Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/10A-4-3.05.htm |
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Depth: | 0 singles |
Size: | 801 bytes |
Modified: | 2011-01-18 09:51:58 |
Categories: | -None- |
Title: | 10A-4-3.05 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 10A-4-3.05 Voting trusts. A voting trust with respect to shares of a domestic professional corporation shall not be valid unless all the trustees and beneficiaries thereof are qualified persons, except that a voting trust may be validly continued for a period of 12 months after the death of a deceased beneficiary or after a beneficiary has become a disqualified person. (Acts 1983, No. 83-514, p. 763, §13; §10-4-392; amended and renumbered by Act 2009-513, p. 967, §205.) |