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22-32-1
Section 22-32-1 Enactment of Southeast Interstate Low-Level Radioactive Waste Management
Compact. The Southeast Interstate Low-Level Radioactive Waste Management Compact is hereby
enacted into law and entered into by the State of Alabama with any and all states legally
joining therein in accordance with its terms, in the form substantially as follows: SOUTHEAST
INTERSTATE LOW-LEVEL RADIOACTIVE WASTE MANAGEMENT COMPACT Article I. Policy and Purpose There
is hereby created the Southeast Interstate Low-Level Radioactive Waste Management Compact.
The party states recognize and declare that each state is responsible for providing for the
availability of capacity either within or outside the state for the disposal of low-level
radioactive waste generated within its borders, except for waste generated as a result of
defense activities of the federal government or federal research and development activities.
They also recognize that the management of low-level radioactive waste is handled most...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-32-1.htm - 31K - Match Info - Similar pages
40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby
approved, adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article
I. Purposes. The purposes of this compact are to: 1. Facilitate proper determination of state
and local tax liability of multistate taxpayers, including the equitable apportionment of
tax bases and settlement of apportionment disputes. 2. Promote uniformity or compatibility
in significant components of tax systems. 3. Facilitate taxpayer convenience and compliance
in the filing of tax returns and in other phases of tax administration. 4. Avoid duplicative
taxation. Article II. Definitions. As used in this compact: 1. "State" means a state
of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory
or possession of the United States. 2. "Subdivision" means any governmental unit
or special district of a state. 3. "Taxpayer" means any corporation, partnership,
firm,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-27-1.htm - 42K - Match Info - Similar pages
27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus
Lines Insurance Multi-State Compliance Compact Act is enacted into law and entered into with
all jurisdictions mutually adopting the compact in the form substantially as follows: PREAMBLE
WHEREAS, with regard to Non-Admitted Insurance policies with risk exposures located in multiple
states, the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted
and Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
10A-2A-7.03
Section 10A-2A-7.03 Court-ordered meetings. (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 summarily order a meeting to be held: (1) on
application of any stockholder of the corporation entitled to participate in an annual meeting
if an annual meeting was not held or action by written consent in lieu of an annual meeting
did not become effective within the earlier of 12 months after the end of the corporation's
fiscal year or 15 months after its last annual meeting; or (2) on application of one or more
stockholders who signed a demand for a special meeting valid under Section 10A-2A-7.02,
if: (i) notice of the special meeting was not given within 30 days after the first day on
which the requisite number of demands have been delivered to the corporation; or (ii)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.03.htm - 2K - Match Info - Similar pages
10A-2A-7.06
Section 10A-2A-7.06 Waiver of notice. (a) A stockholder may waive any notice required
by this chapter or the certificate of incorporation or bylaws, before or after the date and
time stated in the notice. The waiver must be in writing, be signed by the stockholder entitled
to the notice, and be delivered to the corporation for filing by the corporation with the
minutes or corporate records. (b) A stockholder's attendance at a meeting: (1) waives objection
to lack of notice or defective notice of the meeting, unless the stockholder at the beginning
of the meeting objects to holding the meeting or transacting business at the meeting; and
(2) waives objection to consideration of a particular matter at the meeting that is not within
the purpose or purposes described in the meeting notice, unless the stockholder objects to
considering the matter when it is presented. (Act 2019-94, ยง1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.06.htm - 1K - Match Info - Similar pages
10A-2A-11.04
Section 10A-2A-11.04 Action on a plan of merger or stock exchange. In the case of a
corporation that is a constituent organization or the acquired entity in a stock exchange,
the plan of merger or stock exchange shall be adopted in the following manner: (a) The plan
of merger or stock exchange shall first be adopted by the board of directors. (b) Except as
provided in subsections (h), (j), and (l) and in Section 10A-2A-11.05, the plan of
merger or stock exchange shall then be approved by the stockholders. In submitting the plan
of merger or stock exchange to the stockholders for approval, the board of directors shall
recommend that the stockholders approve the plan or, in the case of an offer referred to in
subsection (j)(2), that the stockholders tender their stock to the offeror in response to
the offer, unless (i) the board of directors makes a determination that because of conflicts
of interest or other special circumstances it should not make a recommendation or (ii) Section...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-11.04.htm - 11K - Match Info - Similar pages
10A-2A-10.03
Section 10A-2A-10.03 Amendment by board of directors and stockholders. If a corporation
has issued stock, an amendment to the certificate of incorporation shall be adopted in the
following manner: (a) The proposed amendment shall first be adopted by the board of directors.
