10A-2-16.21
Section 10A-2-16.21 Other reports to shareholders. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. If a
corporation indemnifies or advances expenses to a director under Section 10A-2-8.51,
10A-2-8.53, or 10A-2-8.54, or under Article 6 of Chapter 1, or under any other provision of
this title, in connection with a proceeding by or in the right of the corporation, the corporation
shall report the indemnification or advance in writing to the shareholders with or before
the notice of the next shareholders' meeting. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-16.21;
amended and renumbered by Act 2009-513, p. 967, §163.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-16.21.htm - 1K - 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-2A-8.58
Section 10A-2A-8.58 Variation by corporate action; application of division. (a) A corporation
may, by a provision in its certificate of incorporation, bylaws, or in a resolution adopted
or a contract approved by the board of directors or stockholders, obligate itself in advance
of the act or omission giving rise to a proceeding to provide indemnification in accordance
with Section 10A-2A-8.51 or advance funds to pay for or reimburse expenses in accordance
with Section 10A-2A-8.53. Any obligatory provision shall be deemed to satisfy the requirements
for authorization referred to in Section 10A-2A-8.53(c) and in Section 10A-2A-8.55(c).
Any provision that obligates the corporation to provide indemnification to the fullest extent
permitted by law shall be deemed to obligate the corporation to advance funds to pay for or
reimburse expenses in accordance with Section 10A-2A-8.53 to the fullest extent permitted
by law, unless the provision expressly provides otherwise. (b) A right of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-8.58.htm - 3K - Match Info - Similar pages

10A-2A-14.12
Section 10A-2A-14.12 Receivership or custodianship. (a) Unless an election to purchase
has been filed under Section 10A-2A-14.14, a court in a judicial proceeding brought
to dissolve a corporation may appoint one or more receivers to wind up and liquidate, or one
or more custodians to manage, the business and affairs of the corporation. The court shall
hold a hearing, after notifying all parties to the proceeding and any interested persons designated
by the court, before appointing a receiver or custodian. The court appointing a receiver or
custodian has jurisdiction over the corporation and all of its property wherever located.
(b) The court may appoint an individual, corporation, foreign corporation, or eligible entity
as a receiver or custodian, which, if a foreign corporation or foreign eligible entity, must
be registered to do business in this state. The court may require the receiver or custodian
to post bond, with or without sureties, in an amount the court directs. (c) The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-14.12.htm - 2K - Match Info - Similar pages

10A-2-13.30
Section 10A-2-13.30 Court 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 a demand for
payment under Section 10A-2-13.28 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 shares and accrued interest. If the corporation does not commence the
proceeding within the 60 day period, it shall pay each dissenter whose demand remains unsettled
the amount demanded. (b) The corporation shall commence the proceeding in the circuit court
of the county where the corporation's principal office, or, if none in this state, its registered
office, is located. If the corporation is a foreign corporation without a registered office
in this state, it shall commence the proceeding in the county in this state where the registered
office of the domestic corporation merged with or whose shares were...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.30.htm - 3K - Match Info - Similar pages

10A-2-13.31
Section 10A-2-13.31 Court costs and counsel fees. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
The court in an appraisal proceeding commenced under Section 10A-2-13.30 shall determine
all costs of the proceeding, including compensation and expenses of appraisers appointed by
the court. The court shall assess the costs against the corporation, except that the court
may assess costs against all or some of the dissenters, in amounts the court finds equitable,
to the extent the court finds the dissenters acted arbitrarily, vexatiously, or not in good
faith in demanding payment under Section 10A-2-13.28. (b) The court may also assess
the reasonable fees and expenses of counsel and experts for the respective parties, in amounts
the court finds equitable: (1) Against the corporation and in favor of any or all dissenters
if the court finds the corporation did not substantially comply with the requirements of...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.31.htm - 2K - Match Info - Similar pages

10A-1-6.12
Section 10A-1-6.12 Court-ordered indemnification. (a) On application of a governing
person, former governing person, or delegate and after notice is provided as required by the
court, a court may order an enterprise to indemnify the person to the extent the court determines
that the person is fairly and reasonably entitled to indemnification in view of all the relevant
circumstances. (b) This section applies without regard to whether the governing person,
former governing person, or delegate applying to the court satisfies the requirements of Section
10A-1-6.21 or has been found liable: (1) to the enterprise; or (2) because the person improperly
received a personal benefit, without regard to whether the benefit resulted from an action
taken in the person's official capacity. (c) The indemnification ordered by the court under
this section is limited to reasonable expenses if the governing person, former governing
person, or delegate is found liable: (1) to the enterprise; or (2) because...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-6.12.htm - 1K - Match Info - Similar pages

10A-2-8.58
Section 10A-2-8.58 Application of indemnification provisions. REPEALED IN THE 2019 REGULAR
SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(a) Any indemnification, or advance for expenses, authorized under this division shall not
be deemed exclusive of and shall be in addition to that which may be contained in a corporation's
articles of incorporation, bylaws, a resolution of its shareholders or board of directors,
or in a contract or otherwise. (b) This division does not limit a corporation's power to pay
or reimburse expenses incurred by a director in connection with the director's appearance
as a witness in a proceeding at a time when he or she has not been made a named defendant
or respondent to the proceeding. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-8.58; amended
and renumbered by Act 2009-513, p. 967, §124.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.58.htm - 1K - Match Info - Similar pages

26-17-636
Section 26-17-636 Order adjudicating parentage; limitation on liability for education
and support; cost, fees, and expenses. (a) The court shall issue an order adjudicating whether
a man alleged or claiming to be the father is the parent of the child. (b) An order adjudicating
parentage must identify the child by name and date of birth, if known. (c) Except as otherwise
provided in subsection (d), the court may assess filing fees, reasonable attorney's fees,
fees for genetic testing, other costs, and necessary travel and other reasonable expenses
incurred in a proceeding under this article, subject to the following rules: (1) Parties to
proceedings under this chapter should pay the fees and expenses of retained counsel, expert
witnesses, guardians ad litem, the costs of appropriate tests and other costs of the trial
as they may, themselves, incur. The court may order reasonable fees for attorneys, expert
witnesses, guardian ad litem fees, costs of appropriate tests and other costs of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/26-17-636.htm - 4K - Match Info - Similar pages

9-16-132
Section 9-16-132 Injunctions. (a) The director may request the Attorney General, who
is hereby authorized to initiate, in addition to any other remedies provided for in this article,
in any court of competent jurisdiction, an action in equity for an injunction to restrain
any interference with the exercise of the right to enter or to conduct any work provided in
this article. (b) In any action brought pursuant to this section, the court may in
its discretion award to the prevailing party the costs and expenses of litigation (including
reasonable attorney fees). (Acts 1981, No. 81-210, p. 254, §13.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-16-132.htm - 922 bytes - Match Info - Similar pages