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40-17-322
considerations, or deductions, in U.S. gallons. (27) HIGHWAY. Includes, but is not limited
to, every highway, road, street, alley, lane, court, place, trail, drive, bridge, viaduct,
or trestle located within this state and laid out or erected by the public or dedicated or
abandoned to the public or intended for use by or for the public. The term shall also apply
to and include driveways upon the grounds of universities, colleges, schools, and institutions
but shall not be deemed to include private driveways, private roads, or private
places not intended for use by the public. (28) HIGHWAY VEHICLE. Any self-propelled vehicle
that is designed for use on a highway. (29) IMPORT. To bring motor fuel into this state for
sale, use, or storage by any means of conveyance other than in the fuel supply tank of a motor
vehicle. Motor fuel delivered into this state from out-of-state by or for the seller constitutes
an import by the seller. Motor fuel delivered into this state from out-of-state by...
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43-2-843
Section 43-2-843 Transactions authorized for personal representatives; exceptions. Except as
restricted or otherwise provided by the will or by an order of court and subject to the priorities
stated in Section 43-8-76, a personal representative, acting prudently for the benefit of
the interested persons, may properly: (1) Retain assets owned by the decedent pending distribution
or liquidation including those in which the representative is personally interested or which
are otherwise improper for trust investment. (2) Receive assets from fiduciaries, or other
sources. (3) Perform, compromise, or refuse performance of the decedent's contracts that continue
as obligations of the estate, as the personal representative may determine under the circumstances.
In performing enforceable contracts by the decedent to convey or lease land, the personal
representative, among other possible courses of action, may do either of the following: a.
Execute and deliver a deed of conveyance for cash...
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25-4-10
mean an individual who: (i) Furnishes individuals to perform service in agricultural labor
for any other persons; (ii) Pays (either on his or her own behalf or on behalf of such other
person) the individuals so furnished by him or her for the service in agricultural labor performed
by them; and (iii) Has not entered into a written agreement with the farm operator under which
such crew leader is designated as an employee of such farm operator. b. Domestic service after
December 31, 1977, in a private home, local college club, or local chapter of a college
fraternity or sorority performed for a person, their spouse, or estate who paid cash remuneration
of $1,000 or more in any calendar quarter in the current calendar year or the preceding calendar
year to individuals employed in such domestic service. For the purposes of this paragraph
b. the term "domestic service" includes all service for a person in the operation
and maintenance of a private household, local college club, or local...
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40-9B-3
tax, be used for educational purposes or for capital improvements for education and local construction
related transaction taxes levied for educational purposes or for capital improvements for
education. (6) HEADQUARTERS FACILITY. Any trade or business described in NACIS Code 551114,
at which not less than 50 new jobs are located. (7) HYDROPOWER PRODUCTION. The definition
given in Section 40-18-1. (8) INDUCEMENT. Refers to an agreement, or an "inducement agreement,"
entered into between a private user and a public authority or county or municipal government
and/or a resolution or other official action, an "inducement resolution," "inducement
letter," or "official action" adopted by a public authority or county or municipal
government, in each case expressing, among other things, the present intent of such public
authority or county or municipal government to issue bonds in connection with the private
use property therein described. Notwithstanding any provision in this chapter to...
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37-11A-1
such bonds and notes are made payable. (11) To exercise, with respect to property located in
Alabama in the manner provided by the laws of Alabama and with respect to property located
in Mississippi in the manner provided by the laws of Mississippi, the power of eminent domain
with respect to any property, real, personal, or mixed. The authority shall not acquire by
eminent domain any real property or rights owned or held by railroads, transportation companies,
or utilities, either public or private. (12) To appoint, employ, contract with, and
provide for compensation of officers, employees, and agents, including engineers, attorneys,
consultants, fiscal advisers, and such other employees as the business of the authority may
require, including the power to fix working conditions by general rule and other conditions
of employment; and at its option to provide a system of disability pay, retirement compensation,
and pensions, or any of them; and to hire and fire servants, agents,...
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11-50A-8
respect to the use thereof; or to sell, lease, or otherwise dispose of any of its property
in any manner it deems to the best advantage of the authority and the purposes thereof. The
powers to acquire, use, and dispose of property contained in this section shall include the
power to acquire, use, and dispose of any interest in any property, whether divided or undivided,
which may result in the ownership of any property or any part thereof in common with any other
party or parties, public or private. With respect to any property held jointly with
others, the parties may provide, by deed or contract, for the waiver of the right of partition
and sale for partition or division, which such waivers, if given, shall be binding on all
successors and assigns of the joint owners of such property. In any acquisition of real or
personal property by the authority in common with any other party, public or private,
either of the joint owners shall have an option to purchase the interest of any of...
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27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
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45-37-123.01
Section 45-37-123.01 Definitions. For the purposes of this part, the following terms shall
have the following meanings: (1) ACT. The act adding this part, to be called the General Retirement
System for Employees of Jefferson County Act. (2) ACTIVE MEMBER. An individual who currently
is employed by the county or other entities set forth in subdivision (20) and is making employee
contributions to the system. (3) ACTUARIAL EQUIVALENT. Effective July 30, 1984, or such other
dates as set forth in Exhibit A, which is maintained in the office of the pension board, a
form of benefit differing in time, period, or manner of payment from a specific benefit provided
under the plan but having the same value when computed using the mortality tables, the interest
rate, and any other assumptions last adopted by the pension board, which assumptions shall
clearly preclude any discretion in the determination of the amount of a member's benefit.
(4) ACTUARIAL GAIN. As defined in Section...
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8-6-77
Section 8-6-77 (Repealed effective January 1, 1997) Adverse claims. (a) A person asserting
a claim of beneficial interest adverse to the transfer of a security pursuant to an assignment
by a fiduciary may give the corporation or transfer agent written notice of the claim. The
corporation or transfer agent is not put on notice unless the written notice identifies the
claimant, the registered owner, and the issue of which the security is a part, provides an
address for communications directed to the claimant, and is received before the transfer.
Nothing in this article relieves the corporation or transfer agent of any liability for making
or refusing to make the transfer after it is so put on notice, unless it proceeds in the manner
authorized in subsection (b) of this section. (b) As soon as practicable after the presentation
of a security for transfer pursuant to an assignment by a fiduciary, a corporation or transfer
agent which has received notice of a claim of beneficial interest...
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19-1-2
Section 19-1-2 Definitions. In this chapter, unless the context or subject matter otherwise
requires, the following terms shall have the meanings respectively ascribed to them by this
section: (1) BANK. Any person or association of persons, whether incorporated or not, carrying
on the business of banking or trust company. (2) FIDUCIARY. A trustee under any trust, expressed,
implied, resulting or constructive, executor, administrator, guardian, conservator, curator,
receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer
of a corporation, public or private, public officer or any other person acting in a
fiduciary capacity for any person, trust or estate. (3) PERSON. Such term includes a corporation,
partnership, or other association, or two or more persons having a joint or common interest.
(4) PRINCIPAL. Any person to whom a fiduciary as such owes an obligation. (Acts 1943, No.
557, p. 544, ยง1.)...
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