22-35-4
Section 22-35-4 Alabama Underground and Aboveground Storage Tank Trust Fund. There is hereby created the Alabama Underground and Aboveground Storage Tank Trust Fund, hereinafter referred to as the "fund," to be administered by the Secretary-Treasurer of the Retirement Systems of Alabama. The fund shall be used by the department as a revolving fund for carrying out the purposes of this chapter. The fund is not an insurance company and the laws relating to the conduct of business in this state by an insurance company do not apply to the fund. A decision that underground or aboveground storage tanks are ineligible for benefits under the fund does not expose the fund, the director, department, or commission to a claim of bad faith as such terms are used in general insurance law. Further, in no event shall combined claims against the fund for payment of response actions and third-party claims exceed the per occurrence indemnification limit set by the commission. Under no circumstances shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-35-4.htm - 6K - Match Info - Similar pages
45-2-245
Section 45-2-245 Disposition of proceeds from offshore oil and gas severance taxes. In Baldwin County, the distribution of the producing county's 10 percent share of the net amount of the proceeds from offshore oil and gas severance taxes as provided for in Section 40-20-8(a) as last amended by Act No. 83-889, H. 26 of the 1983 Fourth Special Session of the Legislature shall be as follows: (1) Five percent shall be allocated and distributed to Faulkner State Junior College; (2) Twenty-five percent shall be allocated and distributed to each municipality in the county on a per capita basis; (3) Thirty-two and one-half percent shall be allocated and distributed to the Baldwin County Board of Education; (4) Thirty-two and one-half percent shall be allocated and distributed to the county general fund; and (5) Five percent shall be allocated and distributed to the Baldwin County Indigent Care Board. (Act 84-736, 1st Sp. Sess., p. 76, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-2-245.htm - 1K - Match Info - Similar pages
16-44A-31
Section 16-44A-31 Citizenship Trust established. (a) The State of Alabama hereby establishes and authorizes the Citizenship Trust, herein referred to as the "trust." (b) The purpose of the trust is to strengthen and renew the foundation of American liberty and self-government through citizenship education. The trust shall provide students with high quality educational programs, learning experiences, and resources inside and outside the classroom which enhance their understanding and appreciation of the principles of American citizenship, and knowledge of the Constitution, Bill of Rights, and other essential foundations of the American Republic, and which encourage them to serve and lead their communities, state, and nation as active, responsible, informed, and law-abiding citizens. Programs shall be focused on improving student learning and achievement in the critical academic areas of American history, government, civics, and citizenship. (c) The trust shall encourage voluntary,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-44A-31.htm - 4K - Match Info - Similar pages
41-15A-3
Section 41-15A-3 Tax deduction. Donations and bequests to the Penny Trust Fund by individuals, associations, corporations, and companies shall be exempt from all county and municipal taxes and deductible from state taxes in accordance with Section 40-18-15. (Acts 1989, No. 89-667, p. 1325, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15A-3.htm - 602 bytes - Match Info - Similar pages
45-2-235
Section 45-2-235 Fees; disposition of funds. (a) In Baldwin County the fee for issuance of a permit to carry a pistol in a vehicle or concealed on or about the person as provided in Section 13-6-155, shall not exceed the sum of thirty dollars ($30), as set by the sheriff. The fee shall be collected by the sheriff of the county. It is the intent of the Legislature that the fee collected is in addition to any other appropriations received by the sheriff. (b) All fees collected from the sale of pistol permits under subsection (a) shall be deposited by the sheriff of the county, in any bank located in such county, into a fund known as the Sheriff's Fund. The Sheriff's Fund shall be drawn upon by the sheriff of such county or his appointed agent and shall be used exclusively for law enforcement purposes and in the discharge of the sheriff's office as the sheriff sees fit. (c) The establishment of the Sheriff's Fund in Baldwin County as provided in this section and the use of such funds...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-2-235.htm - 1K - Match Info - Similar pages
45-24-80
