9-6-5
Section 9-6-5 Procedure for incorporation. (a) Within 40 days from and after the date of issuance
by the Governor of his executive order authorizing the applicants to proceed to form a public
corporation, as provided in Section 9-6-4, the applicants or not less than three of the applicants
shall proceed to incorporate a public corporation by filing of record in the office of the
Secretary of State a certificate of incorporation which shall comply in form and substance
with the requirements of this section and be executed in the manner provided in this section.
(b) The certificate of incorporation of the authority shall state: (1) The names of the persons
incorporating the authority, together with their post office addresses and a statement that
each of them is a qualified elector of the State of Alabama; (2) The name of the authority
(which shall include the words "environmental improvement authority"); (3) The location
of the principal office of the authority, which shall be within...
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5-8A-46
Section 5-8A-46 Final distribution, termination of receivership and dissolution of bank. Whenever
the receiver shall have paid to each and every depositor and creditor of such bank whose claim
or claims as such creditor or depositor shall have been duly proven and allowed the full amount
of such claims and shall have made proper provision for the unclaimed and unpaid deposits
or dividends the receiver shall make application for final settlement including expenses of
liquidation, to be approved by the receivership court and shall distribute the balance of
any assets remaining ratably to the stockholders. Creditors shall not receive interest after
the date of taking of possession by the superintendent. The receiver shall in said final settlement
order be directed to file in the office of the judge of probate of the county in which the
principal place of business of the bank was located and in the office of Secretary of State
a certificate of dissolution and the written approval of the...
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11-89-32
Section 11-89-32 Procedure to form special corporation. (a) In order to provide for operation
and financing of one or more, but not all, of its authorized services under Chapter 89, Title
11, by following the procedures set out in this article, any district may establish a separate
public corporation and grant to it the power to finance and operate any, but not all, of the
authorized services of the district. If any district may, by its certificate of incorporation,
provide more than one of fire protection service, sewer service, or water service in its service
area, it may provide that any one or more of the services, but not all of them, may be operated
and financed through a special corporation organized pursuant to this article. The procedure
to organize a special corporation is as follows: The board shall adopt a resolution specifying
that it is necessary or expedient that a special corporation be organized pursuant to this
article to operate and finance one or more, but not all,...
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10A-1-7.13
Section 10A-1-7.13 Procedure for and effect of revocation. (a) If the Secretary of State determines
that one or more grounds exist under Section 10A-1-7.12 for revocation of a registration,
the Secretary of State shall serve the foreign entity with written notice of the determination
of the Secretary of State by serving the foreign entity's registered agent, which service
may be by registered mail, or, if the foreign entity has no registered agent or its registered
agent cannot with reasonable diligence be served, by serving the foreign entity by any method
permitted under Sections 10A-1-5.35 and 10A-1-5.36. (b) If the foreign entity does not correct
each ground for revocation or demonstrate to the reasonable satisfaction of the Secretary
of State that each ground determined by the Secretary of State does not exist within 60 days
after service of the notice is perfected under subsection (a), the Secretary of State may
revoke the foreign entity's registration by signing a certificate of...
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10A-2A-6.01
Section 10A-2A-6.01 Authorized stock. (a) The certificate of incorporation must set forth any
classes of stock and series of stock within a class, and the number of shares of stock of
each class and series, that the corporation is authorized to issue. If more than one class
or series of stock is authorized, the certificate of incorporation must prescribe a distinguishing
designation for each class or series and, before the issuance of stock of a class or series,
describe the terms, including the preferences, rights, and limitations, of that class or series.
Except to the extent varied as permitted by this section, all shares of stock of a class or
series must have terms, including preferences, rights, and limitations, that are identical
with those of other shares of stock of the same class or series. (b) The certificate of incorporation
must authorize: (1) one or more classes or series of stock that together have full voting
rights, and (2) one or more classes or series of stock (which...
