8-8-5
Section 8-8-5 Maximum rates of interest - Loans, credit sales, etc., of $2,000 or more to individuals,
corporations, trusts, partnerships, or associations. (a) Any person or persons, corporations,
trust, general partnership or partnerships, limited partnership or partnerships, or association
may agree to pay such rate or rates of interest for the loan or forbearance of money and for
any credit sales as such person, corporation, trust, general partnership, limited partnership,
or association may determine, notwithstanding any law of this state otherwise prescribing
or limiting such rate or rates of interest; provided, that the original principal balance
of the loan or forbearance of money or credit sales is not less than $2,000; provided further,
that all laws relating to unconscionability in consumer transactions including but not limited
to the provisions of Chapter 19 of Title 5, known as the Mini-Code, shall apply to transactions
covered by this section. (b) As to any such loan or...
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10A-2-13.28
Section 10A-2-13.28 Procedure if shareholder dissatisfied with offer to 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 REPEALED IN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 dissenter may notify the corporation in writing of his or her own estimate
of the fair value of his or her shares and amount of interest due, and demand payment of his
or her estimate, or reject the corporation's offer under Section 10A-2-13.25 and demand payment
of the fair value of his or her shares and interest due, if: (1) The dissenter believes that
the amount offered under Section 10A-2-13.25 is less than the fair value of his or her shares
or that the interest due is incorrectly calculated; (2) The corporation fails to make an offer
under Section 10A-2-13.25 within 60 days after the date set for demanding payment; or (3)
The corporation, having failed to take the proposed action, does not release the transfer
restrictions imposed on shares within 60 days after the date set...
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10A-2-8.55
Section 10A-2-8.55 Determination and authorization of indemnification. REPEALED IN THE 2019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 may not indemnify a director under Section 10A-2-8.51 unless
authorized in the specific case after a determination has been made that indemnification of
the director is permissible in the circumstances because the director has met the standard
of conduct set forth in Section 10A-2-8.51. (b) The determination shall be made: (1) By the
board of directors by majority vote of a quorum consisting of directors not at the time parties
to the proceeding; (2) If a quorum cannot be obtained under subdivision (1), by majority vote
of a committee duly designated by the board of directors, in which designation directors who
are parties may participate, consisting solely of two or more directors not at the time parties
to the proceeding; (3) By special legal counsel; (i) Selected by the...
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10A-2A-17.04
Section 10A-2A-17.04 Duties of directors. (a) Each member of the board of directors of a benefit
corporation, when discharging the duties of a director, shall act: (i) in a responsible and
sustainable manner, and (ii) in a manner that pursues the public benefit or benefits identified
in any public benefit provision. (b) In fulfilling the duties under subsection (a), a director
shall consider, to the extent affected, in addition to the interests of stockholders generally,
the separate interests of stakeholders known to be affected by the business of the corporation
including: (1) the employees and work forces of the corporation, its subsidiaries, and its
suppliers; (2) customers; (3) communities or society, including those of each community in
which offices or facilities of the corporation, its subsidiaries, or its suppliers are located;
and (4) the local and global environment. (c) A director of a benefit corporation shall not,
by virtue of the duties imposed by subsections (a) and...
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10A-2A-8.02
Section 10A-2A-8.02 Qualifications of directors. (a) The certificate of incorporation or bylaws
may prescribe qualifications for directors or for nominees for directors. Qualifications must
be reasonable as applied to the corporation and be lawful. (b) A requirement that is based
on a past, prospective, or current action, or expression of opinion, by a nominee for director
or a director that could limit the ability of a nominee for director or a director to discharge
his or her duties as a director is not a permissible qualification under this section. Notwithstanding
the foregoing, qualifications may include not being or having been subject to specified criminal,
civil, or regulatory sanctions or not having been removed as a director by judicial action
or for cause. (c) A director shall be a natural person of the age of at least 19 years but
need not be a resident of this state or a stockholder unless the certificate of incorporation
or bylaws so prescribe. (d) A qualification for...
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10A-30-2.09
Section 10A-30-2.09 Appointment of custodian for close corporation; applicable to corporations
formed as close corporations or electing close corporation status prior to January 1, 1995.
(a) The circuit court of the county in which the corporation has its registered office or
any court in such place having jurisdiction, upon application of any shareholder, may appoint
one or more persons to be custodians, and, if the corporation is insolvent, to be receivers,
of any close corporation when: (1) Pursuant to Section 10A-30-2.08, the business and affairs
of the corporation are managed by the shareholders and they are so divided that the business
of the corporation is suffering or is threatened with irreparable injury and any remedy with
respect to such deadlock provided in the governing documents or in any written agreement of
the shareholders has failed; or (2) The petitioning shareholder has the right to the dissolution
of the corporation under a provision of the certificate of formation...
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11-40-32
Section 11-40-32 Hearing; appeal. (a) Within the time specified in the notice, but not more
than 30 days from the date the notice is given, any person, firm, or corporation having an
interest in the building or structure may file a written request for a hearing before the
governing body of the municipality, together with his or her objections to the finding by
the municipal official that the building or structure is unsafe to the extent of becoming
a public nuisance. The filing of the request shall hold in abeyance any action on the finding
of the municipal official until determination thereon is made by the governing body. Upon
holding the hearing, which hearing shall be held not less than five nor more than 30 days
after the request, or in the event no hearing is timely requested, the governing body, after
the expiration of 30 days from the date the notice is given, shall determine whether or not
the building or structure is unsafe to the extent that it is a public nuisance. If it is...

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45-20-172.53
Section 45-20-172.53 Hearing procedure; order; appeal. (a) Within the time specified in the
notice, but not more than 30 days from the date the notice is given, any person, firm, or
corporation having an interest in the building or structure may file a written request for
a hearing before the governing body of the city, together with the objections to the finding
by the city governing body that the building or structure is unsafe to the extent of becoming
a public nuisance. The filing of the request shall hold in abeyance any action on the finding
of the city governing body until a determination thereon is made by the city governing body.
The hearing shall be held not less than five nor more than 30 days after the request. In the
event that no hearing is timely requested, the governing body shall order the building or
structure to be demolished. The demolition may be accomplished, at the option of the city,
by the use of its own forces or it may provide by contract for the demolition....
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45-37A-251.52
Section 45-37A-251.52 Hearing procedure; order; appeal. (a) Within the time specified in the
notice, but not more than 30 days from the date the notice is given, any person, firm, or
corporation having an interest in the building or structure may file a written request for
a hearing before the governing body of the city, together with the objections to the finding
by the city governing body that the building or structure is unsafe to the extent of becoming
a public nuisance. The filing of the request shall hold in abeyance any action on the finding
of the city governing body until a determination thereon is made by the city governing body.
The hearing shall be held not less than five nor more than 30 days after the request. In the
event that no hearing is timely requested, the governing body shall order the building or
structure to be demolished. The demolition may be accomplished, at the option of the city,
by the use of its own forces or it may provide by contract for the demolition....
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10A-2-8.02
Section 10A-2-8.02 Qualifications of directors. REPEALED IN THE 2019 REGULAR SESSION BY ACT
2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. The articles
of incorporation or bylaws may prescribe qualifications for directors. A director shall be
a natural person of the age of at least nineteen (19) years but need not be a resident of
this state or a shareholder of the corporation unless the articles of incorporation or bylaws
so prescribe. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-8.02; amended and renumbered by
Act 2009-513, p. 967, §116.)...
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