Alabama Code (Last Updated: November 28, 2014) |
Title10A ALABAMA BUSINESS AND NONPROFIT ENTITIES CODE. |
Chapter3. NONPROFIT CORPORATIONS. |
Article 1. General Provisions. |
§ 10A-3-1.01. Short title. |
§ 10A-3-1.02. Definitions. |
§ 10A-3-1.03. Applicability. |
§ 10A-3-1.04. Purposes. |
Article 2. Substantive Provisions. |
Division A. Members and Directors. |
§ 10A-3-2.01. Members. |
§ 10A-3-2.02. Meetings of members, generally. |
§ 10A-3-2.03. Notice of members' meetings. |
§ 10A-3-2.04. Waiver of notice. |
§ 10A-3-2.05. Voting of members. |
§ 10A-3-2.06. Quorum of members. |
§ 10A-3-2.07. Greater voting requirements. |
§ 10A-3-2.08. Governing authority; board of directors. |
§ 10A-3-2.09. Number and election of directors; terms; removal from office. |
§ 10A-3-2.10. Board of directors; vacancies. |
§ 10A-3-2.11. Quorum of directors. |
§ 10A-3-2.12. Board of directors; committees. |
§ 10A-3-2.13. Place and notice of directors' meetings; committee meetings. |
§ 10A-3-2.14. Action by members or directors without meeting. |
Division B. Officers. |
§ 10A-3-2.21. Officers. |
§ 10A-3-2.22. Removal of officers. |
Division C. Bylaws; Books and Records. |
§ 10A-3-2.31. Bylaws. |
§ 10A-3-2.32. Books and records. |
Division D. Entity Specific Powers; Limitations. |
§ 10A-3-2.41. Shares of stock and dividends prohibited; compensation and benefits permitted. |
§ 10A-3-2.42. Loans to directors and officers prohibited. |
§ 10A-3-2.43. Power to indemnify directors or officers. |
§ 10A-3-2.44. Assertion of lack of capacity or power; defense of ultra vires |
Article 3. Formation of Nonprofit Corporations. |
§ 10A-3-3.01. Generally; incorporators. |
§ 10A-3-3.02. Supplemental provisions required in the certificate of formation |
§ 10A-3-3.03. Commencement of corporate existence. |
§ 10A-3-3.04. Organizational meeting of directors - First meeting of members. |
Article 4. Amendments. |
§ 10A-3-4.01. Procedure to amend certificate of formation of a nonprofit corporation. |
§ 10A-3-4.02. Certificate of amendment; execution and required supplemental provisions. |
§ 10A-3-4.03. Effect of amendment on existing causes of actions and suits. |
§ 10A-3-4.04. Restated certificate of formation. |
Article 5. Merger and Consolidation. |
§ 10A-3-5.01. Procedure for merger. |
§ 10A-3-5.02. Procedure for consolidation. |
§ 10A-3-5.03. Approval of merger or consolidation. |
§ 10A-3-5.04. Articles of merger or consolidation. |
§ 10A-3-5.05. Effect of merger or consolidation. |
§ 10A-3-5.06. Merger or consolidation of domestic and foreign nonprofit corporations. |
§ 10A-3-5.07. Nonexclusive. |
Article 6. Sale of Assets. |
§ 10A-3-6.01. Sale, lease, exchange, or mortgage of assets. |
Article 7. Dissolution. |
§ 10A-3-7.01. Voluntary dissolution - Procedure. |
§ 10A-3-7.02. Voluntary dissolution - Distribution of assets generally. |
§ 10A-3-7.03. Voluntary dissolution - Plan of distribution of assets. |
§ 10A-3-7.04. Voluntary dissolution - Revocation of voluntary dissolution proceedings. |
§ 10A-3-7.05. Voluntary dissolution - Articles of dissolution. |
§ 10A-3-7.06. Voluntary dissolution - Filing of articles of dissolution. |
§ 10A-3-7.07. Involuntary dissolution - Grounds. |
§ 10A-3-7.08. Involuntary dissolution - Procedure; notification to Attorney General. |
§ 10A-3-7.09. Involuntary dissolution - Venue and service of process. |
§ 10A-3-7.10. Liquidation - Jurisdiction of court to liquidate assets and affairs of corporation. |
§ 10A-3-7.11. Procedure in liquidation of corporation by court. |
§ 10A-3-7.12. Liquidation - Qualification of receivers. |
§ 10A-3-7.13. Liquidation - Filing of claims in liquidation proceedings. |
§ 10A-3-7.14. Liquidation - Discontinuance of liquidation proceedings. |
§ 10A-3-7.15. Liquidation - Entry of order of involuntary dissolution. |
§ 10A-3-7.16. Filing of order of dissolution. |
§ 10A-3-7.17. Deposits with State Treasurer. |
§ 10A-3-7.18. Survival of remedy after dissolution. |
Article 8. Miscellaneous Provisions. |
§ 10A-3-8.01. Unauthorized assumption of corporate powers. |
§ 10A-3-8.02. Effect of repeal of prior acts. |