Section 45-24-80 Dallas County Law Library Fund; board. (a)(l) There is created a fund to be designated the Dallas County Law Library Fund, which fund shall be expended as hereinafter provided for the sole purpose of establishing, maintaining, equipping, administering, and operating the law library at the courthouse of Dallas County. (2) In each criminal or quasicriminal or civil case or any other proceeding filed in, arising in, or brought by appeal, on certiorari or otherwise in the Circuit Court, District Court, or Small Claims Court of Dallas County, there shall be taxed as part of the costs the sum of six dollars ($6) to be designated as a law library fee. (3) Such fees when collected by the clerks or other collecting officers of such courts shall be paid to the treasurer or depository of Dallas County for the deposit in the county treasury in a separate account to be designated the Dallas County Law Library Fund. (b)(l) There is created a board to administer the Dallas County Law...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-24-80.htm - 4K - Match Info - Similar pages
45-27A-60
Section 45-27A-60 Town of Pollard Trust Account. (a)(1) There is hereby established a trust account for the Town of Pollard, Alabama, for the exclusive benefit of the Town of Pollard and its citizens. The name of the trust fund shall be the Town of Pollard Trust Account. (2) In order to preserve for future generations the Town of Pollard Trust Account and to ensure water service, garbage pickup, grass mowing, and general maintenance of public property, expenditures from the income of the trust are authorized only for the following uses: a. Maintenance and replacement of water system equipment and property. b. The payment of utility charges incurred by the town. c. Purchase and maintenance of insurance for the water system, other town property, and bonding fees required by law for the mayor, the town clerk, and any other person authorized to sign checks for the Town of Pollard. d. Repair and replacement of town equipment. e. Employment of two permanent employees to perform garbage...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-27A-60.htm - 7K - Match Info - Similar pages
11-3-14
Section 11-3-14 Disposition of funds from special tax levy. The county commission may deposit any funds arising from any special tax levied to pay bonds issued by said county which are in excess of amounts then payable on said bonds in some solvent savings bank in the State of Alabama in the name of the county or invest the same in interest-bearing securities issued by the United States government or by the State of Alabama. The interest accruing on such deposit or from such securities shall be a part of such special fund and shall be devoted to the same uses as the principal of said fund. The county commission shall require adequate bond of said bank to secure the safety of said deposit, which bond shall be in such sum as such county commission shall fix, having due regard to the safety of county funds. (Acts 1923, No. 509, p. 680; Code 1923, §6756; Code 1940, T. 12, §15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-3-14.htm - 1K - Match Info - Similar pages
11-54-131
Section 11-54-131 Investment of moneys; duties of fund manager. (a) Moneys held in and forming a part of an endowment trust fund, including, without limitation, proceeds of investments held in and forming a part of the fund, shall, to the extent practicable and feasible, be kept fully and continuously invested, pending their distribution and expenditure for the purposes authorized by this division, in any of the following: (1) Interest-bearing bank time deposits and interest-bearing bank certificates of deposit. (2) Debt securities that are direct general obligations of the United States of America or any agency thereof, and debt securities of any state or local government. (3) Other debt securities, common and preferred stocks, shares of investment companies or mutual funds, or other like investments. (b) All of the above as may be authorized in the trust agreement under which such fund has been established, and all with the care, skill, prudence, and diligence under the circumstances...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-131.htm - 3K - Match Info - Similar pages
12-15-508
Section 12-15-508 State Multiple Needs Children Fund established; use; limitations; accounting system to be maintained; provisions for yearly audit. (a) There is established in the State Treasury a fund to be known as the State Multiple Needs Children Fund which shall be administered by the agency designated by the Executive Council of the State Team. This fund shall consist of all moneys appropriated for these purposes from the State General Fund , the Alabama Education Trust Fund, or the Children First Trust Fund, donations, grants, bequests, loans, or any other sources, either public or private, relating to providing services for children identified as multiple needs children. (b) The State Multiple Needs Children Fund shall be used to provide services not otherwise provided by state departments or agencies for multiple needs children. Administrative costs connected with the expenditures of state multiple needs children funds shall not exceed a percentage amount established by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-15-508.htm - 2K - Match Info - Similar pages
|