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33-18-1
Section 33-18-1 Alabama-Coosa-Tallapoosa River Basin Compact. The State of Alabama hereby agrees
to the following interstate compact known as the Alabama-Coosa-Tallapoosa River Basin Compact:
Alabama-Coosa-Tallapoosa River Basin Compact The States of Alabama and Georgia and the United
States of America hereby agree to the following compact which shall become effective upon
enactment of concurrent legislation by each respective state legislature and the Congress
of the United States. Short Title This act shall be known and may be cited as the "Alabama-Coosa-Tallapoosa
River Basin Compact" and shall be referred to hereafter in this document as the "ACT
Compact" or "compact." Article I Compact Purposes This compact among the States
of Alabama and Georgia and the United States of America has been entered into for the purposes
of promoting interstate comity, removing causes of present and future controversies, equitably
apportioning the surface waters of the ACT, engaging in water planning,...
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33-19-1
Section 33-19-1 Apalachicola-Chattahoochee-Flint River Basin Compact. The State of Alabama
hereby agrees to the following interstate compact known as the Apalachicola-Chattahoochee-Flint
River Basin Compact: Apalachicola-Chattahoochee-Flint River Basin Compact The States of Alabama,
Florida and Georgia and the United States of America hereby agree to the following compact
which shall become effective upon enactment of concurrent legislation by each respective state
legislature and the Congress of the United States. Short Title This Act shall be known and
may be cited as the "Apalachicola-Chattahoochee-Flint River Basin Compact" and shall
be referred to hereafter in this document as the "ACF Compact" or "compact."
Article I Compact Purposes This compact among the States of Alabama, Florida and Georgia and
the United States of America has been entered into for the purposes of promoting interstate
comity, removing causes of present and future controversies, equitably apportioning the...
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10A-2A-13.21
Section 10A-2A-13.21 Notice of intent to demand payment and consequences of voting or consenting.
(a) If a corporate action specified in Section 10A-2A-13.02(a) is submitted to a vote at a
stockholders' meeting, a stockholder who wishes to assert appraisal rights with respect to
any class or series of stock: (1) shall deliver to the corporation, before the vote is taken,
written notice of the stockholder's intent to demand payment if the proposed action is effectuated;
and (2) shall not vote, or cause or permit to be voted, any stock of the class or series in
favor of the proposed action. (b) If a corporate action specified in Section 10A-2A-13.02(a)
is to be approved by written consent, a stockholder who wishes to assert appraisal rights
with respect to any class or series of stock shall not sign a consent in favor of the proposed
action with respect to that class or series of stock. (c) If a corporate action specified
in Section 10A-2A-13.02(a) does not require stockholder approval...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-13.21.htm - 1K - Match Info - Similar pages
10A-2-13.23
Section 10A-2-13.23 Duty to demand payment. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A shareholder sent
a dissenters' notice described in Section 10A-2-13.22 must demand payment in accordance with
the terms of the dissenters' notice. (b) The shareholder who demands payment retains all other
rights of a shareholder until those rights are canceled or modified by the taking of the proposed
corporate action. (c) A shareholder who does not demand payment by the date set in the dissenters'
notice is not entitled to payment for his or her shares under this article. (d) A shareholder
who demands payment under subsection (a) may not thereafter withdraw that demand and accept
the terms offered under the proposed corporate action unless the corporation shall consent
thereto. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-13.23; amended and renumbered by Act
2009-513, p. 967, §141.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.23.htm - 1K - Match Info - Similar pages
10A-2A-13.26
Section 10A-2A-13.26 Procedure if stockholder dissatisfied with payment or offer. (a) A stockholder
paid pursuant to Section 10A-2A-13.24 who is dissatisfied with the amount of the payment shall
notify the corporation in writing of that stockholder's estimate of the fair value of the
stock and demand payment of that estimate (less any payment under Section 10A-2A-13.24) plus
interest. A stockholder offered payment under Section 10A-2A-13.25 who is dissatisfied with
that offer shall reject the offer and demand payment of the stockholder's stated estimate
of the fair value of the stock plus interest. (b) A stockholder who fails to notify the corporation
in writing of that stockholder's demand to be paid the stockholder's stated estimate of the
