10A-2-11.02
Section 10A-2-11.02 Share exchange. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Subject to the limitations of the Constitution of Alabama of 1901, as it may be amended from time to time, a corporation may acquire all of the outstanding shares of one or more classes or series of another corporation if the board of directors of each corporation adopts and, if required by Section 10A-2-11.03, the shareholders of each corporation approve the exchange. (b) The plan of exchange shall set forth all of the following: (1) The name of the corporation whose shares will be acquired and the name of the acquiring corporation. (2) The terms and conditions of the exchange. (3) The manner and basis of exchanging the shares to be acquired for shares, obligations, or other securities of the acquiring or any other corporation or for cash or other property in whole or part. (c) The plan of exchange may set forth other...
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10A-2-11.03
Section 10A-2-11.03 Action on plan. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) After adopting a plan of merger or share exchange, the board of directors of each corporation party to the merger, and the board of directors of the corporation whose shares will be acquired in the share exchange, shall submit the plan of merger, except as provided in subsection (g), or share exchange for approval by its shareholders. (b) For a plan of merger or share exchange to be approved: (1) The board of directors must recommend the plan of merger or share exchange to the shareholders, unless the board of directors determines that because of conflict of interest or other special circumstances it should make no recommendation and communicates the basis for its determination to the shareholders with the plan; and (2) The shareholders entitled to vote must approve the plan. (c) Subject to the corporation's articles of...
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10-3B-16
Section 10-3B-16 Other acts not repealed. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-527, p. 1064, §16.)...
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10-10-1
Section 10-10-1 Definitions. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1961, No. 865, p. 1349, §1.)...
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10-10-6
Section 10-10-6 Purposes. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1961, No. 865, p. 1349, §4.)...
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10-11-2
Section 10-11-2 Definitions. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1987, No. 87-706, p. 1242, §2.)...
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10-11-4
Section 10-11-4 Application. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1987, No. 87-706, p. 1242, §4.)...
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10-11-5
Section 10-11-5 Construction. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1987, No. 87-706, p. 1242, §5.)...
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10-12-1
Section 10-12-1 Short title. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §1.)...
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10-12-12
Section 10-12-12 Filing. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §12; Act 97-920, 1st Ex. Sess., p. 312, §1.)...
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