Code of Alabama

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30-3-191
Section 30-3-191 Definitions. When used in Sections 30-3-191 to 30-3-199, inclusive, the following
words shall have the following meanings: (1) ACCOUNT. A demand deposit account, checking or
negotiable withdrawal order account, savings account, time deposit account, or money-market
mutual fund account. (2) BUSINESS DAY. A day on which state offices are open for regular business.
(3) COMMERCIAL DRIVER LICENSE. A license issued to an individual that authorizes the individual
to drive a motor vehicle as part of conducting business. (4) CONFIDENTIAL INFORMATION. Information
provided by a service applicant or recipient or obtained from other sources about him or her
which may be released only as required by court order or state or federal law. (5) COURT.
A court of competent jurisdiction or administrative agency having the authority to issue and
enforce support orders. (6) DATA MATCH. An automated process of matching specified information
from the financial records of financial institutions...
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32-7C-2
Section 32-7C-2 Insurance requirements. (a) On or before October 30, 2016, and thereafter,
a TNC driver or a TNC on the behalf of the TNC driver shall maintain primary automobile insurance
that recognizes that the driver is a TNC driver or otherwise uses a vehicle to transport riders
for compensation and covers the driver under both of the following circumstances: (1) While
the TNC driver is logged onto the digital network of a TNC. (2) While the TNC driver is engaged
in a prearranged ride. (b)(1) The following automobile insurance requirements shall apply
while a participating TNC driver is logged on to the digital network of a TNC and is available
to receive transportation requests but is not engaged in a prearranged ride: a. Primary automobile
liability insurance in the amount of at least fifty thousand dollars ($50,000) for death and
bodily injury per person, one hundred thousand dollars ($100,000) for death and bodily injury
per incident, and twenty-five thousand dollars ($25,000)...
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37-1-47
Section 37-1-47 Intervention, initiation or participation in federal proceedings involving
interstate rates, etc., in Alabama. When, in any proceeding before the Interstate Commerce
Commission, Federal Communications Commission, Federal Power Commission, Securities and Exchange
Commission or any other federal bureau or agency, any interstate rate or regulation or any
interstate rate, charge, regulation, rule or practice in the State of Alabama is drawn in
question or affected, the commission may through its members or agents intervene in such case,
take part therein and make such contentions as it shall deem proper. The commission additionally
may, through its members or agents, initiate or participate in, as a real party in interest
or as a permissive party with a recognized interest in the outcome, any litigation, administrative
hearings or any other proceedings before the Interstate Commerce Commission, Federal Communications
Commission, Federal Power Commission, Securities and...
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41-15-10
Section 41-15-10 Premiums and collected earnings to constitute trust fund; surplus may be invested
in bonds, stocks, mutual funds, etc.; limitations and conditions; requisition for payment
of losses, expenses, etc. All premiums and earnings collected under the provisions of this
chapter shall constitute a trust fund to be applied as authorized in this chapter. With the
approval of the Governor, any surplus in the fund over a necessary working capital, which
shall be determined by the Director of Finance, at not less than $400,000.00, may be invested
in the bonds or other obligations of the United States, of the State of Alabama or of any
agency, institution or instrumentality of the State of Alabama. The Director of Finance shall
also have the authority to invest and reinvest said state insurance trust funds in such classes
of bonds, mortgages, common and preferred stocks, shares of investment companies or mutual
funds or other investments as the Finance Director with the consent of...
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8-26B-2
Section 8-26B-2 Definitions. In this chapter: (1) "Agency contract" means an agreement
in which a student athlete authorizes a person to negotiate or solicit on behalf of the athlete
a professional-sports-services contract or endorsement contract. (2) "Athlete agent":
(A) means an individual, whether or not registered under this chapter, who: (i) directly or
indirectly recruits or solicits a student athlete to enter into an agency contract or, for
compensation, procures employment or offers, promises, attempts, or negotiates to obtain employment
for a student athlete as a professional athlete or member of a professional sports team or
organization; (ii) for compensation or in anticipation of compensation related to a student
athlete's participation in athletics: (I) serves the athlete in an advisory capacity on a
matter related to finances, business pursuits, or career management decisions, unless the
individual is an employee of an educational institution acting exclusively as an...