fair value plus interest under subsection (a) within 30 days after receiving the corporation's
payment or offer of payment under Section 10A-2A-13.24 or Section 10A-2A-13.25, respectively,
waives the right to demand payment under this section and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-13.26.htm - 1K - Match Info - Similar pages
10A-2-13.21
Section 10A-2-13.21 Notice of intent to demand payment. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
If proposed corporate action creating dissenters' rights under Section 10A-2-13.02 is submitted
to a vote at a shareholder's meeting, a shareholder who wishes to assert dissenters' rights
(1) must deliver to the corporation before the vote is taken written notice of his or her
intent to demand payment or his or her shares if the proposed action is effectuated; and (2)
must not vote his or her shares in favor of the proposed action. (b) A shareholder who does
not satisfy the requirements of subsection (a) is not entitled to payment for his or her shares
under this article. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-13.21; amended and renumbered
by Act 2009-513, p. 967, §141.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.21.htm - 1K - Match Info - Similar pages
10A-2-13.02
Section 10A-2-13.02 Right to dissent. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A shareholder is entitled
to dissent from, and obtain payment of the fair value of his or her shares in the event of,
any of the following corporate actions: (1) Consummation of a plan of merger to which the
corporation is a party (i) if shareholder approval is required for the merger by Section 10A-2-11.03
or the articles of incorporation and the shareholder is entitled to vote on the merger or
(ii) if the corporation is a subsidiary that is merged with its parent under Section 10A-2-11.04;
(2) Consummation of a plan of share exchange to which the corporation is a party as the corporation
whose shares will be acquired, if the shareholder is entitled to vote on the plan; (3) Consummation
of a sale or exchange by all, or substantially all, of the property of the corporation other
than in the usual and regular course of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.02.htm - 3K - Match Info - Similar pages
10A-2A-13.30
Section 10A-2A-13.30 Court action. (a) If a stockholder makes demand for payment under Section
10A-2A-13.26 which remains unsettled, the corporation shall commence a proceeding within 60
days after receiving the payment demand and petition the court to determine the fair value
of the stock and accrued interest. If the corporation does not commence the proceeding within
the 60-day period, it shall pay in cash to each stockholder the amount the stockholder demanded
pursuant to Section 10A-2A-13.26 plus interest. (b) The corporation shall commence the proceeding
in the designated court, and if none, the circuit court for the county in which the corporation's
principal office is located in this state, and if none in this state, in the circuit court
for the county in which the corporation's most recent registered office is located. (c) The
corporation shall make all stockholders (regardless of whether they are residents of this
state) whose demands remain unsettled parties to the proceeding...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-13.30.htm - 2K - Match Info - Similar pages
10A-2-13.22
Section 10A-2-13.22 Dissenters' notice. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) If proposed corporate
action creating dissenters' rights under Section 10A-2-13.02 is authorized at a shareholders'
meeting, the corporation shall deliver a written dissenters' notice to all shareholders who
satisfied the requirements of Section 10A-2-13.21. (b) The dissenters' notice must be sent
no later than 10 days after the corporate action was taken, and must: (1) State where the
payment demand must be sent; (2) Inform holders of shares to what extent transfer of the shares
will be restricted after the payment demand is received; (3) Supply a form for demanding payment;
(4) Set a date by which the corporation must receive the payment demand, which date may not
be fewer than 30 nor more than 60 days after the date the subsection (a) notice is delivered;
and (5) Be accompanied by a copy of this article. (Acts 1994,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.22.htm - 1K - Match Info - Similar pages
10A-2-13.26
Section 10A-2-13.26 Failure to take corporate action. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
If the corporation does not take the proposed action within 60 days after the date set for
demanding payment, the corporation shall release the transfer restrictions imposed on shares.
(b) If, after releasing transfer restrictions, the corporation takes the proposed action,
it must send a new dissenters' notice under Section 10A-2-13.22 and repeat the payment demand
procedure. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-13.26; amended and renumbered by Act
2009-513, p. 967, §141.)...
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