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34-18-42
Section 34-18-42 Term of office; vacancy. Each member of the board shall serve for a term of
three years and until his or her successor is appointed and qualified. Upon the expiration
of the term of a member of the board, the Governor shall appoint his or her successor by the
same procedure and in the same manner as the original appointment was made; except, that the
names of the medical technicians submitted to the Governor for appointment to the board shall
be those only of registered medical technicians, as provided for in this chapter. Any vacancy
occurring on the board by reason of death, resignation, or otherwise, shall in like manner
be filled by appointment of the Governor for such unexpired term. (Acts 1936-37, Ex. Sess.,
No. 153, p. 172, §3; Code 1940, T. 46, §153.)...
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27-17A-31
Section 27-17A-31 Deposits into trust; trustee responsibilities; interests in funds. (a) Any
person who is paid, collects, or receives funds under a preneed contract for funeral services
or funeral merchandise to be funded by trust shall deposit in trust an amount at least equal
to the sum of 75 percent of the amount collected on the purchase price for all funeral services
and funeral merchandise sold, transportation, and facilities rented other than outer burial
containers, 60 percent of the amount collected on the purchase price for outer burial containers,
110 percent of the wholesale cost of memorials from the amount collected on the purchase price
of memorials, and 100 percent of the amount collected on the purchase price for all cash advance
items sold. (b) All deposits shall be made within 30 days after the end of the calendar month
in which the preneed contract is paid in full, unless, prior to that time, all liabilities
of the seller under the preneed contract to deliver the...
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16-47A-8
Section 16-47A-8 Board of Trustees - Vacancies; appointments. (a) Any vacancy in the office
of trustee occurring during a recess of the Legislature shall be filled by appointment of
the Governor. The appointee shall hold office until the next session of the Legislature, at
which time the appointment shall be confirmed by the Senate. If not confirmed by the Senate,
another appointment shall be made by the Governor in like manner until an appointment is confirmed
by the Senate. A trustee appointed by the Governor to fill a vacancy, by and with the consent
of the Senate, shall hold office during the unexpired term. (b) After the initial appointments
to the board, future members appointed to the board shall be appointed by the Governor from
a list of three persons nominated by a nominating committee. The nominating committee shall
consist of all of the following members: (1) One member of the board as elected by the membership
of the board. (2) The presiding officer of the Athens State...
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45-39-101.04
Section 45-39-101.04 Vacancies. In the event of a vacancy in the office for any cause, except
removal, the vacancy shall be filled by the county board of education, and the person so appointed
shall hold office until the next general election thereafter when his or her successor shall
be elected. Should any county superintendent by removed for cause by the county board of education,
the vacancy shall be filled by appointment of the State Superintendent of Education, and his
or her appointee shall hold office as in the case provided by appointment of the county board
of education. Provided that the county board of education may remove the county superintendent
for immorality, misconduct in office, incompetency, or willful neglect of duty, any of which
causes must be alleged and proved and the county superintendent shall have the right to be
heard in his or her defense and all such hearings shall be conducted as in cases provided
under the general laws for the impeachment of county...
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19-3-25
Section 19-3-25 Appointment and duties of appraisers. On the filing of such inventory, the
register or clerk must indorse upon each of such copies the fact and date of such filing and
must appoint three competent and disinterested persons, who must not be of kin or of counsel
to any person interested in the trust estate, appraisers of and in each county in which any
part of the trust property may be, and must attach to the commission one of the copies of
such inventory, filed by the trustee; and the appraisers must, in writing, appraise at its
true value, the property described in such inventory, and set down in figures opposite each
item, the appraised value thereof, add each column and carry forward the result so as to show
the total valuation placed upon such property, and verify the same by affidavit and make return
thereof to the register or clerk who must record the commission to the appraisers and such
combined inventory and appraisement, together with the affidavits appended...
