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35-8A-411
Section 35-8A-411 Release of liens. (a) In the case of a sale of a unit where delivery of an
offering statement is required pursuant to Section 35-8A-402(c) or a disclosure is made pursuant
to Section 35-8A-407, a seller shall record or furnish to the purchaser releases of all liens
or an agreement to release any liens that encumber that unit and its common element interest,
except liens on real estate that a declarant has the right to withdraw from the condominium,
that the purchaser does not expressly agree in a written contract of sale which specifically
identifies such lien and its amount to take subject to or assume, or provide a surety bond
or substitute collateral for or insurance against the lien in the manner provided for liens
on real estate in Section 35-11-233(b). (b) In conveying real estate to the association the
declarant shall have that real estate released from: (i) all liens the foreclosure of which
would deprive unit owners of any right of access to or easement of...
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35-8A-316
Section 35-8A-316 Lien for assessments. (a) The association has a lien on a unit for any assessment
and any other moneys due the association for special assessments or services or charges, such
as water or repairs, levied against that unit or fines imposed against its unit owner from
the time the assessment or fine becomes due. The association's lien may be foreclosed in like
manner as a mortgage on real estate provided the declaration is in conformity with Article
1A of Chapter 10 of this title and subject to the rights under Article 14A of Chapter 5 of
Title 6. The association shall send reasonable advance notice of its proposed action to the
unit owner and all lienholders of record of the unit. Unless the declaration otherwise provides,
fees, charges, late charges, fines, and interest charged pursuant to Section 35-8A-302(a)(10),
(11), and (12) are enforceable as assessments under this section. If an assessment is payable
in installments, the full amount of the assessment is a lien...
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11-81-242
Section 11-81-242 Designation of regions for qualified projects; issuance of bonds, notes,
etc. (a)(1) The governing body of a local government may designate an area of the local government
as a region within which the local government may provide financing to the record owners of
real property and impose assessments for the repayment of costs of a qualified project. (2)a.
A local government may issue bonds or notes or use other financing to finance qualified projects
under this article. b. Bonds or notes issued under this section are not general obligations
of the local government, but are payable from any of the following: 1. Payments of assessments
on benefited real property in one or more designated regions under this article. 2. Reserves
established by the local government from grants, bonds, or net proceeds or other lawfully
available funds. 3. Municipal bond insurance, lines of credit, public or private guaranties,
standby bond purchase agreements, collateral assignments,...
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19-3B-816
Section 19-3B-816 Specific powers of trustee. (a) Without limiting the authority conferred
by Section 19-3B-815, a trustee may: (1) collect trust property and accept or reject additions
to the trust property from a settlor or any other person, including, but not being limited
to, the authority to receive, collect, hold, and retain common or preferred stock or other
interests in the trustee or any related party; (2) acquire or sell property, for cash or on
credit, at public or private sale; (3) exchange, partition, or otherwise change the character
of trust property; (4) deposit trust money in an account in a regulated financial-service
institution; (5) borrow money, with or without security, and mortgage or pledge trust property
for a period within or extending beyond the duration of the trust; (6) with respect to an
interest in a proprietorship, partnership, limited liability company, business trust, corporation,
or other form of business or enterprise, continue the business or other...
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35-8A-217
Section 35-8A-217 Amendment of declaration. (a) Except in cases of amendments that may be executed
by a declarant under section 35-8A-209(f) or 35-8A-210; the association under section 35-8A-107,
35-8A-206(d), 35-8A-208(c), 35-8A-212(a), or 35-8A-213; or by certain unit owners under section
35-8A-208(b), 35-8A-212(a), 35-8A-213(b), or 35-8A-218(b), and except as limited by subsection
(d), the declaration, including the plats and plans, may be amended only by the affirmative
vote or agreement of unit owners of units to which at least two-thirds of the votes in the
association are allocated, or any larger majority the declaration specifies. The declaration
may specify a smaller number only if all of the units are restricted exclusively to non-residential
use. (b) No action to challenge the validity of an amendment adopted by the association pursuant
to this section may be brought more than one year after the amendment is recorded. (c) Every
amendment to the declaration must be recorded...
