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32-7-11
disposition and return of security. Security deposited in compliance with the requirements
of this chapter shall be placed by the director in the custody of the State Treasurer and
shall be applicable only to the payment of a judgment or judgments rendered against the person
or persons on whose behalf the deposit was made, for damages arising out of the accident in
question in an action at law, begun not later than the period of time provided in Section
6-2-38(l), with regard to actions for injury to the person or rights of another not
arising from contract, or any successor statute of limitations, for general negligence, following
the date of such accident or within the period of time following the date of deposit of any
security under subdivision (3) of Section 32-7-8, or to the payment in settlement agreed to
by the depositor of a claim or claims arising out of such accident. Such deposit or any balance
thereof shall be returned to the depositor or his or her personal...
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32-7-8
Section 32-7-8 Duration of suspension. The license and registration and nonresident's operating
privilege suspended as provided in Section 32-7-6 shall remain suspended and shall not be
renewed, nor shall any license or registration be issued to that person for a period of three
years or until: (1) The person shall deposit or there shall be deposited on his or her behalf
the security required under Section 32-7-6; or (2) Two years shall have elapsed following
the date of the suspension and evidence satisfactory to the director has been filed with him
or her that during that period no action for damages arising out of the accident has been
instituted; or (3) Evidence satisfactory to the director has been filed with him or her of
a release from liability, a final adjudication of nonliability or a duly acknowledged written
agreement, in accordance with subdivision (4) of Section 32-7-7. In the event there shall
be any default in the payment of any installment under any duly acknowledged...
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32-7-6
Section 32-7-6 Security required; suspensions; applicability. (a) If 20 days after the receipt
of a report of a motor vehicle accident within this state which has resulted in bodily injury
or death, or damage to the property of any one person in excess of five hundred dollars ($500),
the director does not have on file evidence satisfactory that the person who would otherwise
be required to file security under subsection (b) of this section has been released from liability,
or has been finally adjudicated not to be liable, or has executed a duly acknowledged written
agreement or conditional release providing for the payment of an agreed amount in installments
with respect to all claims for injuries or damages resulting from the accident, which agreement
or conditional release may include reasonable interest as set out in Section 32-7-7, the director
shall determine the amount of security which shall be sufficient in his or her judgment to
satisfy any judgment or judgments for damages...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-6.htm - 5K - Match Info - Similar pages
7-9A-102
term includes: (A) proceeds to which a security interest attaches; (B) accounts, chattel paper,
payment intangibles, and promissory notes that have been sold; and (C) goods that are the
subject of a consignment. (13) "Commercial tort claim" means a claim arising in
tort with respect to which: (A) the claimant is an organization; or (B) the claimant is an
individual and the claim: (i) arose in the course of the claimant's business or profession;
and (ii) does not include damages arising out of personal injury to or the death
of an individual. (14) "Commodity account" means an account maintained by a commodity
intermediary in which a commodity contract is carried for a commodity customer. (15) "Commodity
contract" means a commodity futures contract, an option on a commodity futures contract,
a commodity option, or another contract if the contract or option is: (A) traded on or subject
to the rules of a board of trade that has been designated as a contract market for such a
contract...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9A-102.htm - 29K - Match Info - Similar pages
8-6-10
Section 8-6-10 Registration of securities - Exempt securities. Sections 8-6-4 through 8-6-9
shall not apply to any of the following securities: (1) Any security, including a revenue
obligation, issued or guaranteed by the United States, any state, any political subdivision
of a state, any agency, corporate, or other instrumentality of one or more of the foregoing;
or any certificate of deposit for any of the foregoing. (2) Any security issued or guaranteed
by Canada, any Canadian province, any political subdivision of any province, any agency, corporate,
or other instrumentality of one or more of the foregoing or any other foreign government with
which the United States currently maintains diplomatic relations if the security is recognized
as a valid obligation by the issuer or guarantor. (3) Any security issued by and representing
an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United
States or any bank, savings institution, or trust company...
