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10A-4-3.02
Section 10A-4-3.02 Death or disqualification of shareholder. (a) Upon the death of a shareholder
of a domestic professional corporation, or if a shareholder of a domestic professional corporation
becomes a disqualified person, or if shares of a domestic professional corporation are transferred
by operation of law or court decree to a disqualified person, the shares of the deceased shareholder
or of the disqualified person may be transferred to a qualified person and, if not so transferred,
shall be purchased or redeemed by the domestic professional corporation to the extent of funds
which may be legally made available for the purchase. (b) If the price for the shares is not
fixed by the governing documents of the domestic professional corporation or by private agreement,
the domestic professional corporation, within six months after the death or 30 days after
the disqualification or transfer, as the case may be, shall make a written offer to pay for
the shares at a specified price...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-4-3.02.htm - 7K - Match Info - Similar pages
11-50-171
Section 11-50-171 Publication of notice of adoption of resolution authorizing transfer, certain
terms thereof, etc.; limitation period for action to restrain proposed transfer, etc. (a)
After the adoption of proceedings providing for the transfer and conveyance of any water system
or systems, the public corporation and municipality or municipalities proposing to make such
transfer and conveyance shall cause to be published once a week for two successive weeks in
a newspaper having general circulation within the limits of such municipality or municipalities
a notice in substantially the following form (the blanks being first properly filled in) with
the names of the public corporation and the municipality or municipalities appended thereto:
"A resolution has been adopted by the board of directors of the _____ (herein insert
the name of the public corporation proposing to make the transfer) and a resolution (or resolutions)
has (or have) been adopted by the governing body (or bodies) of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-171.htm - 4K - Match Info - Similar pages
11-54B-50
Section 11-54B-50 District management corporation limits, powers, and duties. (a) District
management corporations provided for in this article shall be incorporated under the Alabama
Nonprofit Corporation Act, Chapter 3 of Title 10A, and shall exercise their powers in a manner
consistent with that law. (b) To qualify for designation by ordinance to manage a self-help
business improvement district, the articles of incorporation of a proposed district management
corporation shall provide all of the following: (1) That a board of directors shall manage
the property, business, and affairs of the corporation. (2) The names and addresses of the
initial members of the board of directors. (3) That the initial members of the board shall
be divided into three groups which are as equal in number as is possible, that those groups
will serve for initial terms of one, two, and three years respectively, and that all directors
thereafter elected by the board of directors shall serve for a term of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54B-50.htm - 5K - Match Info - Similar pages
16-24C-6
Section 16-24C-6 Termination of employment - Grounds for termination; procedures; appeals.
(a) Tenured teachers and nonprobationary classified employees may be terminated at any time
because of a justifiable decrease in the number of positions or for incompetency, insubordination,
neglect of duty, immorality, failure to perform duties in a satisfactory manner, or other
good and just cause, subject to the rights and procedures hereinafter provided. However, a
vote or decision to approve a recommended termination on the part of a president of a two-year
educational institution operated under the authority and control of the Department of Postsecondary
Education or the governing board shall not be made for political or personal reasons. (b)
The termination of a tenured teacher or nonprobationary classified employee who is not an
employee of a two-year educational institution operated under the authority and control of
the Department of Postsecondary Education shall be initiated by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-24C-6.htm - 15K - Match Info - Similar pages
35-8A-403
Section 35-8A-403 Offering statement - General provisions. (a) Except as provided in subsection
(b), an offering statement must contain or fully and accurately disclose the following information
with regard to the condominium, including a proposed condominium: (1) The name and principal
address of the declarant; (2) The name and the address, legal description, or other description
of the location of the condominium, and the number and types of units in the condominium;
(3) A general description of the condominium, including to the extent possible, number and
types of buildings, structures, and amenities the declarant is obligated to build, and declarant's
schedule of commencement and completion of construction of buildings, structures, and amenities
the declarant is obligated to include in the condominium; (4) Copies of the declaration, as
well as any recorded plats, plans, easements, covenants, conditions, restrictions, and reservations
affecting the condominium; the certificate or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/35-8A-403.htm - 6K - Match Info - Similar pages
40-2A-6
Section 40-2A-6 Government contract for examination of taxpayer's records where compensation,
etc., contingent upon tax, interest, etc., assessed or collected; violation; costs of examination.
