|
10A-2-14.05
Section 10A-2-14.05 Effect of dissolution. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A dissolved corporation
continues its corporate existence but may not carry on any business except that appropriate
to wind up and liquidate its business and affairs, including: (1) Collecting its assets; (2)
Disposing of its properties that will not be distributed in kind to its shareholders; (3)
Discharging or making provision for discharging its liabilities; (4) Distributing its remaining
property among its shareholders according to their interests; and (5) Doing every other act
necessary to wind up and liquidate its business and affairs. (b) Dissolution of a corporation
does not: (1) Alter the limited liability status of its subscribers and shareholders under
Section 10A-2-6.22, except as provided in Section 10A-1-9.22(d)(2) with respect to assets
distributed to a shareholder in liquidation; (2) Transfer title to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-14.05.htm - 2K - Match Info - Similar pages
10A-2A-7.32
Section 10A-2A-7.32 Stockholder agreements. (a) An agreement among the stockholders of a corporation
that complies with this section is effective among the stockholders and the corporation even
though it is inconsistent with one or more other provisions of this chapter in that it: (1)
eliminates the board of directors or restricts the discretion or powers of the board of directors;
(2) governs the authorization or making of distributions, regardless of whether they are in
proportion to ownership of stock, subject to the limitations in Section 10A-2A-6.40; (3) establishes
who shall be directors or officers of the corporation, or their terms of office or manner
of selection or removal; (4) governs, in general or in regard to specific matters, the exercise
or division of voting power by or between the stockholders and directors or by or among any
of them, including use of weighted voting rights or director proxies; (5) establishes the
terms and conditions of any agreement for the transfer...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.32.htm - 5K - Match Info - Similar pages
16-48-2
Section 16-48-2 Corporate powers. Such corporation shall have all the rights, privileges and
franchises necessary to a promotion of the end of its creation and shall be charged with all
corresponding duties, liabilities and responsibilities. Such corporation may hold and may
lease, sell or in any other manner not inconsistent with the object or terms of the grant
or grants under which it holds, dispose of any property, real or personal, or any estate or
interest therein, remaining of the original or any subsequent grant by Congress, or by this
state, or by any person, or accruing to the corporation from any source, as to it may seem
best for the purposes of its institution; and any and all sales of property, real or personal,
heretofore made pursuant to and by authority of action of the board of trustees of said institute
and written instruments of conveyance of title thereto purporting to have been made pursuant
to such action are hereby ratified and confirmed as acts of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-48-2.htm - 1K - Match Info - Similar pages
22-21-174
Section 22-21-174 Incorporation - Certificate of incorporation - Amendment. The certificate
of incorporation of any public corporation incorporated under this article may, at any time
and from time to time, be amended in the following manner: (1) The board of directors of the
corporation shall adopt a resolution setting forth the proposed amendment, which may include
any proposed change in the name of such corporation, the inclusion of another municipality
or municipalities as members thereof (provided each of such other municipalities is located,
in whole or in part, in the county which is a member of the corporation) and any matter which
might originally have been included in the certificate of incorporation. (2) If the governing
body of the county and of each other member of the corporation and the governing body of each
municipality, if any, which it is proposed shall be added as a member of the corporation shall
by resolution consent to such proposed amendment, the chairman and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-174.htm - 1K - Match Info - Similar pages
22-21-54
Section 22-21-54 Validation of noncomplying associations. In all cases where the county commission
of a county has, or the governing bodies of a county and of a city have, adopted a resolution
or resolutions authorizing the incorporation, under this article as originally enacted or
as subsequently amended, of a public hospital association for public hospital purposes and
there has been an attempt to organize such public hospital association by the directors appointed
by the county commission of the county or the governing bodies of the county and city, presenting
to the Secretary of State an application signed by them, which shall set forth that notice
has been given and a public hearing has been held and that they have been appointed by the
local governing body or bodies as members of the board of directors of the hospital association,
and that they desire the hospital association to become a public body and body corporate,
and the name which is proposed for the corporation and the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-54.htm - 2K - Match Info - Similar pages
24-1-27
