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15-22-1.1
Section 15-22-1.1 Interstate Compact for Adult Offender Supervision. Whereas: The Interstate
Compact for the Supervision of Parolees and Probationers was established in 1937, it is the
earliest corrections "compact" established among the states and has not been amended
since its adoption over 62 years ago; Whereas: This compact is the only vehicle for the controlled
movement of adult parolees and probationers across state lines, and it currently has jurisdiction
over more than a quarter of a million offenders; Whereas: The complexities of the compact
have become more difficult to administer, and many jurisdictions have expanded supervision
expectations to include currently unregulated practices such as victim input, victim notification
requirements, and sex offender registration; Whereas: After hearings, national surveys, and
a detailed study by a task force appointed by the National Institute of Corrections, the overwhelming
recommendation has been to amend the document to bring about...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-22-1.1.htm - 43K - Match Info - Similar pages
24-1A-42
Section 24-1A-42 Definitions. As used in this article, the following terms shall have the following
meanings: (1) ALABAMA HOME BUYERS INITIATIVE. A program that includes a conventional mortgage
program not to exceed one billion dollars ($1,000,000,000) in aggregate loan amount to be
administered by the program administrator, under which single family mortgage loans, as defined
in Section 24-1A-2, are purchased by the program administrator and sold to the initial holder,
and one or more alternative housing programs. No mortgage loan shall be made to any person
who is not a citizen of the United States or is not legally present in the United States with
appropriate documentation from the federal government. (2) ALTERNATIVE HOUSING PROGRAM. Any
program or other activity that is certified to the State Treasurer by the program administrator
under Section 24-1A-44(c)(2), that will be administered by the program administrator, and
that will promote home ownership in Alabama, including,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-42.htm - 3K - Match Info - Similar pages
5-26-11
Section 5-26-11 Authority to require license. In addition to any other duties imposed upon
the supervisor by law, the supervisor shall require mortgage loan originators to be licensed
and registered through the Nationwide Mortgage Licensing System and Registry. In order to
carry out this requirement the supervisor is authorized to participate in the Nationwide Mortgage
Licensing System and Registry. For this purpose, the supervisor may establish by rule/regulation
or order requirements as necessary, including but not limited to: (1) BACKGROUND CHECKS. Background
checks for: (a) Criminal history through fingerprint or other databases; (b) Civil or administrative
records; (c) Credit history; or (d) Any other information as deemed necessary by the Nationwide
Mortgage Licensing System and Registry. (2) FEES. The payment of fees to apply for or renew
licenses through the Nationwide Mortgage Licensing System and Registry; (3) SETTING DATES.
The setting or resetting as necessary of renewal or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-26-11.htm - 1K - Match Info - Similar pages
8-8-14
Section 8-8-14 Interest surcharge on loans or credit sales; refunds; maximum interest rate
indexed to prime rate; maximum interest rates for open-end credit plans. (a) In addition to
other lawful charges under various state laws, and notwithstanding any restrictions thereunder,
a legal licensed lending institution, a vendor making credit sales, any financial institution
operating in Alabama or any individual may, if provided in the contract, charge and collect
at the time of making a loan or credit sale, on each contract of loan or credit sale, an interest
surcharge of not more than six percent of the part of the amount financed, which is not in
excess of two thousand dollars ($2000). In addition to any rebate to which the debtor is otherwise
entitled, when any contract upon which an interest surcharge has been charged is prepaid in
full by any means within 90 days of date of the contract, the creditor shall refund or credit
the debtor with a pro rata portion of the interest surcharge,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-8-14.htm - 2K - Match Info - Similar pages
25-13-12
Section 25-13-12 Issuance of license; fees; emergency and temporary elevator mechanic licenses;
renewal; continuing education. (a) Upon approval of an application, the administrator may
issue a license which shall be renewable biennially. The fee for such license and for any
renewal thereafter shall be set by the board. (b) Whenever an emergency exists in the state
due to disaster, act of God, or work stoppage and the number of persons in the state holding
licenses granted by the administrator is insufficient to cope with the emergency, the licensed
elevator contractors shall respond as necessary to assure the safety of the public. Any person
certified by a licensed elevator contractor to have an acceptable combination of documented
experience and education to perform elevator work without direct and immediate supervision
shall seek an emergency elevator mechanic license from the administrator within five business
days after commencing work requiring a license. The administrator shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-13-12.htm - 5K - Match Info - Similar pages
