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5-2A-41
Section 5-2A-41 Meetings of board - Notice; executive session; confidentiality. (a) A meeting
of the Banking Board may be held on call of the superintendent or any three members of the
Banking Board. The superintendent shall give to each member of the Banking Board at least
three days' notice of the time and place of any meeting of the Banking Board unless such notice
is waived by all the members of the Banking Board. (b) At any meeting, the Banking Board may
go into executive session in order to do any of the following: (1) Protect the confidentiality
of reports or information under Sections 5-3A-3, 5-3A-11, and 5-13B-105 and other provisions
of this title. (2) Review information concerning the condition and affairs of any proposed
bank or trust company, any bank or trust company, any subsidiary or affiliate of a bank or
trust company, or several banks or trust companies or their subsidiaries, or to review personal
or financial information of individuals. (3) Accomplish any other...
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7-1-201
Section 7-1-201 General definitions. (a) [Reserved]. (b) Subject to additional definitions
contained in the subsequent articles of this title which are applicable to specific articles
or parts thereof, and unless the context otherwise requires, in this title: (1) "Action,"
in the sense of a judicial proceeding, includes recoupment, counterclaim, set-off, suit in
equity, and any other proceeding in which rights are determined. (2) "Aggrieved party"
means a party entitled to pursue a remedy. (3) "Agreement," as distinguished from
"contract," means the bargain of the parties in fact, as found in their language
or inferred from other circumstances, including course of performance, course of dealing,
or usage of trade as provided in Section 7-1-303. (4) "Bank" means a person engaged
in the business of banking and includes a savings bank, savings and loan association, credit
union, and trust company. (5) "Bearer" means a person in possession of a negotiable
instrument, document of title, or...
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24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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34-24-341
Section 34-24-341 Commission to commence actions where persons practicing without license;
court jurisdiction; issuance of injunctions. The Medical Licensure Commission, in addition
to the powers and duties expressed in this article with respect to the denial of a license,
denial of a certificate of registration, and suspension or revocation of a license, is empowered
to commence and maintain in its own name in any circuit court having jurisdiction of any person
within this state, who is practicing without a license or to whom a license has been denied,
or to whom a certificate of registration has been denied or whose license has been suspended
or revoked by action of the commission, an action in the nature of quo warranto as provided
for in Section 6-6-590 et seq., as the same is now or may hereafter be amended, to order such
person to cease and desist from continuing to practice medicine or osteopathy within the State
of Alabama, and jurisdiction is conferred upon the circuit courts...
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8-7A-2
Section 8-7A-2 Definitions. For purposes of this chapter, the following terms shall have the
following meanings: (1) AGENT or AUTHORIZED DELEGATE. Any person designated or employed by
a licensee under this chapter to provide monetary transmission services on behalf of the licensee.
(2) APPLICANT. Any person that files an application for a license under this chapter. (3)
BANK. An institution organized under federal or state law which meets any of the following
requirements: a. Accepts demand deposits or deposits that the depositor may use for payment
to third parties and engages in the business of making loans. b. Engages in credit card operations
and maintains only one office that accepts deposits, does not accept demand deposits or deposits
that a depositor may use for payments to third parties, does not accept a savings or time
deposit less than one hundred thousand dollars ($100,000), and does not engage in the business
of making commercial loans. c. Is a trust company subject to...
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9-17-154
Section 9-17-154 Eminent domain. (a) Any storage operator is hereby empowered, after obtaining
approval of the board as herein required, to exercise the right of eminent domain in the manner
provided by law, to acquire all surface and subsurface rights and interests necessary or useful
for the purpose of operating the storage facility (including easements and rights-of-way across
lands for transporting, by pipeline or otherwise, gas to and from said facility) and to exercise
eminent domain rights to acquire any hydrocarbons therein, pursuant to the provisions hereof.
Such power shall be exercised under the procedure provided by Chapter 1A, Title 18. (b) No
rights or interests in storage facilities acquired for the injection, storage and withdrawal
of gas by a party who has eminent domain rights under this act and who has obtained an order
from the board under the provisions of Section 9-17-152, shall be subject to the exercise
of any eminent domain rights; and no portion of any salt...
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11-63-2
Section 11-63-2 Loans, grants, etc., of property, payment of principal or interest on outstanding
bonds and securities, etc., by municipalities for assistance of related public corporations
authorized generally; issuance of bonds by municipalities to provide moneys for loans, payments,
etc., generally; creation of irrevocable trust funds for payment of corporate securities.
(a) In addition to all other powers that a municipality may have with respect to a related
public corporation, any municipality may, with or without consideration and on such terms
as its governing body may deem advisable: (1) Lend or donate money to, or perform services
for the benefit of, a related public corporation; (2) Donate, convey, transfer, lease, or
grant to a related public corporation any property of any kind; (3) Pay, or provide for the
payment of, the principal of or interest on any then outstanding bonds or other securities
theretofore issued by a related public corporation, whether or not such...
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26-1A-208
Section 26-1A-208 Banks and other financial institutions. Unless the power of attorney otherwise
provides, language in a power of attorney granting general authority with respect to banks
and other financial institutions authorizes the agent to: (1) continue, modify, and terminate
an account or other banking arrangement made by or on behalf of the principal; (2) establish,
modify, and terminate an account or other banking arrangement with a bank, trust company,
savings and loan association, credit union, thrift company, brokerage firm, or other financial
institution selected by the agent; (3) contract for services available from a financial institution,
including renting a safe deposit box or space in a vault; (4) withdraw, by check, order, electronic
funds transfer, or otherwise, money or property of the principal deposited with or left in
the custody of a financial institution; (5) receive statements of account, vouchers, notices,
and similar documents from a financial institution...
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27-12-18
Section 27-12-18 Statement of charges; hearing, order, and review thereon. (a) If the commissioner
believes that any person has been engaged, or is engaging, in this state in any unfair method
of competition or any unfair or deceptive act or practice expressly prohibited in this trade
practices law and that a proceeding by him in respect thereto would be to the interest of
the public, he shall issue and serve upon such person a statement of the charges in that respect
and a notice of a hearing thereon to be held at a time and place fixed in the notice, which
shall not be less than 10 days after the date of the service thereof. (b) At the hearing,
such person shall have an opportunity to be heard and to show cause why an order should not
be made by the commissioner requiring such person to cease and desist from the acts, methods,
or practices so complained of. Upon good cause shown, the commissioner shall permit any person
to intervene, appear, and be heard at such hearing by counsel or...
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