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2-5A-35
Section 2-5A-35 Refunding bonds. (a) Any bonds issued by the Department of Agriculture and
Industries pursuant to this article may from time to time thereafter be refunded by the issuance
of refunding bonds of the Department of Agriculture and Industries; 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 issuance expenses, shall not be greater
than 97 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...
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26-1A-212
Section 26-1A-212 Claims and litigation. Unless the power of attorney otherwise provides, language
in a power of attorney granting general authority with respect to claims and litigation authorizes
the agent to: (1) assert and maintain before a court or administrative agency a claim, claim
for relief, cause of action, counterclaim, offset, recoupment, or defense, including an action
to recover property or other thing of value, recover damages sustained by the principal, eliminate
or modify tax liability, or seek an injunction, specific performance, or other relief; (2)
bring an action to determine adverse claims or intervene or otherwise participate in litigation;
(3) seek an attachment, garnishment, order of arrest, or other preliminary, provisional, or
intermediate relief and use an available procedure to effect or satisfy a judgment, order,
or decree; (4) make or accept a tender, offer of judgment, or admission of facts, submit a
controversy on an agreed statement of facts, consent...
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31-2-89
Section 31-2-89 Actions against members of military court, etc., as to sentences, warrants,
etc.; actions against officers or enlisted men for acts performed in line of duty; defense
of actions against present or former members of National Guard at state expense. No action
or proceedings shall be prosecuted or maintained against a member of a military court or officer
or person acting under its authority or reviewing its proceedings on account of the approval
or imposition or execution of any sentence or any warrant, writ, execution, process, or mandate
of a military court, nor shall any officer or enlisted man be liable to civil action or criminal
prosecution for any act done while in the discharge of his military duty, which act was done
in the line of duty. If a civil action shall be commenced in any court by any person against
any present or former member of the National Guard of this state for any act done by such
present or former member while on any duty under this chapter, or...
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34-27-58
Section 34-27-58 Acts constituting violation of article - Failure to place 50 percent of cash,
etc., received in escrow; failure to provide liability insurance, etc. (a) It shall be a violation
of this article for a seller of vacation time-sharing lease plans to fail to: (1) Place in
escrow 50 percent of the cash and receivables received from the purchasers of such plans,
such receivables to be assessed at net principal value. a. The purpose of such escrow account
is to protect the purchaser's right to a refund if at any time the accommodations and facilities
are no longer available as provided in the contract; provided however, nothing contained in
this section shall operate to deny the seller the option to repair, replace, or reconstruct,
within a reasonable time, the accommodations or facilities, if destroyed or damaged. b. The
purchaser shall be entitled to a refund from the escrow account upon the conditions described
above in an amount which represents the buyer's pro rata share...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27-58.htm - 8K - Match Info - Similar pages
40-10-83
Section 40-10-83 Effect of payment by original owner or assignee. THIS SECTION WAS AMENDED
BY ACT 2018-494 IN THE 2018 REGULAR SESSION, EFFECTIVE JANUARY 1, 2020. TO SEE THE AMENDED
VERSION, SEE THE VERSION LABELED PENDING. When the action is against the person for whom the
taxes were assessed or the owner of the land at the time of the sale, his or her heir, devisee,
vendee or mortgagee, the court shall, on motion of the defendant made at any time before the
trial of the action, ascertain (i) the amount paid by the purchaser at the sale and of the
taxes subsequently paid by the purchaser, together with 12 percent per annum thereon, subject
to the limitations set forth in Section 40-10-122(a); (ii) with respect to property located
within an urban renewal or urban redevelopment project area designated pursuant to Chapters
2 or 3 of Title 24, all insurance premiums paid or owed by the purchaser for casualty loss
coverage on insurable structures and the value of all permanent improvements...
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40-3-24
Section 40-3-24 Appeals - Right. In cases where objection has been made by any taxpayer, his
agent or attorney, as provided herein, to the taxable value fixed by the board of equalization
on any property assessed against such taxpayer, and such objections have been overruled by
said board, such taxpayer, his agent or attorney may take an appeal from the action of said
board in overruling his objection to such valuation to the circuit court of the county in
which the taxpayer's property is located. (Acts 1939, No. 143, p. 178; Code 1940, T. 51, §109.)...
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40-8-4
Section 40-8-4 Assessment ratios for purposes of local taxation. (a) During the ad valorem
tax year beginning October 1, 1978, with respect to any ad valorem tax levied by a county,
municipality, or other taxing authority other than the state, the governing body of any such
county, municipality, or other taxing authority may at any time, effective for ad valorem
tax years beginning on and after October 1, 1978, increase or decrease the ratio of assessed
value to the fair and reasonable market value or, as may otherwise be provided by law, to
the current use value, as the case may be (herein called "the assessment ratio"),
of any class of taxable property within the limits prescribed in the Constitution; provided,
that the county, municipality, or other taxing authority meets the criteria contained in this
section. If the receipts from any ad valorem tax with respect to which any assessment ratio
has been so adjusted by any taxing authority during the ad valorem tax year beginning...
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40-9B-12
Section 40-9B-12 Availability of abatements after December 31, 2018. The tax abatements and
abatements of payments in lieu of taxes authorized by the amendments to Sections 40-9B-3,
40-9B-4, and 40-9B-11 by Act 2008-275 shall not be available for new industrial or research
enterprises described in Section 40-9B-3(a)(10)e. after December 31, 2018, unless the Legislature
votes to continue or reinstate the abatements of state taxes for new industrial or research
enterprises described in Section 40-9B-3(a)(10)e. after that date. No action or inaction on
the part of the Legislature shall reduce, suspend, or disqualify any abatement in any past
or future year with respect to any qualifying industrial or research enterprises described
in Section 40-9B-3(a)(10)e. which files with the Department of Revenue, on or before December
31, 2018, a statement of intent as defined in Section 40-9B-3(a)(23). The failure of the Legislature
to vote to continue or reinstate the capital credit for new...
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40-9F-36
Section 40-9F-36 Availability of tax credits after December 31, 2022. The tax credits authorized
by this article for the substantial rehabilitation of qualified structures shall not be available
to owners of qualified structures that submit an application and rehabilitation plan after
December 31, 2022. No action or inaction on the part of the Legislature shall reduce or suspend
the tax credits authorized by this article in any past or future calendar year with respect
to a qualified structure if the owner thereof submits an application and rehabilitation plan
with the commission and the commission reserves an allocation for a tax credit on or prior
to December 31, 2022, even if the qualified structure is placed into service after December
31, 2022, and shall not affect the owner of a qualified structure if the commission has reserved
an allocation for a tax credit on or prior to December 31, 2022. (Act 2017-380, §7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-9F-36.htm - 1K - Match Info - Similar pages
40-9F-7
Section 40-9F-7 Limitations. The tax credits authorized by this chapter for the substantial
rehabilitation of qualified structures shall not be available to owners of qualified structures
that submit an application and rehabilitation plan after May 15, 2016. No action or inaction
on the part of the Legislature shall reduce or suspend the tax credits authorized by this
chapter in any past or future calendar year with respect to a qualified structure if the owner
thereof submits an application and rehabilitation plan with the commission and the commission
reserves an allocation for a tax credit on or prior to May 15, 2016, even if the qualified
structure is placed into service after May 15, 2016, and shall not affect the owner of a qualified
structure if the commission has reserved an allocation for a tax credit on or prior to May
15, 2016. (Act 2013-241, p. 579, §7.)...
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