2-10-93
Section 2-10-93 Organization generally; adoption of bylaws. A majority of the organizing members
named in the articles of incorporation, at a time and place agreed upon in writing by all
the said organizers, or when and where all are present, or upon call of a majority of such
organizers upon five days' notice thereof, in writing, giving the time, place, and purposes
of the meeting, mailed or delivered by hand to all of the other said organizing members, may
make permanent organization of such corporation and adopt bylaws for the same, which bylaws
may thereafter be amended or repealed by the members of such incorporated association in the
manner provided in the bylaws. At such organization meeting, the members of the board of directors
and such officers as provided for in this article and in the bylaws shall be elected. Each
association incorporated under this article shall, within 30 days after its incorporation,
adopt for its government and management bylaws not inconsistent with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-93.htm - 1K - Match Info - Similar pages

5-7A-3
Section 5-7A-3 Certificate of proceedings to be forwarded to Superintendent of Banks. A certificate
of all the proceedings, including a copy of the pertinent portion of the minutes of the meeting
of the board of directors at which the resolution under Section 5-7A-2 was passed, the notice
which was given to each stockholder and a copy of the minutes of the stockholders' meeting,
shall be made and certified to by the president and cashier of the institution under the seal
thereof and acknowledged before a notary public as deeds are required to be acknowledged by
a corporation and forwarded to the superintendent for his certificate of approval. (Acts 1980,
No. 80-658, §5-7-3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/5-7A-3.htm - 989 bytes - Match Info - Similar pages

10A-20-7.03
Section 10A-20-7.03 First meeting. (a) The first meeting of the corporation shall be called
by a notice signed by three or more of the incorporators, stating the time, place, and purpose
of the meeting, a copy of which notice shall be mailed or delivered to each incorporator at
least five days before the day appointed for the meeting. The first meeting may be held without
such notice upon agreement in writing to that effect, signed by all the incorporators. There
shall be recorded in the minutes of the meeting a copy of the notice or of the unanimous agreement
of the incorporators. (b) At the first meeting, the incorporators shall organize by the choice,
by ballot, of a temporary clerk, by the adoption of bylaws, by the election by ballot of directors,
and by action upon such other matters within the powers of the corporation as the incorporators
may see fit. The temporary clerk shall be sworn and shall make and attest a record of the
proceedings. Ten of the incorporators shall be a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-20-7.03.htm - 1K - Match Info - Similar pages

10A-2A-8.25
Section 10A-2A-8.25 Committees of the board. (a) Unless this chapter, the certificate of incorporation,
or the bylaws provide otherwise, a board of directors may establish one or more board committees
composed exclusively of one or more directors to perform functions of the board of directors.
(b) The establishment of a board committee and appointment of members to it shall be approved
by the greater of (i) a majority of all the directors in office when the action is taken or
(ii) the number of directors required by the certificate of incorporation or bylaws to take
action under Section 10A-2A-8.24, unless, in either case, this chapter or the certificate
of incorporation provides otherwise. (c) Section 10A-2A-8.20 through Section 10A-2A-8.24 apply
to board committees and their members. (d) A board committee may exercise the powers of the
board of directors under Section 10A-2A-8.01, to the extent specified by the board of directors
or in the certificate of incorporation or bylaws,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-8.25.htm - 2K - Match Info - Similar pages

11-88-21
Section 11-88-21 When proceedings, notice, etc., for incorporation of authority, acquisition
of property, issuance of bonds, etc., required; exemption of authority, etc., from jurisdiction
and regulation of Public Service Commission, etc. Except as expressly otherwise provided in
this article or Article 2 of this chapter no proceeding, notice, or approval shall be required
for the incorporation of any authority or the amendment of its certificate of incorporation,
the acquisition of any property, water system, sewer system, or fire protection facility or
the issuance of any bonds, mortgage, and deed of trust or trust indenture. The authority,
every water system, sewer system, or fire protection facility owned by the authority or leased
or subleased to a determining county and the rates and charges thereof shall be exempt from
all jurisdiction of and all regulation and supervision by the Alabama Public Service Commission
and neither a public hearing nor the consent of the State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-88-21.htm - 1K - Match Info - Similar pages

