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10A-2A-16.05
Section 10A-2A-16.05 Inspection rights of directors. (a) A director of a corporation
is entitled to inspect and copy the books, records, and documents of the corporation at any
reasonable time to the extent reasonably related to the performance of the director's duties
as a director, including duties as a member of a board committee, but not for any other purpose
or in any manner that would violate any duty to the corporation. (b) 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, the circuit court for the county in which
the corporation's most recent registered office is located may order inspection and copying
of the books, records, and documents at the corporation's expense, upon application of a director
who has been refused inspection rights, unless the corporation establishes that the director
is not entitled to inspection rights. The court shall dispose of an...
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10A-2A-16.04
Section 10A-2A-16.04 Court-ordered inspection. (a) If a corporation does not allow a
stockholder who complies with Section 10A-2A-16.02(a) to inspect and copy any records
required by that section to be available for inspection, 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, the circuit court for the county in which the corporation's
most recent registered office is located may summarily order inspection and copying of the
records demanded at the corporation's expense upon application of the stockholder. (b) If
a corporation does not within a reasonable time allow a stockholder who complies with Section
10A-2A-16.02(b) to inspect and copy the records required by that section, the stockholder
who complies with Section 10A-2A-16.02(c) may apply to the designated court, and if
none, the circuit court for the county in which the corporation's principal office is located
in...
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10A-2-7.30
Section 10A-2-7.30 Voting trust. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) One or more shareholders
may create a voting trust, conferring on a trustee the right to vote or otherwise act for
them, by signing an agreement setting out the provisions of the trust, which may include anything
consistent with its purpose, and transferring their shares to the trustee. When a voting trust
agreement is signed, the trustee shall prepare a list of the names and addresses of all owners
of beneficial interests in the trust, together with the number and class of shares each transferred
to the trust, and deliver copies of the list and agreement to the corporation's principal
office. (b) A voting trust becomes effective on the date the first shares subject to the trust
are registered in the trustee's name. A voting trust is valid for not more than 10 years after
its effective date unless extended under subsection (c)....
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10A-2-7.02
Section 10A-2-7.02 Special meeting. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A corporation shall
hold a special meeting of shareholders: (1) On call of its board of directors or the person
or persons authorized to do so by the articles of incorporation or bylaws; or (2) If the holders
of at least 10 percent of all the votes entitled to be cast on any issue proposed to be considered
at the proposed special meeting sign, date, and deliver to the corporation's president or
secretary one or more written demands for the meeting describing the purpose or purposes for
which it is to be held, who shall, within 21 days of the receipt of demand, cause notice to
be given of the meeting to be held within the minimum time following the notice prescribed
by Section 10A-2-7.05(a); or (3) On call of the holders of at least 10 percent of the
votes entitled to be cast at the proposed special meeting who signed a demand...
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25-12-15
Section 25-12-15 Inspection report; maintenance of records; inspection certificate.
(a) Each company employing special inspectors, within 30 days following each certificate inspection
made by the inspectors, shall file a report of the inspection with the chief inspector upon
appropriate forms as promulgated by the secretary. The filing of reports of external inspections,
other than certificate inspections, shall not be required except when the inspections disclose
that the boiler or pressure vessel is in a dangerous condition. (b) Each company operating
pressure vessels covered by an owner or user inspection service meeting the requirements of
subsection (a) of Section 25-12-10 shall maintain in its files an inspection record
which shall list, by number and any abbreviated description necessary for identification,
each pressure vessel covered by this chapter, the date of the last inspection of each pressure
vessel, and the approximate date for the next inspection. The inspection record...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-12-15.htm - 4K - Match Info - Similar pages
10A-2-16.01
Section 10A-2-16.01 Corporate records. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A corporation shall
keep as permanent records minutes of all meetings of its shareholders and board of directors,
a record of all actions taken by the shareholders or board of directors without a meeting,
and a record of all actions taken by a committee of the board of directors in place of the
board of directors on behalf of the corporation. (b) A corporation shall maintain appropriate
accounting records. (c) A corporation or its agent shall maintain a record of its shareholders,
in a form that permits preparation of a list of the names and addresses of all shareholders,
in alphabetical order by class or shares showing the number and class of shares held by each.
(d) A corporation shall maintain its records in written form or in another form capable of
conversion into written form within a reasonable time. (e) Each...
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40-18-379
Section 40-18-379 Joint Legislative Advisory Committee on Economic Incentives. (a) There
is hereby created a permanent Joint Legislative Advisory Committee on Economic Incentives,
hereinafter referred to as the committee. (b) The committee shall be comprised of all of the
following persons: (1) The chairs of the House Ways and Means General Fund and Education Fund
committees. (2) The chairs of the Senate Finance and Taxation General Fund and Education Fund
committees. (3) The Speaker of the House, or his or her designee, and two members of the House
of Representatives to be appointed by the Speaker of the House. (4) The President Pro Tempore
of the Senate, or his or her designee, the chair of the Senate Committee on Fiscal Responsibility
and Economic Development or its successor committee, if any. (5) One member of the Senate
to be appointed by the President Pro Tempore of the Senate. (c) The committee shall hold an
organizational meeting by August 1, 2015, and shall therein elect a...
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10A-30-2.10
Section 10A-30-2.10 Appointment of a provisional director in certain cases; applicable
to corporations formed as close corporations or electing close corporation status prior to
January, 1 1995. (a) Notwithstanding any contrary provision of the governing documents or
agreement of the shareholders, the circuit court of the county in which the registered office
of the corporation is located may appoint a provisional director for a close corporation if
the directors are so divided respecting the management of the corporation's business and affairs
that the votes required for action by the board of directors cannot be obtained with the consequence
that the business and affairs of the corporation can no longer be conducted to the advantage
of the shareholders generally. (b) An application for relief under this section must
be filed (1) by at least one-half of the number of directors then in office, or (2) by the
holders of at least one-third of all shares then entitled to elect directors,...
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16-13-140
Section 16-13-140 Established for county and city school systems; form of annual budget
required; public hearings required. (a) There shall be a budget system for the public schools
of each county and city for the purpose of promoting economy and efficiency in the finances
of the public schools. (b) The State Department of Education shall prepare proposed annual
budget forms for each local board of education and shall make the forms available to each
local superintendent of education by August 1 of the first year of each legislative quadrennium
and by July 1 of each subsequent year of each legislative quadrennium for use with public
hearings. The forms shall be clear, uniform, and concise in order to promote understanding
by the general public of the budget process. (c) Each local board of education shall hold
at least two open public hearings pertaining to its proposed annual budget. Copies of the
proposed budget shall be provided to the public at each hearing on forms provided by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-13-140.htm - 4K - Match Info - Similar pages
45-17-242.05
Section 45-17-242.05 Payment of tax; records; inspections; seizure and sale of contraband;
appraisal; return of confiscated property; re-use of stamps or refill of packages. (a) After
the tax herein authorized has been levied in accordance with the provisions of this part,
no person, firm, or corporation shall sell, store, or distribute tobacco or tobacco products,
which are subject to such tax, without complying with the provisions of this part and the
rules and regulations promulgated and adopted by the county governing body pursuant thereto,
and paying any and all tax which such person, firm, or corporation may be liable under this
part. Every person, firm, or corporation selling, storing, or distributing in Colbert County
any tobacco or tobacco products shall keep such books, documents, papers, and other such records
as will enable the county governing body, or an authorized employee thereof, to determine
the amount of the tax due the county under this part, and such records shall...
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