|
11-62-8
Section 11-62-8 Bonds and notes generally - Form, terms, denominations, etc.; execution, sale,
delivery, redemption, etc.; security for payment of principal or interest; remedies upon default;
liability of municipalities, board, etc., thereupon. (a) Any authority shall have power to
issue from time to time its bonds and notes in such principal amount as its board shall determine
to be necessary to provide sufficient funds for achieving any of its corporate purposes, including
the payment of interest on any of its notes and bonds, the establishment of reserves to secure
any such notes and bonds and all other expenditures of such authority incident to and necessary
or convenient to carry out its corporate purposes and powers. Any authority shall also have
the power to issue from time to time notes to renew notes and bonds to pay notes, including
interest thereon and, whenever it deems refunding expedient, to refund any bonds by the issuance
of new bonds, whether the bonds to be refunded...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-62-8.htm - 12K - Match Info - Similar pages
26-16-6
Section 26-16-6 Child Abuse and Neglect Prevention Board - Duties and functions of board and
department. (a) The state board shall do all of the following: (1) Meet not less than twice
annually at the times prescribed in Section 26-16-5(a). (2) Transmit to the Governor a list
of individuals recommended to fill the position of director. (b) The department, with the
approval of the state board, shall do all of the following: (1) Annually develop a state plan
for the distribution of funds from the trust fund. The plan shall assure that an equal opportunity
exists for establishment of prevention programs and receipt of trust fund money among all
geographic areas in this state. The plan shall be transmitted to the Speaker of the House,
the President Pro Tempore of the Senate, to the Governor, and to the Government Finance and
Appropriations Committee of the House of Representatives, or its successor, and the Committee
on Finance and Taxation General Fund of the Senate, or its successor. (2)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-16-6.htm - 2K - Match Info - Similar pages
10A-1-6.31
Section 10A-1-6.31 Insurance and other arrangements. (a) Notwithstanding any other provision
of this article, an enterprise may purchase or procure or establish and maintain insurance
or another arrangement to indemnify or hold harmless an existing or former governing person,
delegate, officer, employee, or agent against any liability: (1) asserted against and incurred
by the person in that capacity; or (2) arising out of the person's status in that capacity.
(b) The insurance or other arrangement established under subsection (a) may insure or indemnify
against the liability described by subsection (a) without regard to whether the enterprise
otherwise would have had the power to indemnify the person against that liability under this
chapter. (c) Insurance or another arrangement that involves self-insurance or an agreement
to indemnify made with the enterprise or a person that is not regularly engaged in the business
of providing insurance coverage may provide for payment of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-6.31.htm - 3K - Match Info - Similar pages
20-2-212
Section 20-2-212 Controlled substances prescription database program; powers and duties of
department; trust fund; advisory committee; review committee. (a) The department may establish,
create, and maintain a controlled substances prescription database program. In order to carry
out its responsibilities under this article, the department is granted the following powers
and authority: (1) To adopt regulations, in accordance with the Alabama Administrative Procedure
Act, governing the establishment and operation of a controlled substances prescription database
program. (2) To receive and to expend for the purposes stated in this article funds in the
form of grants, donations, federal matching funds, interagency transfers, and appropriated
funds designated for the development, implementation, operation, and maintenance of the controlled
substances prescription database. The funds received pursuant to this subdivision shall be
deposited in a new fund that is established as a separate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/20-2-212.htm - 6K - Match Info - Similar pages
22-30D-5
Section 22-30D-5 Alabama Drycleaning Environmental Response Trust Fund. (a) There is hereby
created the Alabama Drycleaning Environmental Response Trust Fund, hereinafter referred to
as the "fund." The fund as so created shall be administered and used by the board
as a drycleaning industry self-insurance program for the benefit of those persons electing
to be covered by this chapter within the time(s) specified in accordance with the provision
of this chapter and as a revolving fund for carrying out the purposes of this chapter. To
the fund shall be credited all registration fees collected by the Department of Revenue, which
monies shall be credited to the fund pursuant to this chapter and invested as permitted by
law by the State Treasurer for the benefit of the fund. Charges against the fund shall be
made in accordance with this chapter. Use of the fund and participation in any remedial program
by an adjacent landowner is voluntary. Nothing in this chapter requires participation by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-30D-5.htm - 6K - Match Info - Similar pages
34-37-5