Section 24-1-27 Powers and duties of authority. (a) An authority shall constitute a public
body and a body corporate and politic exercising public powers, and having all the powers
necessary or convenient to carry out and effectuate the purposes and provisions of this article,
including the following powers in addition to others granted in this article: (1) To investigate
into living, dwelling and housing conditions and into the means and methods of improving such
conditions. (2) To determine where unsafe or unsanitary dwelling, public school or housing
conditions exist. (3) To study and make recommendations concerning the plan of any city located
within its boundaries in relation to the problem of clearing, replanning, and reconstruction
of areas in which unsafe or unsanitary dwelling, public school, or housing conditions exist,
and the provision of dwelling accommodations for persons of low income, and to cooperate with
any city or regional planning agency. (4) To prepare, carry out,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-27.htm - 9K - Match Info - Similar pages
34-24-56
Section 34-24-56 Report of malpractice judgments and settlements - Filing; contents; sanction
for failure to make report. (a) Every physician or surgeon who holds a license, certificate,
or other similar authority issued under the provisions of this article and every professional
corporation or professional association of a physician or surgeon shall, during the first
30 days of each calendar year, report to the State Board of Medical Examiners any final judgment
rendered against such physician, surgeon, or the professional corporation or professional
association of any such physician or surgeon during the preceding year, or any settlement
in or out of court during the preceding year, resulting from a claim or action for damages
for personal injuries caused by an error, omission, or negligence in the performance of medical
professional services, or in the performance of medical professional services without consent.
(b) The report rendered under this section shall include the name of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-24-56.htm - 2K - Match Info - Similar pages
40-2A-2
Section 40-2A-2 Legislative intent; scope; exclusiveness. (1) LEGISLATIVE INTENT. a. The legislative
intent of this chapter is to provide equitable and uniform procedures for the operation of
the department and for all taxpayers when dealing with the department. This chapter is intended
as a minimum procedural code and the department may grant or adopt additional procedures not
inconsistent with this chapter. This chapter shall be liberally construed to allow substantial
justice. b. The provisions of this chapter shall be complementary and in addition to all other
provisions of law. In the event of any conflict between the provisions of this chapter and
those of any other specific statutory provisions contained in other chapters of this title,
or of any other title, it is hereby declared to be the legislative intent that, to the extent
such other specific provisions are inconsistent with or different from the provisions of this
chapter, the provisions of this chapter shall prevail. (2)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-2A-2.htm - 2K - Match Info - Similar pages
45-20-150.12
Section 45-20-150.12 Revocation of bingo permit - Eligibility; effect of conviction. (a) A
permit holder whose permit or special permit is revoked for a violation of this article, or
a rule promulgated under this article, is ineligible to conduct a bingo session or apply for
a permit for a period of one year after the revocation. (b) A person convicted of an offense
under Section 45-20-150.14, or any other gambling offense, is ineligible to serve as an officer
or a permit holder, or to participate in conducting bingo for a period of one year after the
conviction becomes final. If the person has a permit pursuant to this article, the person
shall forfeit the permit and is ineligible to apply for the issuance or reissuance of the
permit for a period of one year from the date of conviction. (c) The permit holder shall return
its permit to the sheriff on or before the effective date of a revocation or forfeiture. Whether
returned or not, the permit shall not be valid beyond the effective...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-20-150.12.htm - 1K - Match Info - Similar pages
8-9B-9
Section 8-9B-9 Defenses, liability, and protection of transferee. (a) A transfer is not voidable
under Section 8-9B-5(a)(1) against a person that took in good faith and for a reasonably equivalent
value given the debtor or against any subsequent transferee that took in good faith. (b) To
the extent a transfer is avoidable in an action by a creditor under Section 8-9B-8(a)(1),
the following rules apply: (1) Except as otherwise provided in this section, the creditor
may recover judgment for the value of the asset transferred, as adjusted under subsection
(c), or the amount necessary to satisfy the creditor's claim, whichever is less. The judgment
may be entered against: (i) the first transferee of the asset or the person for whose benefit
the transfer was made; or (ii) any subsequent transferee, other than: (A) a good-faith transferee
that took for value; or (B) a subsequent transferee of a person described in clause (A). (2)
Recovery pursuant to Section 8-9B-8(a)(1) or (b) of or from...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/8-9B-9.htm - 4K - Match Info - Similar pages
|