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10A-2A-8.09
Section 10A-2A-8.09 Removal of directors by judicial proceeding. (a) The designated court,
and if none, the circuit court for the county in which the corporation's principal office
is located in this state, and if none in this state, the circuit court for the county in which
the corporation's most recent registered office is located may remove a director from office
or may order other relief, including barring the director from reelection for a period prescribed
by the court, in a proceeding commenced by or in the right of the corporation if the court
finds that (i) the director engaged in fraudulent conduct with respect to the corporation
or its stockholders, grossly abused the position of director, or intentionally inflicted harm
on the corporation; and (ii) considering the director's course of conduct and the inadequacy
of other available remedies, removal or such other relief would be in the best interest of
the corporation. (b) A stockholder proceeding on behalf of the corporation...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-8.09.htm - 1K - Match Info - Similar pages
10A-2-16.02
Section 10A-2-16.02 Inspection of records by shareholders. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
A shareholder of a domestic corporation or of a foreign corporation with its principal office
within this state is entitled to inspect and copy, during regular business hours at the corporation's
principal office, or if its principal office is outside this state, at a reasonable location
within this state, specified by the corporation, any of the records of the corporation described
in Section 10A-2-16.01(e) if he or she gives the corporation written notice of his or her
demand at least five business days before the date on which he or she wishes to inspect and
copy. (b) A shareholder of a domestic corporation or of a foreign corporation with its principal
office within this state who shall have been a holder of record of shares for 180 days immediately
preceding his or her demand or who is the holder...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-16.02.htm - 4K - Match Info - Similar pages
10A-2A-1.52
Section 10A-2A-1.52 Judicial proceedings regarding validity of corporate actions. (a) Upon
application by the corporation, any successor entity to the corporation, a director of the
corporation, any stockholder, beneficial stockholder or unrestricted voting trust beneficial
owner of the corporation, including any stockholder, beneficial stockholder or unrestricted
voting trust beneficial owner as of the date of the defective corporate action ratified under
Section 10A-2A-1.47, or any other person claiming to be substantially and adversely affected
by a ratification under Section 10A-2A-1.47, the designated court, and if none, the circuit
court for the county in which the corporation's principal office is located in this state,
and if none in this state, the circuit court for the county in which the corporation's most
recent registered office, is located, may: (1) determine the validity and effectiveness of
any corporate action or defective corporate action; (2) determine the validity...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-1.52.htm - 2K - Match Info - Similar pages
22-9A-21
the legal representative is acting on behalf and for the benefit of the principal. (3) Information
from or copies of records shall not be provided to the natural parents of adopted children,
when neither has custody, or commercial firms or agencies requesting listings of names and
addresses or copies of certificates. (4) Others may obtain information from or copies of a
vital record, if they demonstrate that the information or copy is needed for the determination
or protection of his or her personal or property right. The board may adopt rules to
define further those who may obtain information from or copies of vital records filed under
this chapter. (c) The State Registrar may permit the use of data from vital records for statistical
or legitimate research purposes, subject to conditions he or she may impose. No data shall
be furnished from records for legitimate research purposes until the State Registrar has received
in writing an agreement signed by a responsible agent of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-9A-21.htm - 5K - Match Info - Similar pages
10A-2A-16.10
Section 10A-2A-16.10 Financial statements for stockholders. (a) Upon the written request of
a stockholder, a corporation shall deliver or make available to the requesting stockholder
by posting on its website or by other generally recognized means annual financial statements
for the most recent fiscal year of the corporation for which annual financial statements have
been prepared for the corporation. If financial statements have been prepared for the corporation
on the basis of generally accepted accounting principles for that specified period, the corporation
shall deliver or make available those financial statements to the requesting stockholder.
