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45-44-150.19
Section 45-44-150.19 Charity days. (a) Upon request of recognized charities, the racing commission
may extend the limitations of time for greyhound racing not to exceed three days at any one
time beyond the period otherwise provided by law so that any such track shall conduct a charity
day or days of racing for any one or more recognized charities in Alabama which has a tax
exempt status as provided for under the Internal Revenue Code. The total of all profits derived
from the operation of such racing on such charity days, including all monies which would otherwise
be received by the racing commission as taxes for such day's operations, shall be and become
a part of the charity trust fund for which such racing on such days is conducted. The charity
trust fund shall be administered as directed by the racing commission. (b) In determining
profits derived from such racing on such charity days, which profits shall include all taxes
payable to the county or any agency thereof for such day's...
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12-18-81
Section 12-18-81 Right of election of probate judges holding office on or after December 27,
1973, to come under provisions of Article 1 of chapter; filing of instrument as to election
with Clerk of Supreme Court, county commission and Secretary-Treasurer of State Employees'
Retirement System; applicability of provisions of Article 1 of chapter to probate judges elected
or appointed to office after October 1, 1976; state and local governing bodies authorized
to pick up member contributions to retirement fund. Each probate judge holding office in the
several counties of Alabama on or after December 27, 1973, and prior to October 1, 1976, shall
have a right to elect to come under the provisions of Article 1 of this chapter in accordance
with the provisions of this article. Each such probate judge who elects to come under the
provisions of article 1 of this chapter shall, prior to the first Monday after the second
Tuesday in January, 1977, file with the Clerk of the Supreme Court of...
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16-33C-11
Section 16-33C-11 ACES savings agreements. (a) Each savings agreement made pursuant to this
chapter shall include, but shall not be limited to, the following terms and provisions: (1)
The maximum and minimum annual contributions and maximum account balance allowed on behalf
of a designated beneficiary. (2) Provisions for withdrawals, refunds, transfers, returns of
excess contributions and any penalties. (3) The terms and conditions for remitting contributions,
including, but not limited to, that contributions may be made in cash only. (4) The name,
address, date of birth, and Social Security number of the designated beneficiary on whose
behalf the ABLE or ACES savings account is opened. (5) Terms and conditions for designation
of a substitute beneficiary. (6) Terms and conditions for termination of the account, including
any transfers to the state upon the death of the qualified beneficiary, if applicable, refunds,
withdrawals, transfers, applicable penalties, the name of the person...
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19-3B-1304
Section 19-3B-1304 Trusts for employees or self-employed persons. (a) A trust of real or personal
property or real and personal property combined: (1) which is created by an employer as part
of a stock bonus plan, pension plan, disability or death benefit plan, or profit-sharing plan,
for the exclusive benefit of some or all his or her employees, to which contributions are
made by such employer or employees, or both, for the purpose of distribution to such employees
the earnings of the principal, or both earnings and principal of the fund so held in trust;
or (2) which is created by a self-employed person or group of self-employed persons and: a.
which is part of a retirement, disability, or death benefit plan for such self-employed person
or persons; and b. contributions to which are deductible, in whole or in part, from gross
income for federal income tax purposes under the internal revenue laws of the United States;
or (3) which is created for the collective investment of the funds...
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27-14-3
Section 27-14-3 Insurable interest - Personal insurance; preneed contracts. (a) Insurable interest
with reference to personal insurance is an interest based upon a reasonable expectation of
pecuniary advantage through the continued life, health, or bodily safety of another person
and consequent loss by reason of his or her death or disability or a substantial interest
engendered by love and affection in the case of individuals closely related by blood or by
law. (b) An individual has an unlimited insurable interest in his or her own life, health,
and bodily safety and may lawfully take out a policy of insurance on his or her own life,
health, or bodily safety and have the same made payable to whomsoever he or she pleases, regardless
of whether the beneficiary so designated has an insurable interest. (c) A corporation, foreign
or domestic, has an insurable interest in the life or physical or mental ability of any of
its directors, officers, or employees, or the directors, officers, or...