Section 34-37-5 Deposit and disbursement of funds; bond of the executive director and deputy
director. (a) There is established a separate special revenue trust fund in the State Treasury
to be known as the State of Alabama Plumbers and Gas Fitters Examining Board Fund. All receipts
collected by the board under this chapter shall be deposited in this fund and used only to
carry out this chapter. The fund shall be disbursed only by warrant of the state Comptroller
upon the State Treasury upon itemized vouchers approved by the executive director of the board
or, in the absence of the executive director, by the deputy director. No funds shall be withdrawn
or expended except as budgeted and allotted according to Sections 41-4-80 to 41-4-96, inclusive,
as amended, and only in amounts as stipulated in the general appropriation bill or other appropriation
bills. All money remaining at the end of the fiscal year which exceeds 25 percent of the board's
budget for the previous year shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-37-5.htm - 2K - Match Info - Similar pages
45-28A-42.55
Section 45-28A-42.55 Composition of retirement fund; investment. (a) The policemen's and firemen's
retirement fund shall consist of the following: (1) All of the money, securities, and things
of value belonging to any similar fund that may now or hereafter be maintained in the City
of Gadsden. (2) All monies or properties that may be given or donated to the fund by any persons,
firm, association, or corporation for the uses and purposes for which the fund is created;
and the board may take, by gift, grant, devise, or bequest, any money, personal property,
real estate, or any interest therein, or any right of property, for the benefit of the fund.
(3) All reward money paid to any member of the police and fire departments of the city shall
be paid by the recipients of the same into the retirement fund promptly upon receipt of the
same. (4) All civil or criminal witness fees received by any member of the police and fire
departments for attendance at or before any court or grand jury in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-28A-42.55.htm - 3K - Match Info - Similar pages
16-60-111.16
Section 16-60-111.16 Donations; assumption of obligations. (a) Property, money, or other thing
of value may be donated for the benefit of the community and technical colleges to be held
in trust and administered for the use of such colleges. (b) Whenever any property, money,
or thing of value is donated to be used for the benefit of the community or technical colleges
of this state, the board may administer such trusts as it deems to be in the best interests
of the community or technical college or colleges for the benefit of which the donation or
gift is made. The board is given complete control of such property and may sell, lease, or
otherwise dispose of the property as it deems to be in the best interests of the community
or technical college or colleges for the benefit of which such property is donated; or the
board may convert the same into securities for handling the property or proceeds therefrom
as in its discretion will best promote the purpose of the trust. (c) The board may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-60-111.16.htm - 3K - Match Info - Similar pages
34-14A-18
Section 34-14A-18 Acquisition, etc., of real property; property acquisition fund. (a) The board
may acquire and hold, in its own name, real property by purchase, gift, lease, lease with
the option to purchase, or other lawful means, except eminent domain, which real property
is used by the board to carry out its responsibilities. The board may also transfer, sell,
convey, or cause to be conveyed real property and any improvements thereon, subject to the
requirements of this section. In purchasing any real property, maintaining it, or making improvements
thereto, the board may expend any funds contained in the Home Builders Property Acquisition
Fund established by subsection (b), and any obligations created in connection with the purchase
or improvement of the real property shall not create debts, obligations, or liabilities of
the State of Alabama. As used in this section, real property shall include land, lots, and
all things and interests, including leasehold interests, pertaining...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-14A-18.htm - 3K - Match Info - Similar pages
45-37-123.194
Section 45-37-123.194 Prohibition against diversion of funds. (a) Except as provided below
and otherwise specifically required by law, it shall be impossible by operation of the plan
or of the trust agreement, by termination of either, by power of revocation or amendment,
by the happening of any contingency, by collateral arrangement, or by any other means, for
any part of the corpus or income of any trust fund maintained pursuant to the plan or any
funds contributed thereto to be used for, or diverted to, purposes other than the exclusive
benefit of members, former members, or their beneficiaries; and no funds of the system, whether
in cash, securities, or otherwise, nor any income or yield thereof, shall be subject to or
exacted on account of, any tax; and no retirement or disability allowance or right to return
of contributions, or other benefits payable as set forth in the plan, shall be assignable
or be subject to execution, levy, attachment, garnishment, or other legal process....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-123.194.htm - 3K - Match Info - Similar pages
|