(b) Except as provided in Sections 10A-2A-10.05, 10A-2A-10.07, and 10A-2A-10.08, the amendment
shall then be approved by the stockholders. In submitting the proposed amendment to the stockholders
for approval, the board of directors shall recommend that the stockholders approve the amendment,
unless (i) the board of directors makes a determination that because of conflicts of interest
or other special circumstances it should not make a recommendation, or (ii) Section
10A-2A-8.26 applies. If either (i) or (ii) applies, the board of directors must inform the
stockholders of the basis for its so proceeding. (c) The board of directors may set conditions
for the approval of the amendment by the stockholders or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-10.03.htm - 3K - Match Info - Similar pages
10A-2A-13.21
Section 10A-2A-13.21 Notice of intent to demand payment and consequences of voting or
consenting. (a) If a corporate action specified in Section 10A-2A-13.02(a) is submitted
to a vote at a stockholders' meeting, a stockholder who wishes to assert appraisal rights
with respect to any class or series of stock: (1) shall deliver to the corporation, before
the vote is taken, written notice of the stockholder's intent to demand payment if the proposed
action is effectuated; and (2) shall not vote, or cause or permit to be voted, any stock of
the class or series in favor of the proposed action. (b) If a corporate action specified in
Section 10A-2A-13.02(a) is to be approved by written consent, a stockholder who wishes
to assert appraisal rights with respect to any class or series of stock shall not sign a consent
in favor of the proposed action with respect to that class or series of stock. (c) If a corporate
action specified in Section 10A-2A-13.02(a) does not require stockholder approval...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-13.21.htm - 1K - Match Info - Similar pages
10A-2A-7.28
Section 10A-2A-7.28 Voting for directors; cumulative voting. (a) Unless otherwise provided
in the certificate of incorporation, directors are elected by a plurality of the votes cast
by the stock entitled to vote in the election at a meeting at which a quorum is present. (b)
Stockholders do not have a right to cumulate their votes for directors unless the certificate
of incorporation so provides. (c) A statement included in the certificate of incorporation
that "[all] [a designated voting group of] stockholders are entitled to cumulate their
votes for directors" (or words of similar import) means that the stockholders designated
are entitled to multiply the number of votes they are entitled to cast by the number of directors
for whom they are entitled to vote and cast the product for a single candidate or distribute
the product among two or more candidates. (d) Stock otherwise entitled to vote cumulatively
may not be voted cumulatively at a particular meeting unless: (1) the meeting...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.28.htm - 1K - Match Info - Similar pages
10A-2A-14.02
Section 10A-2A-14.02 Dissolution by board of directors and stockholders. (a) The board
of directors may propose dissolution for submission to the stockholders by first adopting
a resolution authorizing the dissolution. (b) For a proposal to dissolve to be adopted, it
shall then be approved by the stockholders. In submitting the proposal to dissolve to the
stockholders for approval, the board of directors shall recommend that the stockholders approve
the dissolution, unless (i) the board of directors determines that because of conflict of
interest or other special circumstances it should make no recommendation or (ii) Section
10A-2A-8.26 applies. If either (i) or (ii) applies, the board of directors shall inform the
stockholders of the basis for its so proceeding. (c) The board of directors may set conditions
for the approval of the proposal for dissolution by stockholders or the effectiveness of the
dissolution. (d) If the approval of the stockholders is to be given at a meeting, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-14.02.htm - 2K - Match Info - Similar pages
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