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19-3-120.1
Section 19-3-120.1 Investments in common trusts, collective investment funds, and interests
of investment companies and trusts. In addition to the investments authorized by Section 19-3-120,
by any other provision of law for the investment of funds held by a trustee, executor, administrator,
guardian, conservator or other fiduciary, or by the will, trust agreement or other document
which is the source of authority, such fiduciary, other than a trustee governed by Chapter
3B, may invest in and hold (1) interests, however evidenced, in any common trust fund or other
collective investment fund maintained by any national or state chartered bank, trust company
or savings and loan association having trust powers, or (2) securities of or other interests
in any open-end or closed-end management type investment company or investment trust registered
under the Investment Company Act of 1940, as from time to time amended, so long as the portfolio
of such common trust fund, collective investment...
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24-4A-4
Section 24-4A-4 Enforcement of chapter; delegation of enforcement authority; promulgation of
rules and regulations. (a) The commission shall enforce the provisions of this chapter and
the regulations adopted pursuant hereto; except, that the commission may delegate its enforcement
authority to a local government agency, an approved inspection agency or an agency of another
state, provided the inspection agencies' inspection requirements conform with the requirements
of the commission. (b) The commission shall promulgate rules and regulations to interpret
and make specific the provisions of this chapter. These rules shall include provisions imposing
requirements reasonably consistent with recognized and accepted standards adopted by the Southern
Building Codes Congress, International, the National Fire Protection Association, or any other
nationally recognized building standards. (Acts 1981, No. 81-706, p. 1183, §4.)...
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27-41-12
Section 27-41-12 Particular investments - Obligations issued or guaranteed by certain federal
agencies. An insurer may invest in obligations issued or guaranteed by the following agencies
of the United States of America: (1) Commodity Credit Corporation; (2) Federal intermediate
credit banks; (3) Federal land banks; (4) Central bank for cooperatives; (5) Federal home
loan banks; (6) Federal National Mortgage Association; (7) Federal Home Loan Mortgage Corporation;
(8) Tennessee Valley Authority; and (9) Any other similar agency of the government of the
United States of America having similar financial quality. (Acts 1977, No. 408, p. 530, §12.)...

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41-10-260
Section 41-10-260 Definitions. The following terms, wherever used in this article, shall have
the following respective meanings unless the context clearly indicates otherwise: (1) AUTHORITY.
The public corporation organized pursuant to the provisions of this article. (2) BOARD OF
DIRECTORS. The board of directors of the authority. (3) BONDS. When used with reference to
debt instruments issued by the authority, means bonds, notes and other forms of indebtedness.
(4) BUILDING COMMISSION. The Building Commission created by Act No. 128 adopted at the 1945
Regular Session of the Legislature of the state, and any successor agency thereto. (5) CHIEF
JUSTICE. The Chief Justice of the Supreme Court of the State of Alabama. (6) 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...
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5-5A-23
Section 5-5A-23 Investments and loans with respect to housing. (a) Banks, insurance companies
and savings and loan associations are authorized: (1) To make such loans and advances of credit
and purchases of obligations representing loans and advances of credit as are eligible for
insurance and to obtain such insurance; and (2) To make such loans secured by real property
or leasehold as the Federal Housing Administrator insures or makes a commitment to insure
and to obtain such insurance. (b) It shall be lawful for banks, insurance companies or savings
and loan associations to purchase, invest in and dispose of bonds or notes secured by mortgages
issued by the Federal Housing Administrator and in securities issued by national mortgage
associations. (c) No law of this state requiring security upon which loans or investments
may be made, or prescribing or limiting interest rates upon loans or investments, or prescribing
or limiting the period for which loans or investments may be made...
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