Code of Alabama

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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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7-8-501
Section 7-8-501 Securities account; acquisition of security entitlement from securities intermediary.
(a) "Securities account" means an account to which a financial asset is or may be
credited in accordance with an agreement under which the person maintaining the account undertakes
to treat the person for whom the account is maintained as entitled to exercise the rights
that comprise the financial asset. (b) Except as otherwise provided in subsections (d) and
(e), a person acquires a security entitlement if a securities intermediary: (1) indicates
by book entry that a financial asset has been credited to the person's securities account;
(2) receives a financial asset from the person or acquires a financial asset for the person
and, in either case, accepts it for credit to the person's securities account; or (3) becomes
obligated under other law, regulation, or rule to credit a financial asset to the person's
securities account. (c) If a condition of subsection (b) has been met, a...
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11-101A-20
Section 11-101A-20 Investments. (a) To the extent permitted by the contracts of the authority
with the holders of its securities and if not otherwise specifically prohibited by any other
provision of this chapter, the authority may invest any portion of the principal proceeds
derived from the sale of any of its securities which is not then needed for any of the purposes
for which the securities were authorized to be issued, the moneys held in any special fund
created pursuant to any resolution or indenture authorizing or securing any of its securities,
and any other moneys of the authority not then needed by it, in any of the following: (1)
Federal securities. (2) Any debt securities that are direct obligations of any agency of the
United States of America. (3) Interest-bearing bank time deposits and interest-bearing bank
certificates of deposit. (4) Money market funds whose investments are restricted to federal
securities. (5) Repurchase agreements with respect to federal securities....
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22-21-332
Section 22-21-332 Investment of funds. (a) To the extent permitted by the contracts of the
authority with the holders of its securities and if not otherwise specifically prohibited
by any other provision of this article, the authority may invest any portion of the principal
proceeds derived from the sale of any of its securities which is not then needed for any of
the purposes for which such securities were authorized to be issued, the moneys held in any
special fund created pursuant to any resolution or indenture authorizing or securing any of
its securities, and any other moneys of the authority not then needed by it, in any of the
following: (1) Federal securities; (2) Any debt securities that are direct obligations of
any agency of the United States of America; (3) Interest-bearing bank time deposits and interest-bearing
bank certificates of deposit; and (4) Interest-bearing time deposits and interest-bearing
certificates of deposit of any federally-chartered savings and loan...
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16-16B-12
Section 16-16B-12 (Implementation Conditioned on Separate Legislative Enactment.) Issuance
expenses; contracts and appointments. The Authority is authorized to pay out of proceeds of
any series of Bonds the costs and expenses incurred in connection with the issuance of such
Bonds, including without limitation legal and accounting fees and expenses, fees and expenses
of any financial or fiscal advisor employed by the Authority, printing costs, rating agency
fees, and premiums or charges for any credit enhancement or liquidity providers. Notwithstanding
any provision of this chapter or the 1965 Act, in appointing, employing, or contracting with
attorneys, fiscal advisers, trustees, paying agents, investment bankers, banks and underwriters,
the Authority may appoint, employ or contract with firms whose principal offices are located
without or within Alabama. The Authority shall hire or contract with attorneys, fiscal advisors,
trustees, paying agents, investment bankers, banks, and...
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7-8-109
Section 7-8-109 Warranties in indirect holding. (a) A person who originates an entitlement
order to a securities intermediary warrants to the securities intermediary that: (1) the entitlement
order is made by an appropriate person, or if the entitlement order is by an agent, the agent
has actual authority to act on behalf of the appropriate person; and (2) there is no adverse
claim to the security entitlement. (b) A person who delivers a security certificate to a securities
intermediary for credit to a securities account or originates an instruction with respect
to an uncertificated security directing that the uncertificated security be credited to a
securities account makes to the securities intermediary the warranties specified in Section
7-8-108(a) or (b). (c) If a securities intermediary delivers a security certificate to its
entitlement holder or causes its entitlement holder to be registered as the owner of an uncertificated
security, the securities intermediary makes to the...
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24-1-36
Section 24-1-36 Investment by state, fiduciaries, banks, etc., in bonds, etc., issued by authorities.
Notwithstanding any restrictions on investments contained in any laws of this state, the state
and all public officers, municipal corporations, political subdivisions other than county
and public bodies, all banks, bankers, trust companies, savings banks and institutions, building
and loan associations, savings and loan associations, investment companies, and other persons
carrying on a banking business, all insurance companies, insurance associations, and other
persons carrying on an insurance business and all executors, administrators, guardians, trustees,
and other fiduciaries may legally invest any sinking funds, moneys, or other funds belonging
to them or within their control in any bonds or other obligations issued by a housing authority
pursuant to this article or issued by any public housing authority or agency in the United
States, when such bonds or other obligations are...
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45-39-30.04
Section 45-39-30.04 Powers and duties. The council shall have the following duties and authority:
(1) To define the roles and responsibilities of all participating departments. (2) To adopt
rules for the internal operation of the council. (3) To recommend to the lead agency the appointment
of additional members to serve on the council as deemed necessary and appropriate. (4) To
develop a long-range plan, reviewed semiannually, for a comprehensive countywide system of
care, which, to the extent practical, is derived from scientific based research and nationally
recognized best practices. The council shall provide a copy of the plan and a detailed summary
of any progress toward implementation of the plan to the lead agency annually. The plan should
include, but not be limited to, all of the following: a. The elimination of barriers to identifying
and reporting elder abuse, such as duplicative or fragmented policies which may require modification.
b. The development of a coordinated...
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2-6-78
Section 2-6-78 Disposition of proceeds from sale of securities. All proceeds derived from the
sale of any securities of the corporation, other than refunding securities, shall be deposited
in the State Treasury and carried in a special account or accounts, and may be withdrawn solely
for the purposes and in the amounts set out below: (1) No more than 60 percent of the said
proceeds shall be used for the acquisition, construction and installation of a market facility
by the Board of Agriculture and Industries. Withdrawals for such purpose shall be upon requisition
by or pursuant to authority of the Board of Agriculture and Industries addressed and presented
to the State Comptroller and paid out by the warrant of the Comptroller upon the State Treasury,
to be used only to pay the following: a. The cost of materials, supplies and labor used in
the construction of the market facility; b. The cost of acquisition and installation of equipment
for the market facility; c. The cost of acquiring...
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41-10-451
Section 41-10-451 Definitions. (1) AUTHORITY. The public corporation organized pursuant to
the provisions of this article. (2) BONDS. Those bonds, including refunding bonds, authorized
to be issued by the authority pursuant to act of the Legislature. (3) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are unconditionally guaranteed by the
United States of America and any certificates or any other evidences of an ownership interest
in such obligations of, or unconditionally guaranteed by, the United States of America or
in specified portions thereof (which may consist of the principal thereof or the interest
thereon). (4) PERMITTED INVESTMENTS. (i) Government securities; (ii) bonds, debentures, notes
or other evidences of indebtedness issued by any of the following...
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