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34-27A-57
Section 34-27A-57 Duties of appraisal management company. An appraisal management company shall
do all of the following: (1) Annually certify to the board, on a form prescribed by the board,
that the appraisal management company verifies that any person added to the appraiser panel
of the appraisal management company, for the purpose of completing appraisals in this state,
is licensed or certified in good standing pursuant to Article 1. (2) Annually certify to the
board, on a form prescribed by the board, that the appraisal management company periodically
reviews the work of all appraisers performing appraisals and appraisal reviews for the appraisal
management company to verify that the appraisals are being conducted in accordance with Uniform
Standards of Professional Appraisal Practice. (3) Annually certify to the board, on a form
prescribed by the board, that the appraisal management company requires appraisers who receive
assignments for appraisals and appraisal review have...
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34-27A-55
Section 34-27A-55 Fees; surety bond; renewal of registration. (a) The board shall establish
by rule fees to be charged to an appraisal management company in an amount sufficient to sustain
administration of this article. The board may also establish a late filing fee and other fees
deemed necessary by the board for the proper administration of this article. (b) In addition
to the application fee and late filing fee, where applicable, an applicant for registration
shall post with the board a surety bond in the amount of twenty-five thousand dollars ($25,000).
The bond shall be annually maintained on renewal. The bond shall be in a form prescribed by
the board by rule and shall accrue to the state for the benefit of a claimant against the
registrant to secure the faithful performance of obligations under this article. The aggregate
liability of the surety may not exceed the principal sum of the bond. (c) An appropriate deposit
of cash or security may be accepted by the board in lieu of...
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34-27A-51
Section 34-27A-51 Application; certificate of registration. (a) Application for registration
under this article shall be made in writing to the board on forms prescribed by the board
and shall include all of the following: (1) The name of the applicant. (2) The business, physical,
and email address of the applicant. (3) A telephone number and other contact information for
the applicant. (4) If the applicant is a not an Alabama domestic corporation, the name and
contact information for the registered agent of the applicant for service of process in this
state. (5) The name, address, and contact information of a principal contact for the applicant.
(6) Certification that the applicant verifies that any person added to an appraiser panel
of the applicant, for the purpose of appraising property within the state, holds a license
in good standing in this state pursuant to Article 1. (7) Certification that the applicant
requires that all appraisers shall have geographic competency to perform...
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27-36A-4
Section 27-36A-4 Actuarial opinion of reserves. (a) Actuarial opinion prior to the operative
date of the valuation manual as defined by Section 27-36A-15. (1) GENERAL. Every life insurance
company doing business in this state shall annually submit the opinion of a qualified actuary
as to whether the reserves and related actuarial items held in support of the policies and
contracts specified by the commissioner by regulation are computed appropriately, are based
on assumptions which satisfy contractual provisions, are consistent with prior reported amounts,
and comply with applicable laws of this state. The commissioner, by regulation, shall define
the specifics of this opinion and add any other items deemed to be necessary to its scope.
(2) ACTUARIAL ANALYSIS OF RESERVES AND ASSETS SUPPORTING RESERVES. a. Every life insurance
company, except as exempted pursuant to regulation, shall also annually include in the opinion
required by subdivision (1) an opinion of the same qualified...
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34-22-22
Section 34-22-22 Continuing education requirements; suspension and reinstatement; renewal;
registration certificate; waiver of registration and fees. (a) All registered optometrists
licensed in the State of Alabama are required to take annual courses of study in subjects
relating to the practice of optometry. The length of study shall be prescribed by the board
but shall not exceed 25 clock hours in any calendar year. Licensees approved by the board
to use pharmaceutical agents shall be required to take not less than 20 nor more than 25 hours
of continuing education, half of which shall be in subjects relating to the diagnosis, treatment,
and management of disease of the human eye and its adjacent structures. Attendance shall be
at a course or courses approved by the board. (b) Continuing education requirements shall
be completed between October 1 and September 30 of each fiscal year prior to the time for
license renewal for the next fiscal year. Upon the failure of any licensee to...
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41-4-322
Section 41-4-322 Programs; director; standards; duties of director and local indigent defense
advisory board; budget. (a) The office shall develop and improve programs to provide legal
representation to indigents. (b) The office shall have a director, who shall be chosen by
the Director of Finance on the basis of training, experience, and other qualifications. The
term of office shall be three years, subject to termination for cause. The person selected
as Director of the Office of Indigent Defense Services, in addition to the above qualifications
and experience, shall be an attorney licensed to practice law in the State of Alabama. The
director shall be chosen from a list of three qualified candidates nominated by the Alabama
State Bar Board of Bar Commissioners within 60 days of a vacancy occurring. The Director of
Finance shall serve as the Director of Indigent Defense Services on an interim basis if a
vacancy exists. If the Alabama State Bar Board of Bar Commissioners fails to...
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27-29-4
Section 27-29-4 Registration of insurers. (a)(1) Every insurer which is authorized to do business
in this state and which is a member of an insurance holding company system shall register
with the commissioner, except a foreign insurer subject to registration requirements and standards
adopted by statute or regulation in the jurisdiction of its domicile which are substantially
similar to those contained in this section and both of the following: a. Subdivision (1) of
subsection (a) of Section 27-29-5, and subsections (b) and (d) of Section 27-29-5. b. Either
subdivision (2) of subsection (a) of Section 27-29-5 or a provision such as the following:
Each registered insurer shall keep current the information required to be disclosed in its
registration statement by reporting all material changes or additions within 15 days after
the end of the month in which it learns of each change or addition. (2) Any insurer which
is subject to registration under this section shall register within 15...
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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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-5A-44.htm - 11K - Match Info - Similar pages
41-15-4
Section 41-15-4 Value for which state property to be insured; annual certification; gap coverage
and gap plus coverage; survey of public property; sale or salvage of insured items. (a) All
covered property, unless otherwise provided in this section, shall be insured for no more
than its replacement cost and shall be insured for no less than 80 percent of its actual cash
value. Replacement cost coverage may be provided with an amount of insurance as agreed upon
by the proper insuring authority and the risk manager based upon a written statement of values.
Replacement cost shall be the cost to repair or replace property with comparable materials
of like kind and quality by generally accepted construction methods or technology to serve
the same function as the lost or damaged property. No payment for a loss shall exceed the
limit of the policy. (b) The officer or person having charge by law of insuring any public
building, contents, machinery, and equipment shall annually certify to the...
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40-9F-32
Section 40-9F-32 Procedures for rehabilitation of qualified structures; tax credits; review;
audit; fees; report to Legislature. (a) The commission shall develop standards for the approval
of the substantial rehabilitation of qualified structures for which a tax credit is sought.
The standards shall take into account whether the substantial rehabilitation of a qualified
structure is consistent with the historic character of the structure or of the Registered
Historic District in which the property is located. (b) Prior to beginning any substantial
rehabilitation work on a qualified structure, the owner shall submit an application and rehabilitation
plan to the commission and an estimate of the qualified rehabilitation expenditures under
the rehabilitation plan; provided, however, that the owner, at its own risk, may incur qualified
rehabilitation expenditures no earlier than six months prior to the submission of the application
and rehabilitation plan that are limited to architectural,...
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