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32-7A-2
Section 32-7A-2 Definitions. (a) For the purposes of this chapter, the following terms shall
have the following meanings respectively ascribed to them in this section, except in those
instances where the context clearly indicates a different meaning: (1) CERTIFICATE OF INSURANCE.
A document issued by an insurer or its authorized representative showing that a specific vehicle
is insured for no less than the minimum limits of liability coverage for bodily injury
or death and for destruction of property under subsection (c) of Section 32-7-6. (2) COMMERCIAL
AUTOMOBILE LIABILITY INSURANCE POLICY. An insurance policy that: a. Is written on either a
commercial coverage or other commercially rated personal policy form, including, but
not limited to, a commercial auto, garage, or truckers form, and is not dependent on the type,
number, or ownership of vehicle or entity covered or insured. b. Insures vehicles that are
not identified individually by vehicle identification number on the policy....
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41-1-60
from liability for the underlying obligation except to the extent that the state government
realizes final payment of the underlying obligation in cash or the equivalent. If final payment
is not made by the credit card issuer or other guarantor of payment in the credit card transaction,
then the underlying obligation shall survive and the state government shall retain all remedies
for enforcement which would have applied if the credit card transaction had not occurred.
No contract may modify the provisions of this subsection. This subsection shall not make the
underlying obligor liable for any discount or administrative fees paid to a credit card issuer
or other party by state government. (g) A state government officer or employee who accepts
a credit card payment in accordance with this section and any applicable policies, rules,
or regulations of state government shall not thereby incur any personal liability for
the final collection of such payments. (Act 2000-314, p. 483, ยง6.)...
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41-10-541
such obligations, and which meet the greater of 100% collateralization or the "AA"
collateral levels established by Standard & Poor's Rating Group for structured financings;
and h. Uncollateralized investment agreements with, or certificates of deposit issued by banks
or bank holding companies, the senior long-term securities of which are rated at least "AA"
by Standard & Poor's Rating Group and at least "Aa" by Moody's Investors Service.
(11) FINANCED PROPERTY. All property whether real, personal, or mixed, the costs of
which were or are to be paid or reimbursed in whole or in part with the proceeds of bonds
of the authority or the proceeds of authority-guaranteed obligations. (12) FINANCING AGREEMENT.
Any loan, lease, agreement, grant agreement, financing agreement, credit agreement, security
agreement, mortgage, indenture, guaranty agreement, or other type of agreement entered into
by the authority in connection with the incurring of authority obligations. (13) FUNDING AGREEMENT....
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40-2A-7
years from the date the return is filed with the department, whichever is later. This subparagraph
shall not apply to any corporation unless dissolution is completed within 18 months of the
date of the written notice. e. If a taxpayer has made the election provided in subsection
(d) or (e) of Section 40-18-8, a preliminary assessment based on the gain realized as a result
of the involuntary conversion [in the case of subsection (d) of Section 40-18-8] or a rollover
of gain on the sale of a personal residence [as provided in subsection (e) of Section
40-18-8] may be entered within three years from the date the taxpayer notified the department
of the replacement of the property in accordance with subsection (d) or (e) of Section 40-18-8,
as the case may be, or of his or her intention not to replace the property. f. If a taxpayer
has validly elected to have the provisions of subdivision (a) (7) of Section 40-18-6 and subsection
(l) of Section 40-18-8 apply to an acquisition of stock...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-2A-7.htm - 28K - Match Info - Similar pages
41-10-45.1
organized under Chapter 92A of Title 11, industrial development board organized under Article
4, Chapter 54 of Title 11, or nonprofit organization organized to foster economic development
and described in Section 501(c) of the Internal Revenue Code of 1986, as in effect from time
to time. (d) ELIGIBLE EXPENSES. Expenses relating to land acquisition, site preparation or
development, building improvements, building construction, building renovations, infrastructure,
and any other real or personal property deemed necessary or useful in connection therewith.
(e) ELIGIBLE PROJECT. A project located in a targeted county that, when completed, will provide
employment opportunities within one or more targeted counties. An eligible project shall be
the subject of a project agreement, abatement agreement, or similar agreement between the
company and the state or an eligible borrower. (f) FUND. The Accelerate Alabama Fund. (g)
MAXIMUM LOAN AMOUNT. For any project anticipated to create more...