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35-11-44
Section 35-11-44 Place of filing. (a) Notices of liens, certificates, and other notices affecting
federal tax liens or other federal liens must be filed in accordance with this division. (b)
Notices of federal liens upon real property for obligations payable to the United States and
certificates and notices affecting the liens shall be filed in the office of the judge of
probate of the county in which the real property subject to the liens is situated. (c) Notices
of federal liens upon personal property, whether tangible or intangible, for obligations payable
to the United States and certificates and notices affecting the liens shall be filed as follows:
(1) If the person against whose interest the lien applies is a corporation or a partnership
whose principal executive office is in this state, as those entities are defined in the internal
revenue laws of the United States, in the office of the Secretary of State; (2) If the person
against whose interest the lien applies is a trust...
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40-16-3
Section 40-16-3 Returns. (a) Every financial institution, no later than the due date, including
applicable extensions, for its corresponding federal income tax or federal information return,
shall make and file with the Department of Revenue a return, signed under the penalties of
perjury by its cashier, treasurer, or other authorized officer or employee, if a corporation,
or by a person or authorized employee in charge of the conduct of the business to be taxed
if an individual, firm, association, or other legal entity, in such form as may be prescribed
by the Department of Revenue, giving such detailed information as the Department of Revenue
may in its opinion require to determine the net income of the financial institution for the
taxable year, by the net income of which the excise tax is to be measured. (b) Qualified corporate
groups, as in this chapter defined, shall have the option to file one excise tax return on
a consolidated basis or to file separate returns. Qualified...
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45-32-150.21
Section 45-32-150.21 Charity days. (a) The racing commission shall extend the limitations of
time for greyhound racing not to exceed two days at any one track beyond the period otherwise
provided by law so that any such track shall conduct a charity day or days of racing for any
one or more recognized charities in Greene County which has a tax exempt status as provided
for under the Internal Revenue Code. The total of all profits derived from the operation of
such racing on such charity days including all monies which would otherwise be received by
the racing commission as taxes for such day's operations shall be and become a part of the
charity trust fund for which such racing on such days is conducted. The charity trust fund
shall be administered as directed by the racing commission. (b) In determining profits derived
from such racing on such charity days, which profits shall include all taxes payable to the
county or any agency thereof for such days' operations, the tracks shall...
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45-8A-22.109
Section 45-8A-22.109 Contributions to the trust. (a) The secretary-treasurer shall receive
contributions to the trust that shall consist of the following: (1) All of the money, securities,
things of value, and assets belonging to any similar fund now being maintained by the City
of Anniston. (2) All money or properties that may be given or donated by any person, firm,
association, or corporation for the uses and purposes for which the trust is created, and
the retirement board may take by gift, grant, devise, or bequest, any money, personal property
or real estate, or any interest therein or any right of property for the benefit of the trust.
(3) Participant Contributions. a. Employee Contributions. Effective prior to October 1, 2002,
10 percent of each participant's monthly compensation, including overtime and any other pay,
which shall be deducted from such compensation and paid to the secretary-treasurer on or before
the tenth day each month next succeeding the month in which such...
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16-16-14.1
Section 16-16-14.1 Sale of bonds and other details of bonds. From and after August 14, 2009,
bonds issued by the authority under subsection (b) of Section 3 of Act 98-373 may be sold
by negotiated sale or by competitive bid at such price or prices and at such time or times
as the authority may consider advantageous. In addition, bonds hereafter issued by the authority
under subsection (b) of Section 3 of Act 98-373 may bear such maturities, may be subject to
redemption, or may not be subject to redemption, all on such terms as the authority may consider
advantageous. Notwithstanding any other provision of law, bonds, notes, or other debt obligations
issued under the provisions of the American Recovery and Reinvestment Act of 2009 or other
governmental program providing cost-savings or conditions acceptable to the authority may
be issued by the authority after review by the Alabama Public School and College Education
Incentive Fund Council created in Section 16-16-15. The council shall...
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