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10A-20-14.01
Section 10A-20-14.01 Wholesale merchants; authority to form corporation. Whenever 10 or more
wholesale merchants wish to form an association, cooperative society, or corporation for nonprofit
purposes in the sense of not paying interest or dividends on stock, but for mutual benefit
through the application of cooperation or other economic principles, they may become a body
corporate in the manner provided in Chapter 4. (Acts 1951, No. 288, p. 572, §1; Acts 1984,
No. 84-290, p. 502, §93; §10-4-280; amended and renumbered by Act 2009-513, p. 967, §350.)...
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10A-3-1.04
Section 10A-3-1.04 Purposes. (a) Nonprofit corporations may be organized under this chapter
for any lawful purpose or purposes, including, without being limited to, any one or more of
the following purposes: (1) Charitable, (2) Benevolent, (3) Eleemosynary, (4) Educational,
(5) Civic, (6) Patriotic, (7) Political, (8) Religious, (9) Social, (10) Fraternal, (11) Literary,
(12) Cultural, (13) Athletic, (14) Scientific, (15) Agricultural, (16) Horticultural, (17)
Animal husbandry, (18) Professional, commercial, industrial or trade association, (19) Cemetery
operation and maintenance, and (20) Historical. (b) Labor unions, cooperative organizations
and organizations subject to any of the provisions of the insurance laws of Alabama may not
be organized under this chapter. (c) Whenever 10 or more retail merchants wish to form a nonprofit
association, cooperative society, or corporation in the sense of paying interest or dividends
on stock, but for mutual benefit through the application of...
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10A-20-13.01
Section 10A-20-13.01 Retail merchants; authority to form corporation. Whenever 10 or more retail
merchants wish to form an association, cooperative society, or corporation for nonprofit purposes
in the sense of not paying interest or dividends on stock, but for mutual benefit through
the application of cooperation or other economic principles, they may become a body corporate
in the manner provided in Chapter 4. (Acts 1915, No. 412, p. 368; Code 1923, §7162; Code
1940, T. 10, §151; Acts 1984, No. 84-290, p. 502, §93; §10-4-260; amended and renumbered
by Act 2009-513, p. 967, §348.)...
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10A-20-9.01
Section 10A-20-9.01 Incorporation. Ten or more persons desiring to associate themselves together
for nonprofit purposes in the sense of not paying interest or dividends on stock, but for
mutual benefit through the application of cooperation, single-tax, or other economic principles,
may become a body corporate in the manner following: (1) The persons proposing to form the
corporation shall deliver to the Secretary of State for filing a declaration in writing, setting
out the name of the proposed corporation, the names of the charter members, and the purposes
of the corporation, which declaration shall constitute its corporate charter, together with
a filing fee in the amount prescribed by Chapter 1 for filing a certificate of formation.
(2) Upon the filing of such declaration, the corporation's existence begins, which shall be
perpetual, subject to revocation at any time by the Legislature. (Code 1907, §3573; Code
1923, §7046; Code 1940, T. 10, §168; Acts 1966, Ex. Sess., No. 445,...
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10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise requires,
the following terms mean: (1) AFFILIATE. A person who controls, is controlled by, or is under
common control with another person. An affiliate of an individual includes the spouse, or
a parent or sibling thereof, of the individual, or a child, grandchild, sibling, parent, or
spouse of any thereof, of the individual, or an individual having the same home as the individual,
or a trust or estate of which an individual specified in this sentence is a substantial beneficiary;
a trust, estate, incompetent, conservatee, protected person, or minor of which the individual
is a fiduciary; or an entity of which the individual is director, general partner, agent,
employee or the governing authority or member of the governing authority. (2) ASSOCIATE. When
used to indicate a relationship with: (A) a domestic or foreign entity for which the person
is: (i) an officer or governing person; or (ii) a beneficial...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-1.03.htm - 25K - Match Info - Similar pages
5-5A-44
Section 5-5A-44 Acquisition of majority of voting shares of a bank; procedure. (a) No person,
acting directly or indirectly or through or in concert with one or more persons, may acquire
control of a state bank or of any corporation or other entity having control of a state bank,
unless an application is filed with the superintendent for review of the proposed transaction
and for his or her action, if any, as provided in this section. (b) The application shall
be on a form prescribed by the superintendent and shall be made under oath. The application
must contain all information that the superintendent by regulation requires to be furnished
in an application, as well as any information that the superintendent orders to be included
in the particular application being filed and shall be accompanied by the filing fee prescribed
by the Banking Board. For the purposes of this section, the Banking Board may reduce or waive
any prescribed fees for applications where a change of control...
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28-3-190
Section 28-3-190 Levy of tax; collection; disposition of proceeds by localities; enforcement
and administration; penalties; exclusive nature of tax. (a) Levy. In addition to the excise
tax levied by Article 5A of Chapter 3 of this title and the licenses provided for by Chapter
3A of this title and by Section 28-3-194, and any acts amendatory thereof, supplementary thereto
or substituted therefor, and municipal and county licenses, there is hereby levied a privilege
or excise tax on every person licensed under the provisions of Chapter 3A who sells, stores,
or receives for the purpose of distribution, to any person, firm, corporation, club, or association
within the State of Alabama any beer. The tax levied hereby shall be measured by and graduated
in accordance with the volume of sales by such person of beer, and shall be an amount equal
to one and six hundred twenty-five thousands cents (1.625 cents) for each four fluid ounces
or fractional part thereof. (b) Collection. The tax levied...
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28-3-1
Section 28-3-1 Definitions. As used in this title, the following words shall have the following
meanings unless the context clearly indicates otherwise: (1) ALCOHOLIC BEVERAGES. Any alcoholic,
spirituous, vinous, fermented, or other alcoholic beverage, or combination of liquors and
mixed liquor, a part of which is spirituous, vinous, fermented, or otherwise alcoholic, and
all drinks or drinkable liquids, preparations or mixtures intended for beverage purposes,
which contain one-half of one percent or more of alcohol by volume, and shall include liquor,
beer, and wine. (2) ASSOCIATION. A partnership, limited partnership, or any form of unincorporated
enterprise owned by two or more persons. (3) BEER, or MALT OR BREWED BEVERAGES. Except as
otherwise provided in this subdivision, any beer, lager beer, ale, porter, malt or brewed
beverage, or similar fermented malt liquor containing one-half of one percent or more of alcohol
by volume and not in excess of thirteen and nine-tenths percent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/28-3-1.htm - 12K - Match Info - Similar pages
27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Interstate Insurance Product Regulation
Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of joint and
cooperative action among the compacting states: 1. To promote and protect the interest of
consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-60-2.htm - 45K - Match Info - Similar pages
40-23-1
Section 40-23-1 Definitions; transactions considered or not considered sales. (a) For the purpose
of this division, the following terms shall have the respective meanings ascribed by this
section: (1) PERSON or COMPANY. Used interchangeably, includes any individual, firm, copartnership,
association, corporation, receiver, trustee, or any other group or combination acting as a
unit and the plural as well as the singular number, unless the intention to give a more limited
meaning is disclosed by the context. (2) DEPARTMENT. The Department of Revenue of the State
of Alabama. (3) COMMISSIONER. The Commissioner of Revenue of the State of Alabama. (4) TAX
YEAR or TAXABLE YEAR. The calendar year. (5) SALE or SALES. Installment and credit sales and
the exchange of properties as well as the sale thereof for money, every closed transaction
constituting a sale. Provided, however, a transaction shall not be closed or a sale completed
until the time and place when and where title is transferred by...
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