If the annual financial statements to be delivered or made available to the requesting stockholder
are audited or otherwise reported upon by a public accountant, the report shall also be delivered
or made available to the requesting stockholder. (b) A corporation shall deliver, or make
available and provide written notice of availability...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-16.10.htm - 4K - Match Info - Similar pages
2-21-26
Section 2-21-26 Inspection, sampling, and analysis. (a) For the purpose of enforcement of this
chapter and in order to determine whether its provisions have been complied with, including
whether or not any operations may be subject to such provisions, officers or employees duly
designated by the commissioner, upon presenting appropriate credentials to the owner, operator,
or agent in charge, are authorized: (1) To enter, during normal business hours, any factory,
warehouse, or establishment within the state in which commercial feeds are manufactured, processed,
packed, or held for distribution, or to enter any vehicle being used to transport or hold
such feeds; and (2) To inspect at reasonable times and within reasonable limits and in a reasonable
manner, such factory, warehouse, establishment, or vehicle and all pertinent equipment, finished
and unfinished materials, containers, and labeling therein. The inspection may include the
verification of only such records, and production and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-21-26.htm - 4K - Match Info - Similar pages
10A-20-5.03
Section 10A-20-5.03 Disposition of property of educational corporations where the stockholders
are unknown or the number of shares is unknown. (a) Where the charter of any educational corporation
organized under the laws of this state, general or special, provides for the issuance of stock
and the stockholders are unknown or where the amount or number of shares are unknown, the
property of the corporation may be disposed of as follows: The acting trustees or directors
having peaceable charge of the business and property of the corporation, whether legally elected
or not, may contract to sell or otherwise dispose of the property of the corporation in the
manner as they may deem best to carry out the purpose of the corporation, which action must
be concurred in by a majority of the acting trustees or directors. (b) Within 30 days after
making the contract or agreement, the trustees or directors shall cause to be filed in the
name of the corporation, in the circuit court of the county in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-20-5.03.htm - 4K - Match Info - Similar pages
24-8-13
Section 24-8-13 Recommendation for hearing by investigator; order for hearing; parties' right
to take civil action; amendment of complaint; subpoenas; refusal to allow discovery; hearing;
panel opinion and order; review. (a) If not sooner resolved, the investigator, upon completion
of his investigation, shall submit to ADECA a statement of the facts disclosed by his investigation
and recommend either that the complaint be dismissed or that a panel of office members be
designated to hear the complaint. ADECA, after review of the case file and the statement and
recommendation of the investigator, shall issue an order either of dismissal or for a hearing,
which is not subject to judicial or other further review. (b) If the order is for dismissal,
ADECA shall mail a copy of the order to the complainant and the respondent at their last known
addresses. The complainant may bring an action against the respondent in circuit court within
90 days of the date of the dismissal or within one year...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-8-13.htm - 7K - Match Info - Similar pages
10A-2A-7.29
Section 10A-2A-7.29 Inspectors of election. (a) The corporation shall, in advance of any meeting
of stockholders, appoint one or more inspectors to act at the meeting and make a written report
thereof. The corporation may designate one or more persons as alternate inspectors to replace
any inspector who fails to act. If no inspector or alternate is able to act at a meeting of
stockholders, the person presiding at the meeting shall appoint one or more inspectors to
act at the meeting. Each inspector, before entering upon the discharge of the duties of inspector,
shall take and sign an oath faithfully to execute the duties of inspector with strict impartiality
and according to the best of the inspector's ability. (b) The inspectors shall: (1) Ascertain
the number of shares of stock outstanding and the voting power of each; (2) Determine the
shares of stock represented at a meeting and the validity of proxies and ballots; (3) Count
all votes and ballots; (4) Determine and retain for a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.29.htm - 4K - Match Info - Similar pages
40-25-15
Section 40-25-15 Nontaxable sales. (a) A wholesaler or jobber, as defined in Section 40-25-1
and who is duly qualified as such wholesaler or jobber under Section 40-25-16, may sell tobacco
products enumerated herein without the Alabama Revenue Stamps affixed thereto; provided, that:
Such products are sold and shipped or delivered in interstate commerce to a person outside
of this state, and such wholesaler or jobber shall have on file, for a period of three years,
subject to inspection by the department, a record of such sale, and also the original purchase
order, and a copy of the invoice therefor, and a receipt from a common carrier, contract carrier
or post office showing shipment for delivery in such other state, or, if delivered by such
dealer to the purchaser at a point outside of the State of Alabama, a receipt showing such
delivery in addition to the record, original purchase order and copy of the invoice relating
to such sale. (b) Such duly qualified wholesaler or jobber may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-25-15.htm - 3K - Match Info - Similar pages
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