-2-26.htm - 4K - Match Info - Similar pages
16-13-96
Section 16-13-96 Sale - Generally. All warrants issued hereunder shall be sold to the
highest bidder at public sale unless sold at a better price within 30 days after failure to
receive any acceptable bid at a duly advertised public sale in accordance with this section.
A public sale shall be either on sealed bids or at auction. Bidders may be invited to name
the rate or rates of interest which the warrants are to bear or the board of education may
name a rate or rates of interest and invite bids thereon. The notice of a public sale shall
state whether the sale is to be on sealed bids or at auction and shall also state the amount
of the warrants to be sold, the maturities thereof, whether county or district tax is to be
pledged, the amount payable at each maturity and either the rate or rates of interest which
the warrants are to bear or that the bidders are invited to name the rate or rates of interest
and shall also state the time and place of the meeting of the board of education at...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-96.htm - 3K - Match Info - Similar pages
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