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45-37A-51.226
Section 45-37A-51.226 Extraordinary disability allowance. (a) Extraordinary disability allowance
for participants joining the system prior to January 1, 1989. (1) In the event a participant
who joins the system prior to January 1, 1989, shall become totally disabled to perform his
or her customary duties by reason of personal injury received as a result of
an accident arising out of and in the course of his or her employment in the service and occurring
at a definite time and place, then in the event such total disability shall continue until
the participant ceases to draw salary as an employee of the city, such disabled participant
shall be entitled to a monthly allowance from the fund equal to 70 percent of his or her monthly
salary at the time of the accident which resulted in such total disability, subject to the
offset for any workers' compensation benefit or other such disability benefit payable by the
city as set forth hereafter. (2) Benefits payable hereunder shall commence...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.226.htm - 11K - Match Info - Similar pages
5-19-1
this chapter and the meaning and application of "finance charge" under the above-referenced
Federal Truth-in-Lending Act, regulations and Official Staff Commentary, as the same may be
amended from time to time. (2) CONSUMER.When used as an adjective with reference to a credit
transaction, characterizes the credit transaction as one in which the party to whom credit
is extended is a natural person and the money, property, or services which are the subject
of the transaction are primarily for personal, family or household purposes. (3) CREDITOR.
A person who regularly extends or arranges for the extension of credit for which the payment
of a finance charge is required, whether in connection with loans, sales of property or services,
or otherwise. The provisions of this chapter apply to any such creditor irrespective of the
creditor's status as a natural person or any type of organization. A person is a creditor
only if the person extended or arranged for the extension of credit more than...
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41-16A-5
contract, (ii) in the event the governmental entity shall fail to return the subject property
to the grantor party as described in clause (i), the grantor party shall have the right to
take possession of the subject property, (iii) in taking possession of the subject property,
a grantor party may proceed without judicial process if this can be done without breach of
the peace or may proceed by action, and/or (iv) without removal, the grantor party may render
subject property constituting personal property or fixtures unusable and may dispose
of the same on the governmental entity's premises. (b) If an alternative financing contract
contains the terms contained in subdivision (a)(11) hereof, such alternative financing contract
shall be deemed to obligate the governmental entity thereunder only for those sums payable
during the then current fiscal year of such governmental entity, including in the case of
a renewable alternative financing contract for those sums payable in the...
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27-15-53
insurer provides full recordkeeping services to the group policyholder and maintains in the
ordinary course of business at least the following information of those covered under a policy
or certificate: a. Complete insured information, including Social Security number and complete
name and date of birth. b. Beneficiary designation information. c. Coverage eligibility. d.
Benefit amount. e. Premium payment status. (b) To the extent permitted by law, the insurer
may disclose minimum necessary personal information about the insured or beneficiary
to a person who the insurer reasonably believes may be able to assist the insurer to locate
the beneficiary or a person otherwise entitled to payment of the claims proceeds. (c) An insurer
shall not charge insureds, account holders, or beneficiaries for any fees or costs associated
with a search or verification conducted pursuant to this section. (d) After the insurer has
completed the efforts required in subdivision (1) of subsection (a), any...
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27-31A-2
investment policies, and reinsurance agreements. g. Identification of each state in which the
risk retention group has obtained, or sought to obtain, a charter and license, and a description
of its status in each state. h. Other matters as may be prescribed by the Commissioner of
Insurance, or like official, in which the risk retention group is chartered for liability
insurance companies authorized by the insurance laws of that state. (9) PRODUCT LIABILITY.
Liability for damages because of any personal injury, death, emotional harm,
consequential economic damage, or property damage, including damages resulting from the loss
of use of property, arising out of the manufacture, design, importation, distribution, packaging,
labeling, lease, or sale of a product, but does not include the liability of any person for
those damages if the product involved was in the possession of the person when the incident
giving rise to the claim occurred. (10) PURCHASING GROUP. Any group which meets all...
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