Alabama Code (Last Updated: November 28, 2014) |
Title10 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS. |
Chapter2B. BUSINESS CORPORATIONS. |
Article8. Directors and Officers. |
Division A. Board of Directors. |
§ 10-2B-8.01. Requirement for and duties of board of directors. |
§ 10-2B-8.02. Qualifications of directors. |
§ 10-2B-8.03. Number and election of directors. |
§ 10-2B-8.04. Election of directors by certain classes of shareholders. |
§ 10-2B-8.05. Terms of directors generally. |
§ 10-2B-8.06. Staggered terms for directors. |
§ 10-2B-8.07. Resignation of directors. |
§ 10-2B-8.08. Removal of directors by shareholders. |
§ 10-2B-8.09. Removal of directors by judicial proceeding. |
§ 10-2B-8.10. Vacancy on board. |
§ 10-2B-8.11. Compensation of directors. |
Division B. Meetings and Actions of the Board. |
§ 10-2B-8.20. Meetings. |
§ 10-2B-8.21. Action without meeting. |
§ 10-2B-8.22. Notice of meeting. |
§ 10-2B-8.23. Waiver of notice. |
§ 10-2B-8.24. Quorum and voting. |
§ 10-2B-8.25. Committees. |
Division C. Standards of Conduct. |
§ 10-2B-8.30. General standards for directors. |
§ 10-2B-8.31. Fiduciary obligations not impaired. |
§ 10-2B-8.32. Depreciating stocks or bonds of corporation with intent to buy. |
§ 10-2B-8.33. Liability for unlawful distributions. |
Division D. Officers. |
§ 10-2B-8.40. Required officers. |
§ 10-2B-8.41. Duties of officers. |
§ 10-2B-8.42. Standards of conduct for officers. |
§ 10-2B-8.43. Resignation and removal of officers. |
§ 10-2B-8.44. Contract rights of officers. |
Division E. Indemnification. |
§ 10-2B-8.50. Definitions. |
§ 10-2B-8.51. Authority to indemnify. |
§ 10-2B-8.52. Mandatory indemnification. |
§ 10-2B-8.53. Advance for expenses. |
§ 10-2B-8.54. Court-ordered indemnification. |
§ 10-2B-8.55. Determination and authorization of indemnification. |
§ 10-2B-8.56. Indemnification of officers, employees, and agents. |
§ 10-2B-8.57. Insurance. |
§ 10-2B-8.58. Application of indemnification provisions. |
Division F. Directors' Conflicting Interest Transactions. |
§ 10-2B-8.60. Definitions. |
§ 10-2B-8.61. Judicial action. |
§ 10-2B-8.62. Directors' action. |
§ 10-2B-8.63. Shareholders' action. |