5-5A-23
Section 5-5A-23 Investments and loans with respect to housing. (a) Banks, insurance companies
and savings and loan associations are authorized: (1) To make such loans and advances of credit
and purchases of obligations representing loans and advances of credit as are eligible for
insurance and to obtain such insurance; and (2) To make such loans secured by real property
or leasehold as the Federal Housing Administrator insures or makes a commitment to insure
and to obtain such insurance. (b) It shall be lawful for banks, insurance companies or savings
and loan associations to purchase, invest in and dispose of bonds or notes secured by mortgages
issued by the Federal Housing Administrator and in securities issued by national mortgage
associations. (c) No law of this state requiring security upon which loans or investments
may be made, or prescribing or limiting interest rates upon loans or investments, or prescribing
or limiting the period for which loans or investments may be made...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-5A-23.htm - 2K - Match Info - Similar pages
27-40-2
Section 27-40-2 Exemptions from chapter. The provisions of this chapter shall not apply with
respect to any of the following: (1) Any insurance company licensed to do business in this
state. (2) Any banking or other financial institution regulated by the state, or savings and
loan association, or credit union authorized to do business in this state, or any national
banking institution or federal savings and loan association incorporated under the laws of
the United States and located within this state. (3) A charge for insurance in connection
with an installment sale of a motor vehicle or boat or mobile home. (4) The financing of insurance
premiums in this state in accordance with the provisions of this title relating to rates of
insurance. (5) Any insurance agent or agency licensed in Alabama that charges a collection
fee on unpaid balances for insurance premiums under Section 27-12-17 or under the Alabama
Consumer Credit Act. (Acts 1975, No. 1042, p. 2088, ยง1; Acts 1994, No. 94-118,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-40-2.htm - 1K - Match Info - Similar pages
5-19-6
Section 5-19-6 Copies of instruments signed by debtors to be furnished to debtors; required
statement in contracts, etc.; limitation on disclosure requirements; intent, applicability
of limitation. (a) Any creditor, when extending credit with respect to a consumer credit transaction,
other than under an open-end credit plan, shall at that time furnish to the debtor a copy
of each instrument executed by the debtor in connection with the consumer credit transaction.
The consumer credit transaction contract or note shall contain the following statement in
eight point or larger type immediately above the space for the borrower's signature. "CAUTION
- IT IS IMPORTANT THAT YOU THOROUGHLY READ THE CONTRACT BEFORE YOU SIGN IT." (b) No disclosures
are required by this chapter to be made by a creditor with respect to any transaction other
than disclosures required by regulations made by the administrator pursuant to Section 5-19-21
and disclosures required by subsection (a) above and by Sections...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-19-6.htm - 2K - Match Info - Similar pages
8-8-1.1
Section 8-8-1.1 Maximum rates of interest - Permitted under state or federal law. (a) Individuals,
partnerships, banks, corporations, and other legal entities may, on any loans or extensions
of credit made by them, charge or impose the same rate of interest or finance charge to the
same extent and under the same circumstances and conditions as any federal or state chartered
or licensed lending institution having its principal place of business in Alabama; provided,
however, that any individual or partnership charging or imposing interest or finance charges
in excess of that permitted such lending institutions under other applicable law shall be
subject to the same penalties prescribed in such other applicable law or laws for such excessive
interest or finance charges. (b) The provisions of this section are cumulative and nothing
herein contained shall diminish rights or powers otherwise existing. The provisions of this
section, as amended, shall have retroactive effect to May 14, 1979,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-8-1.1.htm - 1K - Match Info - Similar pages
34-20-4
Section 34-20-4 Board of Examiners of Nursing Home Administrators - Generally. (a) There is
a Board of Examiners of Nursing Home Administrators composed of seven members, six original
members as set out in this subsection, and an additional consumer member as set out in subsection
(b). The membership of the board shall be inclusive and reflect the racial, gender, geographic,
urban/rural, and economic diversity of the state. The six original members shall be composed
as follows: Three members shall be nursing home administrators duly licensed and registered
under this chapter; one member shall be a physician, licensed under the laws of the State
of Alabama, who is actively concerned in a practice with the care of chronically ill and infirm,
aged patients; one member shall be a hospital administrator; and one member shall be a registered
nurse, licensed in Alabama, who has five years' experience as a geriatric nurse and who is
actively serving as a director of nursing in a geriatric...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-20-4.htm - 6K - Match Info - Similar pages
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