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SB169
after the due date of the premium in default, an actuarially equivalent alternative paid-up
nonforfeiture benefit which provides a greater amount or longer period of death benefits or,
if applicable, a greater amount or earlier payment of endowment benefits. (2) That, upon surrender
of the policy within 60 days after the due date of any premium payment in default after premiums
have been paid for at least three full years in the case of ordinary insurance or five full
years in the case of industrial insurance, the insurer will pay, in lieu of any paid-up
nonforfeiture benefit, a cash surrender value of such amount as may be specified in this article.
(3) That a specified paid-up nonforfeiture benefit shall become effective as specified in
the policy unless the person entitled to make such election elects another available option
not later than 60 days after the due date of the premium in default. (4) That, if the policy
shall have become paid up by completion of all premium payments,...
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SB287
SB287 ENGROSSED By Senators Pittman, Ward, Allen, Williams and Reed A BILL TO BE ENTITLED AN
ACT To amend Sections 14-2-1, 14-2-12, 14-2-13.1, 14-2-14, 14-2-16, 14-2-19, 14-2-21, 14-2-28,
and 14-2-34, relating to the Alabama Corrections Institution Finance Authority, to allow the
Authority to issue up to $800 million in bonds with no specified maturity date later than
30 years for the purpose of financing the construction of women's and regional prison facilities,
renovating existing prison facilities, and demolishing obsolete prison facilities; and to
allow the Authority to construct the women's and regional prison facilities using various
types of construction agreements; to authorize the Authority to dispose of property not required
for Department of Corrections purposes; to require reporting to the Joint Legislative Prison
Committee; to further provide for actions to be taken upon payment of all bonds issued by
the Authority; to amend Section 40-8-3, relating to allocation of the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB287.htm - 36K - Match Info - Similar pages
HB28
Act 2007-592, Act 2008-25, Act 2008-121, Act 2008-337, Act 2008-386, Act 2009-142, Act 2009-180,
Act 2009-794, Act 2009-798, Act 2009-806, Act 2010-458, Act 2010-638, Act 2011-132, Act 2011-356,
Act 2012-25, Act 2012-597, and Act 2014-194. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. The following provisions of the Code of Alabama 1975, are repealed: (1) Article
1, commencing with Section 2-7-1, of Chapter 7 of Title 2, Code of Alabama 1975, relating
to the Agricultural and Industrial Exhibit Commission. (2) Chapter 13A, commencing
with Section 2-13A-1, of Title 2, Code of Alabama 1975, relating to the Southern Dairy Compact
and the Southern Dairy Compact Commission. (3) Chapter 2A, commencing with Section 4-2A-1,
of Title 4, Code of Alabama 1975, relating to the Alabama International Airport Authority.
(4) Chapter 6A, commencing with Section 9-6A-1, of Title 9, Code of Alabama 1975, relating
to the Synfuels Development Authority. (5) Section 9-12-142, Code of Alabama...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB28.htm - 47K - Match Info - Similar pages
SB121
Act 2007-592, Act 2008-25, Act 2008-121, Act 2008-337, Act 2008-386, Act 2009-142, Act 2009-180,
Act 2009-794, Act 2009-798, Act 2009-806, Act 2010-458, Act 2010-638, Act 2011-132, Act 2011-356,
Act 2012-25, Act 2012-597, and Act 2014-194. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. The following provisions of the Code of Alabama 1975, are repealed: (1) Article
1, commencing with Section 2-7-1, of Chapter 7 of Title 2, Code of Alabama 1975, relating
to the Agricultural and Industrial Exhibit Commission. (2) Chapter 13A, commencing
with Section 2-13A-1, of Title 2, Code of Alabama 1975, relating to the Southern Dairy Compact
and the Southern Dairy Compact Commission. (3) Chapter 2A, commencing with Section 4-2A-1,
of Title 4, Code of Alabama 1975, relating to the Alabama International Airport Authority.
(4) Chapter 6A, commencing with Section 9-6A-1, of Title 9, Code of Alabama 1975, relating
to the Synfuels Development Authority. (5) Section 9-12-142, Code of Alabama...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB121.htm - 47K - Match Info - Similar pages
SB15
services to and on behalf of needy persons. b. a. Nine and nine one-hundredths percent shall
be set apart and used for the following purposes only and in the following order: 1. So much
thereof as may be necessary for such purpose is hereby appropriated and shall be used by the
State Treasurer to pay at their respective maturities the principal and interest that will
mature during the then current fiscal year on all bonds at the time outstanding that may have
been issued by the State Industrial Development Authority under the provisions of the
following acts: (i) Acts 1967, No. 231; (ii) Acts 1971, No. 1420; (iii) Acts 1973, No. 1039;
(iv) Acts 1975, No. 1217; (v) Acts 1978, 2nd Ex. Sess., No. 99; (vi) Acts 1981, No. 81-843;
(vii) Acts 1983, No. 83-925; and (viii) Acts 1987, No. 87-550. 2. The balance thereafter remaining
during each fiscal year shall be paid into the State General Fund. a special fund in the State
Treasury to be designated the "General and Mental Health Fund,"...
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