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19-3A-102
Section 19-3A-102 Definitions. As used in this chapter, the following terms are defined as
follows: (1) ACCOUNTING PERIOD. A calendar year unless another 12-month period is selected
by a fiduciary. The term includes a portion of a calendar year or other 12-month period that
begins when an income interest begins or ends when an income interest ends. (2) BENEFICIARY.
Includes, in the case of a decedent's estate, an heir, legatee, and devisee and, in the case
of a trust, an income beneficiary and a remainder beneficiary. (3) FIDUCIARY. A personal representative
or a trustee. The term includes an executor, administrator, successor personal representative,
special administrator, and a person performing substantially the same function. (4) INCOME.
Money or property that a fiduciary receives as current return from a principal asset. The
term also includes a portion of receipts from a sale, exchange, or liquidation of a principal
asset, to the extent provided in Article 4. (5) INCOME...
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19-3A-106
Section 19-3A-106 Conversion to unitrust. (a) Unless expressly prohibited by the governing
instrument, a trustee may convert a trust into a unitrust as described in this section if
all of the following apply: (1) The trustee has concluded that the conversion will enable
the trustee to better carry out the intent of the settlor or testator and the purposes of
the trust. (2) The trustee gives written notice of the trustee's intention to convert the
trust into a unitrust, including the trustee's initial decisions as set forth below, to all
the qualified beneficiaries. The written notice shall include the following: a. An explanation
of how the unitrust will operate; b. The effective date of the conversion to a unitrust; c.
The unitrust percentage to be used; d. The provisions for prorating a unitrust distribution
for a short year in which a beneficiary's right to payments commences or ceases; e. Whether
the net fair market value of the trust assets will be determined annually or averaged...
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19-2-3
Section 19-2-3 Reappointment of removed fiduciary. If any fiduciary in war service be removed
from office and is a competent and suitable person to again serve as such fiduciary at any
time after the termination of his war service, the fiduciary appointed to fill the vacancy
caused by such removal, or his successor, shall be removed from office by the court upon petition
filed by the former fiduciary in war service so removed or by any person interested in the
trust fund or the estate being administered or by any co-fiduciary, and if the trust has not
been fully executed or the administration of the estate has not been fully completed the court,
upon such removal, shall appoint the fiduciary theretofore removed because of his war service
to fill the vacancy caused by the removal of his successor in office if there is no trust
instrument providing a practicable method of appointment. (Acts 1943, No. 460, p. 421, §3.)...
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29-2A-3
Section 29-2A-3 Employees and staff; administration; director; transfer of property to commission.
(a) On October 1, 2019, the employees and staff of the Alabama Support Team for Evidence-based
Practices of the Legislative Services Agency, Fiscal Division, responsible for implementing
the evidence-based budgeting process adopted pursuant to Act 2018-578, 2018 Regular Session,
shall become the employees and staff of the commission and an employee of that team, as selected
by the commission, shall become the initial director of the commission. (b) The affairs of
the commission shall be administered by the director, who shall serve at the pleasure of the
commission and whose actions shall be supervised and controlled by the commission. The director
shall receive compensation and benefits in an amount established by the commission, payable
in the same manner as is provided for other state employees. (c) A vacancy in the office of
director arising from any cause shall be filled by the...
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5-24-1
Section 5-24-1 Definitions. In this chapter: (1) ACCOUNT means a contract of deposit between
a depositor and a financial institution, and includes a checking account, savings account,
time deposit, certificate of deposit, and share account. (2) AGENT means a person authorized
to make account transactions for a party. (3) BENEFICIARY means a person named as one to whom
sums on deposit in an account are payable on request after death of all parties or for whom
a party is named as trustee. (4) DEVISEE means any person designated in a will to receive
a testamentary disposition of real or personal property. (5) FINANCIAL INSTITUTION means an
organization authorized to do business under state or federal laws relating to financial institutions,
and includes a bank, trust company, savings bank, building and loan association, savings and
loan company or association, and credit union. (6) HEIRS means those persons, including surviving
spouse, who are entitled under the statutes of intestate...
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