Alabama Code (Last Updated: November 28, 2014) |
Title10A ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE. |
Chapter1. GENERAL PROVISIONS. |
Article4. Filings. |
DivisionB. When Filings Take Effect. |
§10A-1-4.12. Delayed effectiveness of certain filings.
Latest version.
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(a) Except as otherwise provided by Section 10A-1-4.14, a filing instrument may take effect at a specified date and time after the time the instrument would otherwise take effect as provided by this title for the entity filing the instrument.
(b) If a filing instrument is to take effect on a specific date and time other than that provided by this title:
(1) the date may not be later than the 90th day after the date the instrument is signed; and
(2) the specific time at which the instrument is to take effect may not be specified as "12:00 a.m." or "12:00 p.m."