The following terms shall have the following respective meanings for the purposes of this chapter:

(1) OFFICER. Any officer, director, trustee, partner, manager, member, and governing person and other member of the governing authority of a qualified entity who does not receive compensation for serving in such capacity. A per diem amount of not more than three hundred dollars ($300) per day and actual, reasonable, and necessary expenses shall not constitute compensation for the purposes of this article. Provided, however, that the immunity granted herein shall not extend to officers, directors, trustees, partners, managers, or members of any board, authority, or commission dealing with pari-mutuel betting, gambling, or games of chance.
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Terms Used In Alabama Code 10A-20-16.02

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: means next after. See Alabama Code 1-1-1
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
  • Quorum: The number of legislators that must be present to do business.
  • Trustee: A person or institution holding and administering property in trust.
(2) QUALIFIED ENTITY.

a. Any nonprofit corporation, association, or organization which is exempt from federal income taxation under Section 501(c) of the Internal Revenue Code of 1986, as amended;
b. Any nonprofit corporation, association, or organization which is organized pursuant to Section 10A-4-1.01, et seq.;
c. Any organization organized under Sections 22-51-1, 22-51-2, 22-51-3, 22-51-4, 22-51-5, 22-51-6, 22-51-7, 22-51-8, quorum; constitution and bylaws” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”AL” title=”22″>22-51-9, 22-51-10, 22-51-11, 22-51-12, 22-51-13, and 22-51-14;
d. Any self-insured fund established pursuant to Section 11-26-1, appropriation and collection of funds” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”AL” title=”11″>11-26-2, 11-30-2, or liabilities for qualification as self-insurers” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”AL” title=”25″>25-5-9, provided, however, this chapter shall not apply to any self-insured employer operating under Section 25-5-8; and
e. Any board, authority, or commission the members of which are appointed by the governing body or bodies of any county or municipality, or by the Governor or other constitutional officer or member of the Legislature pursuant to legislative or constitutional authorization, or the members of which are constitutionally or legislatively delegated.
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