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11-80-8.1
Section 11-80-8.1 Enactment of ordinances, resolutions, etc., controlling rent charged for
leasing private property prohibited. (a) As used in this section, "local governmental
unit" means any political subdivision of this state including, but not limited to, a
county, city, town, or municipality, if the political subdivision provides local government
services in a geographically limited area of this state as its primary purpose and it has
the power to act primarily on behalf of that area. (b) A local governmental unit shall not
enact, maintain, or enforce an ordinance, resolution, or rule that would have the effect of
controlling the amount of rent charged for leasing private property. This section does not
impair the right of any local governmental unit to manage and control property in which the
local governmental unit has a property interest. (Acts 1993, No. 93-421, p. 707, ยงยง1, 2.)...
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35-9A-122
Section 35-9A-122 Exclusions from application of chapter. Unless created to avoid the application
of this chapter, the following arrangements are not governed by this chapter: (1) residence
at an institution, public or private, if incidental to detention or the provision of medical,
geriatric, educational, counseling, religious, or similar service; (2) occupancy under a contract
of sale of a dwelling unit or the property of which it is a part, if the occupant is the purchaser
or a person who succeeds to the interest of the purchaser; (3) occupancy by a member of a
fraternal or social organization in the portion of a structure operated for the benefit of
the organization; (4) transient occupancy in a hotel, motel, or lodgings; (5) occupancy by
an employee of a landlord whose right to occupancy is conditional upon employment in and about
the premises; (6) occupancy by an owner of a condominium unit or a holder of a proprietary
lease in a cooperative; (7) occupancy under a rental...
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10A-20-8.04
Section 10A-20-8.04 Right to set up unit independent of parent corporation. Whenever, as a
result of action of the parent organization, any of its authoritative subdivisions, or its
law-making body the majority group of any local organization shall determine that there has
been a change of social policies, within the meaning of this section, or that any act, declaration,
law, policy, social creed, or jurisdictional system of the parent organization is contrary
to the basic intent, understanding, or basic assumption existing between the contributors,
donors, or grantors of the fraternal property and the local organization or between the contributors,
grantors, or donors and any trustee of property held for the benefit of the local organization
or held by, or for, the use of the local organization subject to the trust clause and whenever
a majority group shall find and determine that the act, declaration, or policy of the parent
organization is not only contrary to the basic intent,...
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37-9-19
Section 37-9-19 Certificates for common carriers and permits for contract carriers - Issuance
or denial; standards; temporary authorization for service. (a) The commission shall, subject
to subsections (b) and (d) of this section and Section 37-9-18, issue a certificate or permit
as applied for authorizing the whole or any part of the operation covered by an application
for a certificate or permit, if it finds that the applicant is fit, willing and able to perform
such operation properly and to conform to the provisions of this chapter and the rules, regulations
and requirements of the commission hereunder, and that such operation, and the performance
thereof by the applicant, is required by public convenience and necessity or for the public
interest, as the case may be, and is consistent with the declaration of policy declared in
Section 37-9-5; otherwise, such application shall be denied. If the commission finds that
the public convenience and necessity or the public interest, as the...
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10A-5A-1.02
Section 10A-5A-1.02 Definitions. Notwithstanding Section 10A-1-1.03, as used in this chapter,
unless the context otherwise requires, the following terms mean: (a) "Certificate of
formation," with respect to a limited liability company, means the certificate provided
for by Section 10A-5A-2.01, and the certificate as amended or restated. (b) "Constituent
limited liability company" means a constituent organization that is a limited liability
company. (c) "Constituent organization" means an organization that is party to a
merger under Article 10. (d) "Converted organization" means the organization into
which a converting organization converts pursuant to Article 10. (e) "Converting limited
liability company" means a converting organization that is a limited liability company.
(f) "Converting organization" means an organization that converts into another organization
pursuant to Article 10. (g) "Disqualified person" means any person who is not a
qualified person. (h) "Distribution" except...
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