45-47-250.03
Section 45-47-250.03 Amendment to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time, and from time to time, be
amended in the manner provided in this section. (b)(1) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution and which amendment may include: a. A change
in the name of the authority. b. The addition to the service area of the authority of new
territory lying within Marion County. c. Provisions for the operation of a system or facility
the operation of which is not then provided for in the certificate of incorporation of the
authority and which the authority is authorized by this article to operate. d. Any matters
which might have been included in the original certificate of incorporation. e. Provisions
for the addition to the service area of the authority of new...
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5-12A-5
Section 5-12A-5 Amendment of plan. The plan may be amended from time to time by the fiduciary
with the approval of the board of directors of the trust institution. Any such amendment shall
be filed with the original plan, together with a certified copy of the resolution of the board
of directors of the trust institution approving the same. (Acts 1980, No. 80-658, §5-12-5.)...

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9-14A-15
Section 9-14A-15 Bonds - Proceeds - Disposition. Upon order of the respective board of directors
of the corporations, all expenses incurred in connection with the authorization, preparation,
sale, and issuance of bonds authorized herein and by the amendment shall be paid out of the
proceeds thereof. The proceeds thereof remaining after payment of such expenses, together
with the income derived from the investment and reinvestment of such proceeds (including income
derived from the investment and reinvestment of previously derived income) shall be disbursed
from time to time on the order of said corporations upon the approval of the Director of Finance,
the Commissioner of Conservation and Natural Resources, the Governor, and the Joint Legislative
Committee on State Parks. (Act 2000-708, p. 1487, § 15.)...
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10A-2-6.02
Section 10A-2-6.02 Terms of class or series determined by board of directors. REPEALED IN THE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 articles of incorporation so provide, and if the action is not
inconsistent with the provisions of the Constitution of Alabama of 1901, as the same may be
amended from time to time, the board of directors may determine, in whole or in part, the
preferences, limitations, and relative rights, within the limits set forth in Section 10A-2-6.01,
of: (1) any class of shares before the issuance of any shares of that class; or (2) one or
more series within a class before the issuance of any shares of that series. (b) Each series
of a class must be given a distinguishing designation. (c) All shares of a series must have
preferences, limitations, and relative rights identical with those of other shares of the
same series, and except to the extent otherwise provided in the description of...
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10A-20-7.07
Section 10A-20-7.07 Directors and officers. (a) The business and affairs of the corporation
shall be managed and conducted by a board of directors, a president, a vice-president, a secretary,
a treasurer, and other officers and agents as the corporation by its bylaws shall authorize.
The board of directors shall consist of a number not less than 15 nor more than 21, as shall
be determined in the first instance by the incorporators and thereafter annually by the members
and the stockholders of the corporation. The board of directors may exercise all the powers
of the corporation except such as are conferred by law or by the bylaws of the corporation
upon the stockholders or members and shall choose, or appoint, all the agents and officers
of the corporation and fill all vacancies except vacancies in the office of a director, which
shall be filled as provided in this section. The board of directors shall be elected in the
first instance by the incorporators and thereafter at the annual...
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11-54B-51
Section 11-54B-51 Annual budget of the district management corporation. (a) The officers of
the district management corporation shall submit a detailed annual budget for approval by
its board of directors including proposed expenditures and proposed sources of funding, which
may include voluntary donations. The budget shall explain how it contributes to goals and
objectives for the business improvement district. (b) The budget shall be introduced, approved,
amended, and adopted by resolution passed by not less than a majority of the full membership
of the board of directors. The procedure for passing a budget shall be as follows: (1) Introduction
and preliminary approval of the budget. (2) Public advertising of the budget. (3) Public hearing
relating to the budget. (4) Amendments to the budget and public hearings relating to those
amendments. (5) Adoption of the budget. (6) No budget shall be adopted until a public hearing
has been held thereon and all persons having an interest...
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5-7A-2
Section 5-7A-2 Proceedings to effect consolidation, merger or transfer. Before such consolidation,
merger or transfer shall become effective, the following proceedings must be had and done.
The board of directors of each bank affected must pass a resolution stating that such consolidation,
merger or transfer is desirable and order the officers of the bank to call a meeting of the
stockholders to consider the proposition. Upon the passage of such resolution by the directors,
the officers shall mail a notice of such meeting to each stockholder at his last known place
of residence, postage prepaid, at least 30 days before the date set for the meeting of stockholders,
which notice shall specify the date and place of the meeting and the purpose for which the
meeting is to be held. A copy of the resolution must also be forwarded to the superintendent
for his information, and he shall investigate the advisability of such consolidation, merger
or transfer. On the day of the meeting of the...
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11-88-5.1
Section 11-88-5.1 Ratification of amendment. Any action heretofore taken and approved by a
majority vote of the board of directors of any water, sewer, or fire protection authority,
and found and determined to be true by the governing body of each county in which any part
of the said authority's then existing service area lies, providing for an amendment to the
authority's certificate of incorporation increasing the number of members of said authority's
board of directors, is hereby authorized, ratified, and confirmed regardless of any defects,
mistakes, errors, or ambiguities in the authorization thereof or in the provisions of law
respecting amendments to certificates of incorporation of water, sewer, and fire protection
authorities. (Acts 1991, No. 91-599, p. 1102, §3.)...
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16-18B-12
Section 16-18B-12 Use of proceeds from bonds. Upon order of the board of directors of the corporation,
all expenses incurred in connection with the authorization, preparation, sale, and issuance
of bonds authorized herein and by the amendment shall be paid out of the proceeds thereof.
The proceeds thereof remaining after payment of such expenses, together with the income derived
from the investment and reinvestment of such proceeds (including income derived from the investment
and reinvestment of previously derived income) shall be disbursed from time to time on the
order of said corporation upon the approval of the Director of Finance; provided however,
such disbursements shall be used solely for the purpose of acquiring, providing, constructing,
improving, renovating, equipping and maintenance of forensic sciences laboratories and educational
facilities for the provision of instruction and research in the field of forensic sciences.
(Act 98-391, p. 771, §12.)...
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22-51-7
Section 22-51-7 Incorporation of public corporations - Certificate of incorporation - Amendments.
The certificate of incorporation may be amended, from time to time, to provide for any objective
that was not included in the original certificate of incorporation by proceeding as follows:
(1) The board of directors of the corporation, subject to the approval of the Alabama Department
of Mental Health, shall first adopt a resolution setting forth and approving the proposed
amendment. (2) The proposed amendment shall then be submitted to each governing body which
has appointed or is entitled to appoint a member of the said board as it is constituted at
the time of the adoption of the said resolution setting forth and approving the proposed amendment.
(3) If a governing body to which the proposed amendment is submitted shall find that the said
amendment is in the public interest, and prima facie proof that it is in the public interest
shall consist of proof that it has been approved by the...
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