(a) The state or any county or municipal governing authority may not enter into any contract
or arrangement for the examination of a taxpayer's books and records, written or otherwise,
with a private auditing or collecting firm, if any part of the compensation or other benefits
paid or payable to the private auditing or collecting firm is contingent upon or in any manner
related to the amount of tax, license fee, interest, court cost, penalty, or any other item
assessed against or collected from the taxpayer. Any such contract or arrangement, if made
or entered into, is void and unenforceable. Any assessment or preliminary assessment of taxes,
license fees, penalties, court costs, interest, or other items proposed or asserted by, or
based upon the recommendation of, a private auditing or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-2A-6.htm - 5K - Match Info - Similar pages
45-37-22.03
Section 45-37-22.03 Lawful activities upon affirmative vote. If a majority of the voters voting
in any election held pursuant to this part vote ''Yes'', then, upon the proper certification
and declaration of the results of such election, it shall be legal, on each Sunday during
the two-hour period between 12:00 o'clock midnight of the preceding Saturday and 2:00 o'clock,
A.M., and for the remainder of Sunday after 12:00 o'clock noon, but not between the hours
of 2:00 o'clock, A.M. and 12:00 o'clock noon, in every part of Jefferson County, including
all municipalities or parts thereof located in such county, for properly licensed persons,
as provided in the Alcoholic Beverage Licensing Code, Chapter 3A, Title 28, or successor provisions
of law, to do all of the following: (1) To sell and dispense at retail alcoholic beverages
for onpremises consumption in a lounge or bar. (2) To sell and dispense at retail alcoholic
beverages for onpremises consumption in a restaurant, hotel, dinner...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-22.03.htm - 4K - Match Info - Similar pages
8-6-5
Section 8-6-5 Registration of securities - Registration by notification. (a) The following
securities may be registered by notification, whether or not they are also eligible for registration
by coordination under Section 8-6-6: (1) Any security whose issuer and any predecessors have
been in continuous operation for at least five years if: a. There has been no default during
the current fiscal year or within the three preceding fiscal years in the payment of principal,
interest, or dividends on any security of the issuer, or any predecessor, with a fixed maturity
or a fixed interest or dividend provision; and b. The issuer and any predecessors during the
past three fiscal years have had average net earnings determined in accordance with generally
accepted accounting practices which are applicable to all securities without a fixed maturity
or a fixed interest or dividend provision and which: 1. Equal at least five percent of the
amount of securities without a fixed maturity or a fixed...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-6-5.htm - 5K - Match Info - Similar pages
10A-21-2.04
Section 10A-21-2.04 Condemnation for rights-of-way or easements by mining, manufacturing, industrial,
power, and quarrying companies. (a) Every mining, manufacturing, industrial, power, and quarrying
corporation or company may acquire by condemnation rights-of-way or easements over or across
the lands or easements of others for ways and rights-of-way on or under which it may erect
or construct and operate railways, tramways, pipelines, transmission lines, cables, ways,
roads, and underground passages not exceeding 100 feet in width for the purpose of connecting
any part of its lands, works, plants, mines, lines, or system with any other part thereof,
with any public road, railroad, navigable water, with the mines, lands, works, plants, lines,
or system of any other such company, corporation, or owner or with any shipping, storage,
delivery, receiving, or distributing point and for the purpose of transporting or transmitting
any materials, equipment, or products used by or mined,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-21-2.04.htm - 4K - Match Info - Similar pages
11-43A-18
Section 11-43A-18 Appointment of city manager; temporary acting city manager; removal; dealings
with administrative service. The council, by a majority vote of the whole qualified membership
of the council, shall appoint a city manager, who shall be an officer of the city, and shall
have the powers to perform the duties in this article provided. No councilman shall receive
such appointment during the term for which the council member shall have been elected nor
within one year after expiration of the term. Any civil service act applicable to the municipality
shall not apply to the appointment or the removal of the city manager. A temporary acting
city manager may be designated by the council to serve for not more than four months in these
events, but only in these events: (1) When the first council takes office after adoption of
this article or (2) following the removal of any permanent city manager. Such temporary acting
city manager shall perform the duties and assume the obligations...
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