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32-7-31
director. (b) The director shall not consent to the cancellation of any bond or the return
of any money or securities in the event any action for damages upon a liability covered by
such proof is then pending or any judgment upon any such liability is then unsatisfied or
in the event the person who has filed such bond or deposited such money or securities has
within one year immediately preceding such request been involved as an operator or owner in
any motor vehicle accident resulting in injury or damage to the person or property
of others. An affidavit of the applicant as to the nonexistence of such facts, or that he
or she has been released from all of his or her liability or has been finally adjudicated
not to be liable for such injury or damage shall be sufficient evidence thereof in
the absence of evidence to the contrary in the records of the director. (c) Whenever any person
whose proof has been cancelled or returned under subdivision (3) of subsection (a) of this
section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-31.htm - 2K - Match Info - Similar pages
36-33-2
of the executive security officers shall be paid from any funds appropriated for the Department
of Public Safety. (c) The provisions of Section 36-21-50 shall have no application to any
person acting pursuant to this section. (d) Any other provision of law or judicial or administrative
rule or ruling to the contrary notwithstanding, the director may use any personnel or equipment
of the department for the protection or security, or both, of any protectee designated in
this chapter, at any personal, political, official, campaign-related, or recreational
event. (e) If a protectee is provided protection or security on a personal or recreational
trip outside the State of Alabama, the protectee shall reimburse the state for vehicle usage
at a rate equal to the mileage reimbursement for state employees. Protectees shall be provided
protection and security without cost or reimbursement for personal or recreational
trips within the state, and for trips held outside of Alabama which entail...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-33-2.htm - 5K - Match Info - Similar pages
32-7-2
The Director of Public Safety of the State of Alabama. (2) JUDGMENT. Any judgment which shall
have become final by expiration without appeal of the time within which an appeal might have
been perfected, or by final affirmation on appeal rendered by a court of competent jurisdiction
of any state or of the United States, upon a cause of action arising out of the ownership,
maintenance or use of any motor vehicle, for damages, including damages for care and loss
of services, because of bodily injury to or death of any person, or for damages because
of injury to or destruction of property, including the loss of use thereof, or upon
a cause of action on an agreement of settlement for those damages. (3) LICENSE. Any license,
temporary instruction permit, or temporary license issued under the laws of this state pertaining
to the licensing of persons to operate motor vehicles. (4) MOTOR VEHICLE. Every self-propelled
vehicle which is designed for use upon a highway, including trailers and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-2.htm - 3K - Match Info - Similar pages
27-29-3
Section 27-29-3 Acquisition of control of, or merger with, domestic insurers. (a)(1) No person
other than the issuer shall make a tender offer for or a request or invitation for tenders
of, or enter into any agreement to exchange securities for, seek to acquire, or acquire in
the open market any voting security of a domestic insurer if, after the consummation thereof,
such person would, directly or indirectly, or by conversion or by exercise of any right to
acquire, be in control of such insurer, and no person shall enter into an agreement to merge
with or otherwise to acquire control of a domestic insurer, or any person controlling a domestic
insurer unless, at the time any such offer, request, or invitation is made or any such agreement
is entered into, or prior to the acquisition of such securities if no offer or agreement is
involved such person has filed with the commissioner and has sent to such insurer a statement
containing the information required by this section and such...
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34-13-56
Section 34-13-56 Grounds for revocation, suspension, or refusal to issue or renew licenses,
etc.; hearing; fines. (a) The board may refuse to license any person or establishment for
violation of this chapter. If the board refuses to issue, grant, or renew a license based
on a violation of this chapter, including, but not limited to, violations listed in subsection
(c), the licensee or prospective licensee may request a public hearing before the board to
appeal the action of the board. The request for a public hearing shall be submitted to the
board in writing within 14 calendar days after the date of the refusal. Upon request, the
board shall provide the licensee or prospective licensee with 20 days' notice of the public
hearing by United States certified mail. The public hearing shall be conducted pursuant to
Section 34-13-26. (b) A public hearing conducted pursuant to Section 34-13-26 shall be provided
by the board to any licensee for whom the board is considering the probation,...
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