11-99B-17
Section 11-99B-17 Provisions of chapter as to incorporation of district, acquisition of property,
issuance of bonds, exclusive; jurisdiction over and regulation of district, by State Board
of Health, Public Service Commission. Except as expressly otherwise provided in this chapter,
no proceeding, notice, or approval shall be required for the incorporation of any district
or the amendment of its certificate of incorporation, the acquisition of any property or project,
or the issuance of any bonds, or trust indenture; provided, however, that nothing contained
in this section shall be construed to exempt any district from the jurisdiction of the State
Board of Health. The district, every project of the district, and the rates, rentals, fees,
licenses, and charges thereof shall be exempt from all jurisdiction of and all regulation
and supervision by the Public Service Commission and neither a public hearing nor the consent
of the State Department of Finance shall be prerequisite to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-17.htm - 1K - Match Info - Similar pages

37-6-24
Section 37-6-24 Waiver of notice. Whenever any notice is required to be given under the provisions
of this chapter or under the provisions of the articles of incorporation or bylaws of a cooperative,
waiver thereof in writing, signed by the person or persons entitled to such notice, whether
before or after the time fixed for the giving of such notice, shall be deemed equivalent to
such notice. If a person or persons entitled to notice of a meeting shall attend such meeting,
such attendance shall constitute a waiver of notice of the meeting, except in case the attendance
is for the express purpose of objecting to the transaction of any business because the meeting
shall not have been lawfully called or convened. (Acts 1939, No. 231, p. 371; Code 1940, T.
18, §54.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-6-24.htm - 1K - Match Info - Similar pages

11-32-16
Section 11-32-16 Exemption from other state supervision and control. This chapter is intended
to aid the state in the execution of its duties by providing appropriate and independent instrumentalities
of the state with full and adequate powers to fulfill their functions. Except as in this chapter
expressly otherwise provided, no proceeding, notice, or approval shall be required for the
incorporation of any authority or the amendment of its certificate of incorporation, the acquisition
of any property or transit system, or the issuance of any bonds, mortgage and deed of trust,
or trust indenture. The authority, every transit system of the authority, any public transportation
service provided by the authority, and the rates and charges of the authority shall be exempt
from all jurisdiction of, and all regulation and supervision by, the Public Service Commission.
Neither a public hearing nor the consent of the state Department of Finance shall be prerequisite
to the issuance of bonds by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-32-16.htm - 1K - Match Info - Similar pages

11-49A-16
Section 11-49A-16 Exemption from additional proceedings, regulation, etc. This chapter is intended
to aid the state in the execution of its duties by providing appropriate and independent instrumentalities
of the state with full and adequate powers to fulfill their functions. Except as in this chapter
expressly otherwise provided, no proceeding, notice, or approval shall be required for the
incorporation of any authority or the amendment of its certificate of incorporation, the acquisition
of any property or transit system, or the issuance of any bonds, mortgage and deed of trust,
or trust indenture. The authority, every transit system of the authority, any public transportation
service provided by the authority, and the rates and charges thereof shall be exempt from
all jurisdiction of, and all regulation and supervision by, the Public Service Commission.
Neither a public hearing nor the consent of the state Department of Finance shall be prerequisite
to the issuance of bonds by the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-49A-16.htm - 1K - Match Info - Similar pages

11-89-19
Section 11-89-19 Provisions of chapter as to incorporation of district, acquisition of property,
issuance of bonds, etc., exclusive; jurisdiction over and regulation of district, etc., by
State Board of Health, Public Service Commission, etc. Except as expressly otherwise provided
in this chapter, no proceeding, notice, or approval shall be required for the incorporation
of any district or the amendment of its certificate of incorporation, the acquisition of any
property, water system, sewer system, or fire protection facility or the issuance of any bonds,
mortgage and deed of trust or trust indenture; provided, however, that nothing contained in
this section shall be construed to exempt any district from the jurisdiction of the State
Board of Health. The district, every water system, sewer system, or fire protection facility
of the district and the rates and charges thereof shall be exempt from all jurisdiction of
and all regulation and supervision by the Public Service Commission and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-19.htm - 1K - Match Info - Similar pages