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10A-2A-6.02
Section 10A-2A-6.02 Terms of class or series determined by board of directors. (a) When any
corporation desires to issue any shares of stock of any class or of any series of any class
of which the powers, designations, preferences, and relative, participating, optional, or
other rights, if any, or the qualifications, limitations, or restrictions thereof, if any,
shall not have been set forth in the certificate of incorporation or in any amendment thereto
but shall be provided for in a resolution or resolutions adopted by the board of directors
pursuant to authority expressly vested in it by the certificate of incorporation or any amendment
thereto, a certificate of designations setting forth a copy of the board resolution or resolutions
and the number of shares of stock of the class or series as to which the resolution or resolutions
apply shall be executed and delivered to the Secretary of State for filing and shall become
effective in accordance with Article 4 of Chapter 1. If the...
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11-95-4
Section 11-95-4 Certificate of incorporation - Contents; execution, acknowledgment, attachments,
recordation by probate judge. (a) Within 80 days following the adoption of the first adopted
of the two authorizing resolutions required by the provisions of Section 11-95-3 and within
40 days following the adoption of the last adopted of the said two authorizing resolutions,
the applicants may proceed to incorporate a corporation by filing for record in the office
of the judge of probate of the authorizing county a certificate of incorporation which shall
comply in form and substance with the requirements of this section and which shall be in the
form and executed in the manner herein provided. (b) The certificate of incorporation of the
corporation shall state: (1) The names of the persons forming the corporation, and that each
of them is a duly qualified elector of the authorizing county; (2) The name of the corporation
(which shall be _____ county-city (town) of _____ joint hospital...
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11-97-4
Section 11-97-4 Incorporation procedure; contents, execution, and filing of certificate of
incorporation. (a) Within 40 days following the adoption of an authorizing resolution the
applicants shall proceed to incorporate a corporation by filing for record in the office of
the judge of probate of the county or one of the counties in which the determining subdivision
is located a certificate of incorporation which shall comply in form and substance with the
requirements of this section and which shall be in the form and executed in the manner herein
provided. (b) The certificate of incorporation of the corporation shall state: (1) The names
of the persons forming the corporation, and that each of them is a duly qualified elector
of the determining subdivision; (2) The name of the corporation [which shall be "The
Governmental Utility Services Corporation of ___," with the insertion of the name of
the determining subdivision (which name may include additional wording identifying...
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27-31B-8
Section 27-31B-8 Formation of captive insurance companies in this state. (a) A pure captive
insurance company or a protected cell captive insurance company shall be formed as a stock
or mutual insurer, or as a nonprofit or limited liability company with its capital divided
into units and held by the stockholders, members, or other equivalent as allowed by law. (b)
An association captive insurance company, an industrial insured captive insurance company,
or a risk retention group may be formed in any of the following ways: (1) Organized as a stock
insurer with its capital divided into share units and held by the stockholders, members, or
other equivalent as allowed by law. (2) Organized as a mutual insurer without capital stock,
the governing body of which is elected by the member organizations of its association. (3)
Organized as a reciprocal insurer in accordance with Chapter 31 of this title. (4) Organized
as a manager-managed limited liability company. (c) A captive insurance...
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10A-1-4.13
Section 10A-1-4.13 Abandonment before effectiveness. (a) The parties to a filing instrument
may abandon the filing instrument if the instrument has not taken effect. (b) To abandon a
filing instrument the parties to the instrument must file with the filing officer a certificate
of abandonment. (c) A certificate of abandonment must: (1) be signed on behalf of each entity
that is a party to the action or transaction by the person authorized by this title to act
on behalf of the entity; (2) state the nature of the filing instrument to be abandoned, the
date of the instrument, and the parties to the instrument; and (3) state that the filing instrument
has been abandoned in accordance with the agreement of the parties. (d) On the filing of the
certificate of abandonment, the action or transaction evidenced by the original filing instrument
is abandoned and may not take effect. (e) If in the interim before a certificate of abandonment
is filed, the name of an entity that is a party to the...
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