45-29-140.03
Section 45-29-140.03 Amendment of certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time and from time to time be
amended in the manner provided in this section. (b)(1) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution and which amendment may include: a. A change
in the name of the authority. b. The addition to the service area of the authority of new
territory lying within Fayette County. c. Provisions for the operation of a system or facility
the operation of which is not then provided for in the certificate of incorporation of the
authority and which the authority is authorized by this article to operate. d. Any matters
which might have been included in the original certificate of incorporation. e. Provisions
for the addition to the service area of the authority of new territory...
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45-30-250.03
Section 45-30-250.03 Amendment to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time and from time to time be
amended in the manner provided in this section. (b)(1) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution. The amendment may include any of the following:
a. A change in the name of the authority. b. The addition to the service area of the authority
of new territory lying within Franklin County. c. Provisions for the operation of a system
or facility not currently provided for in the certificate of incorporation of the authority
for which the authority is authorized by this article to operate. d. Any matters which could
have been included in the original certificate of incorporation. e. Provisions for the addition
to the service area of the authority of new territory...
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45-36-252.02
Section 45-36-252.02 Amendment of certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this part may at any time and from time to time be amended
in the manner provided in this section. (b)(1) The board of directors of the authority shall
first adopt a resolution proposing an amendment to the certificate of incorporation which
shall be set forth in full in the resolution and which amendment may include: a. A change
in the name of the authority. b. The addition to the service area of the authority of new
territory lying within Jackson County. c. Provisions for the operation of a system or facility
the operation of which is not then provided for in the certificate of incorporation of the
authority and which the authority is authorized by this part to operate. d. Any matters which
might have been included in the original certificate of incorporation. e. Provisions for the
addition to the service area of the authority of new territory lying...
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45-38-141.03
Section 45-38-141.03 Amendment of certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this part may at any time and from time to time be amended
in the manner provided in this section. (b)(1) The board of directors of the authority shall
first adopt a resolution proposing an amendment to the certificate of incorporation which
shall be set forth in full in the resolution and which amendment may include any or all of
the following: a. A change in the name of the authority. b. The addition to the service area
of the authority of new territory lying within Lamar County. c. Provisions for the operation
of a system or facility the operation of which is not then provided for in the certificate
of incorporation of the authority and which the authority is authorized by this part to operate.
d. Any matters which might have been included in the original certificate of incorporation.
e. Provisions for the addition to the service area of the...
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45-47-250.03
Section 45-47-250.03 Amendment to certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time, and from time to time, be
amended in the manner provided in this section. (b)(1) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution and which amendment may include: a. A change
in the name of the authority. b. The addition to the service area of the authority of new
territory lying within Marion County. c. Provisions for the operation of a system or facility
the operation of which is not then provided for in the certificate of incorporation of the
authority and which the authority is authorized by this article to operate. d. Any matters
which might have been included in the original certificate of incorporation. e. Provisions
for the addition to the service area of the authority of new...
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23-7-5
Section 23-7-5 Powers and functions. (a) In addition to the powers contained in other provisions
of this chapter, the bank has all power necessary, useful, or appropriate to fund, operate,
and administer the bank, and to perform its other functions including, but not limited to,
the following power to: (1) Have perpetual succession. (2) Adopt, promulgate, amend, and repeal
bylaws, not inconsistent with this chapter for the administration of the bank's affairs and
the implementation of its functions including the right of the board to select qualifying
projects and to provide loans and other financial assistance. (3) Sue and be sued in its own
name. (4) Have a seal and alter it at pleasure, although the failure to affix the seal does
not affect the validity of an instrument executed on behalf of the bank. (5) Make loans to
qualified borrowers to finance the eligible costs of qualified projects and to acquire, hold,
and sell loan obligations at prices and in a manner as the board...
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10A-3-2.21
Section 10A-3-2.21 Officers. (a) The officers of a nonprofit corporation shall consist of a
president, one or more vice-presidents, a secretary, a treasurer and other officers and assistant
officers as may be deemed necessary, each of whom shall be elected or appointed at such time,
in the manner and for the terms not exceeding three years as may be prescribed in the nonprofit
corporation's governing documents. In the absence of any provision, all officers shall be
elected or appointed annually by the board of directors. Each officer shall hold office for
the term to which he or she is elected or appointed and until his or her successor shall have
been elected or appointed. If the bylaws so provide, any two or more offices may be held by
the same person, except the offices of president and secretary. (b) The governing documents
of the nonprofit corporation may provide that any one or more officers of the corporation
shall be ex officio members of the board of directors. (c) The...
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10A-3-6.01
Section 10A-3-6.01 Sale, lease, exchange, or mortgage of assets. A sale, lease, exchange, mortgage,
pledge or other disposition of all, or substantially all, the property and assets of a nonprofit
corporation may be made upon the terms and conditions and for the consideration, which may
consist in whole or in part of money or property, real or personal, including shares
of any corporation for profit, domestic or foreign, as may be authorized in the following
manner: (1) If there are members entitled to vote thereon, the board of directors shall adopt
a resolution recommending the sale, lease, exchange, mortgage, pledge or other disposition
and directing that it be submitted to a vote at a meeting of members entitled to vote thereon,
which may be either an annual or a special meeting. Written notice stating that the purpose,
or one of the purposes, of the meeting is to consider the sale, lease, exchange, mortgage,
pledge, or other disposition of all, or substantially all, the property...
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10A-3-7.18
Section 10A-3-7.18 Survival of remedy after dissolution. The dissolution of a nonprofit corporation
either (1) by the filing of the articles of dissolution by the Secretary of State, or (2)
by an order of court when the court has not liquidated the assets and affairs of the corporation
as provided in this chapter, or (3) by operation of law, or (4) by expiration of its period
of duration, shall not take away or impair any remedy available to or against the nonprofit
corporation, its directors, officers, or members, for any right or claim existing, or any
liability incurred, prior to the dissolution if action or other proceeding thereon is commenced
within two years after the date of the dissolution. Any action or proceeding by or against
the nonprofit corporation may be prosecuted or defended by the nonprofit corporation in its
corporate name. The members, directors, and officers shall have power to take the corporate
or other action as shall be appropriate to protect the remedy,...
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11-92A-9
Section 11-92A-9 Board of directors. (a) The board of directors of an authority shall be as
specified in the articles, or as provided in Sections 11-92A-5 and 11-92A-6, provided that
each county within the authorized operational area of an authority shall be represented by
at least three directors. (b) Each authority shall have a chairman, vice-chairman, secretary,
and treasurer, to be elected by the board of directors. The offices of secretary and treasurer
may, but need not, be held by the same person. A majority of the directors shall constitute
a quorum for the transaction of business. The officers and directors shall serve for the terms
provided for in the articles. No director shall draw any salary for any service rendered or
for any duty performed as director. The duties of the chairman, vice-chairman, secretary,
and treasurer shall be such as are customarily performed by such officers and as may be prescribed
by the board of directors from time to time. (c) All proceedings had...
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