9-7-11
Section 9-7-11 Purpose of chapter; legislative findings. The purpose of this chapter is to
promote, improve and safeguard the lands and waters located in the coastal areas of this state
through a comprehensive and cooperative program designed to preserve, enhance and develop
such valuable resources for the present and future well-being and general welfare of the citizens
of this state. In promulgating such a program, the Legislature of Alabama recognizes and declares
that: (1) The coastal area is rich in a variety of natural, commercial, recreational, industrial
and aesthetic resources of immediate and potential value to the present and future well-being
of the state; (2) There are increasing and competing demands upon the lands and waters of
the coastal area occasioned by population growth and economic development, including requirements
for industry, commerce, residential development, recreation, extraction of mineral resources
and fossil fuels, transportation and navigation, waste...
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22-3A-14
Section 22-3A-14 Refunding bonds. (a) Any bonds issued by the authority under this chapter
may from time to time thereafter be refunded by the issuance of refunding bonds of the authority;
provided, however, that no refunding bonds shall be issued unless the present value of all
debt service on the refunding bonds (computed with a discount rate equal to the true interest
rate of the refunding bonds and taking into account all underwriting discount and other issuance
expenses) shall not be greater than 95 percent of the present value of all debt service on
the bonds to be refunded (computed using the same discount rate and taking into account the
underwriting discount and other issuance expenses originally applicable to such bonds) determined
as if such bonds to be refunded were paid and retired in accordance with the schedule of maturities
(considering mandatory redemption as a scheduled maturity) provided at the time of their issuance.
Provided further that the average maturity of the...
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25-5-83
Section 25-5-83 Commutation of compensation to lump sum payments. By agreement of the parties
and with approval of the court, the amounts of compensation payable periodically, under this
article and Article 4 of this chapter, may be commuted to one or more lump sum payments. No
commutation shall be approved by the court unless the court is satisfied that it is in the
best interest of the employee or the employee's dependent, in case of death, to receive the
compensation in a lump sum rather than in periodic payments. In making the commutations, the
lump sum payment shall, in the aggregate, amount to a sum equal to the present value of all
future installments of compensation calculated on a six percent basis. (Acts 1919, No. 245,
p. 206; Code 1923, §7573; Acts 1939, No. 661, p. 1036, §6; Code 1940, T. 26, §299; Acts
1949, No. 36, p. 47; Acts 1957, No. 336, p. 437; Acts 1969, No. 233, p. 557, §4; Acts 1975,
4th Ex. Sess., No. 86, p. 2729, §9; Acts 1992, No. 92-537, p. 1082, §27.)...
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27-36A-9
Section 27-36A-9 Reserve valuation method - Annuity and pure endowment benefits. (a) This section
shall apply to all annuity and pure endowment contracts other than group annuity and pure
endowment contracts purchased under a retirement plan or plan of deferred compensation, established
or maintained by an employer, including a partnership or sole proprietorship, or by an employee
organization, or by both, other than a plan providing individual retirement accounts or individual
retirement annuities under Section 408 of the Internal Revenue Code, as now or hereafter amended.
(b) Reserves according to the commissioner's annuity reserves method for benefits under annuity
or pure endowment contracts, excluding any disability and accidental death benefits in the
contracts, shall be the greatest of the respective excesses of the present values, at the
date of valuation, of the future guaranteed benefits, including guaranteed nonforfeiture benefits,
provided for by the contracts at the end of...
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6-6-255
Section 6-6-255 Proceedings when officer fails to find and take property. If the officer fails
to find and take the goods and chattels, he may summon the defendant to appear as in other
cases, and the plaintiff may then declare and prosecute the action alone for the recovery
of the value of the property and damages for the taking and detention of the property as if
he had thus commenced his action by a complaint. (Code 1907, §3779; Code 1923, §7390; Code
1940, T. 7, §919.)...
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7-2A-506
Section 7-2A-506 Statute of limitations. (1) An action for default under a lease contract,
including breach of warranty or indemnity, must be commenced within 4 years after the cause
of action accrued. By the original lease contract the parties may reduce the period of limitation
to not less than one year. (2) A cause of action for default accrues when the act or omission
on which the default or breach of warranty is based is or should have been discovered by the
aggrieved party, or when the default occurs, whichever is later. A cause of action for indemnity
accrues (a) in the case of an indemnity against liability, when the act or omission on which
the claim for indemnity is based is or should have been discovered by the indemnified party,
or when the default occurs, whichever is later, (b) in the case of an indemnity against loss
or damage, when the person indemnified makes payment thereof. A cause of action for damages
for injury to the person in the case of consumer goods accrues...
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7-7-209
Section 7-7-209 Lien of warehouse. (a) A warehouse has a lien against the bailor on the goods
covered by a warehouse receipt or storage agreement or on the proceeds thereof in its possession
for charges for storage or transportation, including demurrage and terminal charges, insurance,
labor, or other charges, present or future, in relation to the goods, and for expenses necessary
for preservation of the goods or reasonably incurred in their sale pursuant to law. If the
person on whose account the goods are held is liable for similar charges or expenses in relation
to other goods whenever deposited and it is stated in the warehouse receipt or storage agreement
that a lien is claimed for charges and expenses in relation to other goods, the warehouse
also has a lien against the goods covered by the warehouse receipt or storage agreement or
on the proceeds thereof in its possession for those charges and expenses, whether or not the
other goods have been delivered by the warehouse....
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12-16-8.1
Section 12-16-8.1 Discharge of employee or adverse employee action. (a) No employer in this
state may discharge any employee or subject any employee to an adverse employment action solely
because he or she serves on any jury empanelled under any state or federal statute; provided,
however, that the employee reports for work on his or her next regularly scheduled hour after
being dismissed from any jury. (b) Any employee who is so discharged or subjected to an adverse
employment action shall have a cause of action against the employer for the discharge or adverse
employment action in any court of competent jurisdiction in this state and shall be entitled
to recover both actual and punitive damages. (c) The provisions of this section are supplemental
to any statutes, existing or to be enacted in the future, that are designed to protect and
safeguard a citizen's right and duty to serve on a lawful jury, and the provisions of this
section shall not repeal or supersede the provisions of any...
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18-1A-193
Section 18-1A-193 Evidence supporting opinion as to value. For the purpose of supporting an
opinion as to the value of property, evidence may be received relating but not limited to
the following factors: (1) Extent of loss of property and improvement; (2) Present use of
the property, and the highest and best use for which it is reasonably suitable and available
in the reasonably foreseeable future; (3) Extent of loss of a legal nonconforming use; (4)
Extent of damage to crops; and (5) Existing zoning or other restrictions upon use, and the
reasonable probability of a change in those restrictions. (Acts 1985, No. 85-548, p. 802,
§1104.)...
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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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