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SB151
173107-4:n:02/08/2016:JMH/hh LRS2015-3468R2 SB151 By Senator Ward RFD Judiciary Rd 1 09-FEB-16
SYNOPSIS: This bill would revise the Alabama Limited Partnership Law as Chapter 9A of Title
10A of the Code of Alabama 1975. This bill would harmonize the existing limited partnership
law and the existing limited liability company law by reducing the differences between the
two laws. This bill would harmonize, to the extent possible, the various processes of formation,
filings, notice, amendment and restatement of certificates of formation, admission of limited
partners and general partners, contributions and distributions, dissociation of partners and
the effects thereof, transfers of interests, charging orders, rights of personal representatives,
dissolution and winding up, direct and derivative actions, and conversions and mergers. This
bill would continue to specify various default provisions which would apply to a partnership
agreement unless modified by the partners in the partnership...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB151.htm - 236K - Match Info - Similar pages
HB202
Rep(s). By Representative Poole HB202 ENROLLED, An Act, To adopt a revised Alabama Limited
Partnership Law as Chapter 9A of Title 10A of the Code of Alabama 1975; to provide for the
various processes of formation of a limited partnership; to provide default provisions; to
provide that certain obligations of a limited partnership may not be modified in the agreement;
to specify the information required to be included in various filings; to specify that when
both the converting entity and the converted entity are domestic entities, the statement of
conversion and the certificate of formation would be filed simultaneously with the Secretary
of State; to make various harmonizing changes to the limited liability company law; to amend
Sections 10A-1-1.03, 10A-1-1.06, 10A-1-1.08, 10A-1-4.26, 10A-1-6.02, 10A-1-6.13, 10A-1-6.25,
10A-1-7.07, 10A-5A-1.10, 10A-5A-4.01, 10A-5A-5.04, 10A-5A-7.01, 10A-5A-7.02, 10A-5A-10.03,
10A-5A-10.04, 10A-5A-10.07, and 10A-5A-10.08, Code of Alabama 1975; and to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB202.htm - 233K - Match Info - Similar pages
SB292
173949-2:n:02/24/2016:LFO-HP/bdl SB292 By Senators Orr and Melson RFD Fiscal Responsibility
and Economic Development Rd 1 24-FEB-16 SYNOPSIS: Under existing law, liquor wholesale licensees
may sell liquor at wholesale to the Alabama Alcoholic Beverage Control Board or as authorized
by the board, other than to a retail licensee of the board. Under existing law, state liquor
stores operated by the Alabama Alcoholic Beverage Control Board and certain licensed private
retail stores may sell liquor at retail. Under existing law, retail licensees of the board
must purchase liquor from the board for resale. This bill would require the Alabama Alcoholic
Beverage Control Board to phase out retail sale of alcoholic beverages by the board prior
to October 1, 2021 but continue all other functions prescribed by law; require the board to
obtain the best available price for fixed assets, equipment, and property; and require the
Department of Economic and Community Affairs to provide certain technical...
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HB270
cell captive insurance companies. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections
27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-9, 27-31B-12, 27-31B-16, 27-31B-19, 27-31B-20,
27-31B-22, and 27-31B-24, Code of Alabama 1975, are amended to read as follows: ยง27-31B-2.
"As used in this chapter, the following terms shall have the following meanings, unless
the context clearly indicates otherwise: "(1) AFFILIATED COMPANY. Any company in the
same corporate system as a parent, an industrial insured, or a member organization
by virtue of common ownership, control, operation, or management. "(2) ALIEN CAPTIVE
INSURANCE COMPANY. Any insurance company formed to write insurance business for its parents
and affiliates and licensed pursuant to the laws of an alien jurisdiction which imposes statutory
or regulatory standards in a form acceptable to the commissioner on companies transacting
the business of insurance in that jurisdiction. "(3) ASSOCIATION. Any legal association
of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB270.htm - 59K - Match Info - Similar pages
SB243
SB243 By Senator Reed ENROLLED, An Act, Relating to universities; to enact the University Authority
Act of 2016, to authorize constitutionally created public universities and public universities
operating schools of medicine to form a new type of public corporation to be called an authority;
to express legislative intent; to establish procedures for incorporation of authorities by
universities; to prescribe requirements for and powers of a board of directors and officers
of an authority; to prescribe powers of an authority, which includes the power to form university
affiliates; to authorize authorities to exercise their powers even if the exercise of such
powers would be deemed anticompetitive or monopolistic under federal or state antitrust laws;
to grant authorities the power of eminent domain; to authorize authorities to issue obligations
such as bonds, notes, and other evidences of indebtedness; to authorize liens on the revenues
and assets of an authority or a university...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB243.htm - 47K - Match Info - Similar pages
SB234
