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10A-2A-16.02
Section 10A-2A-16.02 Inspection rights of stockholders. (a) A stockholder of a corporation
is entitled to inspect and copy, during regular business hours at the corporation's principal
office, any of the records of the corporation described in Section 10A-2A-16.01(a), excluding
minutes of meetings of, and records of actions taken without a meeting by, the corporation's
board of directors and board committees established under Section 10A-2A-8.25, if the stockholder
gives the corporation a signed written notice of the stockholder's demand at least five business
days before the date on which the stockholder wishes to inspect and copy. (b) A stockholder
of a corporation is entitled to inspect and copy, during regular business hours at a reasonable
location specified by the corporation, any of the following records of the corporation if
the stockholder meets the requirements of subsection (c) and gives the corporation a signed
written notice of the stockholder's demand at least five...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-16.02.htm - 6K - Match Info - Similar pages
10-2B-12.01
Section 10-2B-12.01 Sale of assets in regular course of business and mortgage of assets. All
provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1,
2011. (Acts 1994, No. 94-245, p. 343, §1.)...
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10-2B-12.02
Section 10-2B-12.02 Sale of assets other than in regular course of business. All provisions
of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts
1994, No. 94-245, p. 343, §1.)...
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12-21-43
Section 12-21-43 Writings or records made in regular course of business - Originals. Any writing
or record, whether in the form of an entry in a book or otherwise, made as a memorandum or
record of any act, transaction, occurrence or event, shall be admissible in evidence in proof
of said act, transaction or event if it was made in the regular course of any business and
it was the regular course of the business to make such memorandum or record at the time of
such act, transaction, occurrence or event, or within a reasonable time thereafter. All other
circumstances of the making of such writing or record, including lack of personal knowledge
by the entrant or maker, may be shown to affect its weight, but they shall not affect its
admissibility. The term, "business" shall include a business, profession, occupation
and calling of every kind. (Code 1940, T. 7, §415.)...
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12-21-44
Section 12-21-44 Writings or records made in regular course of business - Photostatic, photographic,
or microphotographic plate or film of originals, or prints thereof; rights thereto when original
not available. (a) Any writing or record, whether in the form of an entry in a book or otherwise,
made as a memorandum or record of any act, transaction, occurrence or event, if it was made
in the regular course of any business and it was in the regular course of the business to
make such memorandum or record at the time of such act, transaction, occurrence or event,
or within a reasonable time thereafter, may be photostated, or it may be photographed or microphotographed
on plate or film; and such photostat, photographic or microphotographic plate or film, or
print thereof, whether enlarged or not, shall be deemed to be an original record and shall
be admissible in evidence in proof of said act, transaction, occurrence or event in all instances
that the original record might have been...
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10A-2A-10.05
Section 10A-2A-10.05 Amendment by board of directors. Unless the certificate of incorporation
provides otherwise, a corporation's board of directors may adopt amendments to the corporation's
certificate of incorporation without stockholder approval: (a) to extend the duration of the
corporation if it was incorporated at a time when limited duration was required by law; (b)
to delete the names and addresses of the incorporators or initial directors; (c) to delete
the name and address of the initial registered agent or registered office, if a statement
of change is on file with the Secretary of State; (d) if the corporation has only one class
of stock outstanding: (1) to change each issued and unissued authorized share of stock of
the class into a greater number of whole shares of stock of that class; or (2) to increase
the number of authorized shares of stock of the class to the extent necessary to permit the
issuance of stock as a stock dividend; (e) to change the corporate name,...
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5-8A-40
Section 5-8A-40 Preferred claims. In addition to any other laws of this state or of the United
States granting priority, any draft or cashier's check issued and drawn against actual existing
value by any bank prior to its failure or closing and given in payment of clearings and any
money paid in the usual course of business to any bank in payment of a draft for the bona
fide transfer of funds shall be a preferred claim against the assets of the bank, irrespective
of whether the fund representing such item or items can be traced and identified as part of
such assets or has been intermingled with or converted into other assets of such failed bank.
(Acts 1980, No. 80-658, §5-8-40.)...
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10A-1-8.02
Section 10A-1-8.02 Mergers of entities. (a) A merger of two or more entities, whether the other
entity or entities are the same or another form of entity, may be accomplished as provided
in this section. (1) CORPORATIONS. a. In the case of a corporation, other than a nonprofit
corporation, that is a party to a merger, a plan of merger must be approved in accordance
with the procedures and by the stockholder vote required by Article 11 of Chapter 2A. If the
governing documents of the corporation provide for approval of a merger by less than all of
the corporation's stockholders, approval of the merger shall constitute corporate action subject
to appraisal rights pursuant to Article 13 of Chapter 2A, as applicable. No merger of a corporation
into a general or limited partnership may be effected without the consent in writing of each
stockholder who will have personal liability with respect to the surviving entity, notwithstanding
any provision in the governing documents of the...
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7-2A-103
Section 7-2A-103 Definitions and index of definitions. (1) In this article unless the context
otherwise requires: (a) "Buyer in ordinary course of business" means a person who
in good faith and without knowledge that the sale to him or her is in violation of the ownership
rights or security interest or leasehold interest of a third party in the goods, buys in ordinary
course from a person in the business of selling goods of that kind but does not include a
pawnbroker. "Buying" may be for cash or by exchange of other property or on secured
or unsecured credit and includes receiving goods or documents of title under a pre-existing
contract for sale but does not include a transfer in bulk or as security for or in total or
partial satisfaction of a money debt. (b) "Cancellation" occurs when either party
puts an end to the lease contract for default by the other party. (c) "Commercial unit"
means such a unit of goods as by commercial usage is a single whole for purposes of lease
and...
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10A-2A-14.14
Section 10A-2A-14.14 Election to purchase in lieu of dissolution. (a) In a proceeding under
Section 10A-2A-14.10(a)(2) to dissolve a corporation, the corporation may elect or, if it
fails to elect, one or more stockholders may elect to purchase all stock owned by the petitioning
stockholder at the fair value of the stock. An election pursuant to this section shall be
irrevocable unless the court determines that it is equitable to set aside or modify the election.
(b) An election to purchase pursuant to this section may be filed with the court at any time
within 90 days after the filing of the petition under Section 10A-2A-14.10(a)(2) or at a later
time as the court in its discretion may allow. If the election to purchase is filed by one
or more stockholders, the corporation shall, within 10 days thereafter, give written notice
to all stockholders, other than the petitioner. The notice must state the name and number
of shares of stock owned by the petitioner and the name and number of...
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