|
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
27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Interstate Insurance Product Regulation
Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of joint and
cooperative action among the compacting states: 1. To promote and protect the interest of
consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-60-2.htm - 45K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
25-5-317
Section 25-5-317 Assessment of pro rata share; disposition of unexpended balance. (a) Within
60 days after May 19, 1992, the Secretary of the Department of Labor shall assess each insurance
carrier, self-insured employer, and group fund its pro rata share of the total amount of up
to $4,500,000.00 according to the method set out in Section 25-5-316(d). Of the total amount,
$800,000.00 shall be allocated to pay weekly benefits to the claimants of the Second Injury
Trust Fund until an appropriate budget is approved in accordance with Chapter 4 of Title 41.
The assessment shall be deposited into the Workers' Compensation Administrative Trust Fund
and disbursed by the state Comptroller on order of the secretary. (b) The assessment is appropriated
and made available for the initial implementation costs and expenses of the workers' compensation
program to fund activities not included in the general fund appropriation for fiscal year
1991-1992 and fiscal year 1992-1993, which are peculiar to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-317.htm - 1K - Match Info - Similar pages
36-1-4.5
Section 36-1-4.5 Payroll deduction for the Foster Care Trust Fund. (a) The payroll clerk or
other responsible person in charge of the payroll system, may deduct from the salary or wages
of any state officer or employee, an amount specified by the officer or employee for payment
to the Foster Care Trust Fund established by Sections 38-10-50 and 38-10-51. The payroll deduction
shall be made if the request for the deduction is made in writing, the deduction shall continue
in effect unless a new written request is filed according to the requirement of this section,
and the pay period during which the deduction is made, the frequency, and the amount of the
deduction are compatible with the payroll system. (b) Moneys deducted pursuant to this section
shall be paid monthly to the Alabama Department of Human Resources to be deposited in a separate
account specifically for donations for the Foster Care Trust Fund. The deduction may be made
notwithstanding that the compensation actually paid to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-1-4.5.htm - 1K - Match Info - Similar pages
25-5-11
Section 25-5-11 Actions against third parties jointly liable with employers for injuries or
death; actions for injury or death resulting from willful conduct; attorney's fees in settlements
with third parties. (a) If the injury or death for which compensation is payable under Articles
3 or 4 of this chapter was caused under circumstances also creating a legal liability for
damages on the part of any party other than the employer, whether or not the party is subject
to this chapter, the employee, or his or her dependents in case of death, may proceed against
the employer to recover compensation under this chapter or may agree with the employer upon
the compensation payable under this chapter, and at the same time, may bring an action against
the other party to recover damages for the injury or death, and the amount of the damages
shall be ascertained and determined without regard to this chapter. If a party, other than
the employer, is a workers' compensation insurance carrier of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-11.htm - 9K - Match Info - Similar pages
41-9-62
Section 41-9-62 Claims within jurisdiction of board generally; employees of municipalities,
counties, etc., not within jurisdiction of board, etc. (a) The Board of Adjustment shall have
the power and jurisdiction and it shall be its duty to hear and consider: (1) All claims for
damages to the person or property growing out of any injury done to either the person or property
by the State of Alabama or any of its agencies, commissions, boards, institutions or departments,
with the exception of claims by employees of the state for personal injury or death arising
out of the course of employment with the State of Alabama, where such employees are covered
by an employee injury compensation program; (2) All claims for personal injuries to or the
death of any convict, and all claims for personal injuries to or the death of any employee
of a city or county board of education, or college or university, arising out of the course
of the employee's employment and where the employee is not covered...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-9-62.htm - 7K - Match Info - Similar pages
25-5-85
Section 25-5-85 Procedure for and effect of payment of compensation to court appointed trustee.
At any time after the amount of an award has been agreed upon by the parties or found and
ordered by the court, a sum equal to the present value of all future installments of compensation
calculated on a six percent basis may, where death or the nature of the injury renders the
amount of future payments certain, by leave of court, be paid by the employer to a bank or
trust company of this state or a national bank doing business in this state to be approved
and designated by the court, and the sum, together with all interest thereon, shall thereafter
be held in trust for the employee or dependent of the employee, who shall have no further
recourse against the employer. The payment of the sum by the employer, evidenced by the receipts
in duplicate of the trustees, one of which shall be filed with the probate judge of the county
in which the injury or death occurred and the other filed with the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-85.htm - 2K - Match Info - Similar pages
12-23-4
Section 12-23-4 Court referral officers or contracting entities; appointment; supervision by
Administrative Director of Courts and circuit judges; compensation; duties. (a) The Administrative
Director of Courts is authorized to appoint court referral officers or contract with individuals
or entities to provide alcohol and drug assessment for courts and to conduct the court referral
programs in each court jurisdiction of the state. Such appointments or contracts shall be
made or entered into with the advice of the presiding circuit judge. The Administrative Director
of Courts shall designate the locations where said court referral programs, court referral
officers or contracting entities or individuals shall serve, which designations may be changed
from time to time; provided, however, that all appointed court referral officers and approved
court referral programs shall serve at the pleasure of the Administrative Director of Courts.
Any individual or entity which contracts to conduct...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-23-4.htm - 4K - Match Info - Similar pages
34-28A-44
Section 34-28A-44 Employment, discharge, etc., of executive secretary and other officers and
employees; admissibility in evidence of copies of proceedings, records, etc., of board; monthly
report and disposition of revenues received under chapter; payment of administrative expenses
of board, employee salaries, etc. (a) The board may employ, and at its pleasure discharge,
an executive secretary and other officers and employees as may be necessary, and the board
shall also outline their duties and fix their compensation and expense allowances. (b) The
board shall adopt a seal by which it shall authenticate its proceedings. Copies of the proceedings,
records and acts of the board, and certificates purporting to relate the facts concerning
the proceedings, records, and acts signed by the secretary and authenticated by the seal shall
be prima facie evidence in all the courts of this state. (c) The board shall report to the
state Comptroller by the fifth day of each month the amount and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-28A-44.htm - 2K - Match Info - Similar pages
|