173998-1:n:02/11/2016:JET*/th LRS2016-627 SB234 By Senator Orr RFD Judiciary Rd 1 16-FEB-16
SYNOPSIS: This bill would create the Alabama RICO (Racketeer Influenced and Corrupt Organizations)
Act to provide criminal penalties and other sanctions for those who engage in racketeering
activity or patterns of racketeering activity. This bill would prohibit a person, through
a pattern of racketeering activity or proceeds derived therefrom, from acquiring or maintaining,
directly or indirectly, any interest in or control of any enterprise, real property, or personal
property of any nature, including money, and would prohibit a person employed by or associated
with any enterprise to conduct or participate in, directly or indirectly, an enterprise through
a pattern of racketeering activity. This bill would allow courts to enjoin certain violations
of the act to protect the rights of innocent persons and would provide that all property of
every kind used or derived from a pattern of racketeering...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB234.htm - 41K - Match Info - Similar pages
HB241
173341-1:n:02/03/2016:PMG/mfc LRS2016-274 HB241 By Representatives Pringle, South, Sessions,
Morrow, Beech, McCampbell, Williams (JD) and Greer RFD Commerce and Small Business Rd 1 16-FEB-16
SYNOPSIS: This bill would authorize public universities operating schools of medicine to form
a new type of public corporation to be called an authority. This bill would provide procedures
for the incorporation, reincorporation, and dissolution of an authority. This bill would prescribe
powers of an authority, including the power to form university affiliates, the power of eminent
domain, and the power to incur indebtedness. This bill would authorize an authority to exercise
its powers even if doing so would be deemed anticompetitive or monopolistic under federal
or state antitrust laws. This bill would authorize liens on the revenues and assets of an
authority or university affiliate. This bill would exempt an authority and university affiliate
from state taxation and exempt indebtedness issued by...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB241.htm - 53K - Match Info - Similar pages
HB178
173076-2:n:02/04/2016:PMG/mfc LRS2016-139R1 HB178 By Representative Hill (M) RFD Ways and Means
General Fund Rd 1 11-FEB-16 SYNOPSIS: Under existing law, funds deposited in the Uniform Commercial
Code Fund must be expended for the purpose of carrying out the provisions of law authorizing
the collection of the funds; funds in the Secretary of State's Information Bulk Sales Fund
may be used for any purpose; and funds in the Secretary of State Entity Fund may be used for
any purpose, provided the funds are allotted and budgeted in accordance with law. This bill
would authorize the Uniform Commercial Code Fund, the Secretary of State's Information Bulk
Sales Fund, and the Secretary of State Entity Fund to be used for the administration of the
Office of the Secretary of State. A BILL TO BE ENTITLED AN ACT Relating to the Office of the
Secretary of State; to amend Sections 7-9A-523, 7-9A-525, and 10A-1-4.31 Code of Alabama 1975,
by authorizing the Uniform Commercial Code Fund, the Secretary...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB178.htm - 19K - Match Info - Similar pages
HB526
176321-1:n:04/06/2016:LLR/tj LRS2016-1308 HB526 By Representative Scott RFD Financial Services
Rd 1 12-APR-16 SYNOPSIS: This bill would create the Alabama Motor Vehicle Title Loan Act.
The bill would: Require licensure by the State Banking Department for a person to act as a
title loan lender; provide for the application for licensure; require a bond and a nonrefundable
application and investigation fee; provide for inactive licenses, renewal and reactivation
of licenses, a fee for the license, and for the denial, suspension, or revocation of licenses.
The bill would specify acts which constitute violations for which certain disciplinary actions
may be taken; would provide for the imposition of fines and criminal penalties; and would
provide remedies for title loans made or serviced without proper licensure. The bill would
establish requirements for a title loan agreement; would provide for reclaiming a repossessed
motor vehicle under certain circumstances; and would provide payment of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB526.htm - 54K - Match Info - Similar pages
HB38
Rep(s). By Representatives Tuggle, Mooney, Wingo, Hill (M), Weaver, Harper, Fridy, Chesteen,
Lee, Ledbetter, Wilcox, Sanderford, Clouse, Boothe, McCutcheon, Baker, McMillan, Millican,
Greer, Martin, Beckman, Fincher, Pettus, Garrett, Carns, Shedd, Poole, Hubbard, Faulkner,
South and Johnson (K) HB38 ENGROSSED A BILL TO BE ENTITLED AN ACT To amend Section 40-2A-3,
Code of Alabama 1975, to revise the definitions of Taxpayer Advocate and taxpayer assistance
order; to amend Section 40-2A-4, Code of Alabama 1975, relating to the Taxpayer Advocate;
to provide for the appointment of the advocate by the Governor; to require the advocate to
maintain a public website; to require the advocate to promote the interests of taxpayers involved
in disputes where an ambiguity in tax law exists; to remove the assistant commissioner's authority
to approve taxpayer assistance orders; to require an annual report to certain legislative
committees regarding tax law ambiguities; to provide for additional...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB38.htm - 27K - Match Info - Similar pages
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