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10-9C-1103
Section 10-9C-1103 Action on plan of conversion by converting limited partnership. All provisions
of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act
2009-621, p. 1805, §1.)...
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10A-9-11.03
Section 10A-9-11.03 Action on plan of conversion by converting limited partnership. Repealed
by Act 2016-379, §5, effective January 1, 2017. (Act 2009-621, p. 1805, §1.)...
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10A-2A-2.04
Section 10A-2A-2.04 Organization of corporation. (a) After incorporation: (1) if initial directors
are named in the certificate of incorporation, the initial directors shall hold an organizational
meeting, at the call of a majority of the directors, to complete the organization of the corporation
by appointing officers, adopting bylaws, and carrying on any other business brought before
the meeting; or (2) if initial directors are not named in the certificate of incorporation,
the incorporator or incorporators shall hold an organizational meeting at the call of a majority
of the incorporators: (i) to elect initial directors and complete the organization of the
corporation; or (ii) to elect a board of directors who shall complete the organization of
the corporation. (b) Action required or permitted by this chapter to be taken by incorporators
at an organizational meeting may be taken without a meeting if the action taken is evidenced
by one or more written consents describing the action...
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10A-2-2.05
Section 10A-2-2.05 Organization of corporation. REPEALED IN THE 2019 REGULAR SESSION BY ACT
2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) After incorporation
the initial directors shall hold an organizational meeting, at the call of a majority of the
directors, to complete the organization of the corporation by appointing officers, adopting
bylaws, unless the power to adopt initial bylaws has been reserved to the shareholders in
the articles of incorporation, and carrying on any other business brought before the meeting.
(b) An organization meeting may be held in or out of this state. (Acts 1994, No. 94-245, p.
343, §1; §10-2B-2.05; amended and renumbered by Act 2009-513, p. 967, §89.)...
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36-26-36.1
Section 36-26-36.1 Conversion of unused sick leave into membership service for retirement purposes.
(a) Any Tier I plan member of the Teachers' or Employees' Retirement System of Alabama not
otherwise covered by a provision to convert unused sick leave into membership service for
purposes of service retirement may, at their option and in lieu of receiving payment for 50
percent of their accrued and unused sick leave at the time of their retirement as provided
in Section 36-26-36, or any other payment that may be provided for such unused sick leave,
use their accrued sick leave, up to a maximum number of 180 accrued sick leave days or as
otherwise allowed by law, whichever is greater, to be included as membership service in determining
the total years of creditable service in the Employees' Retirement System of Alabama or the
Teachers' Retirement System of Alabama; provided that no employee of an employer participating
in the Employees' Retirement System pursuant to Section 36-27-6...
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27-35-10
Section 27-35-10 Conversion into stock or mutual life insurance company - Obligation to holders
of policies or certificates; pending actions. (a) The reorganized and converted corporation
shall be obligated to carry out and perform all of the obligations of every kind and character
owing by the former fraternal benefit society to the holders of its policies or beneficial
certificates, and the same may be enforced against it to the same extent as if the policies
and beneficial certificates had been issued by it after such conversion. (b) Any pending actions
wherein the former fraternal benefit society was a party shall be unaffected by the conversion
thereof and shall be prosecuted by or against such reorganized and converted corporation the
same as if the conversion had not taken place. (Acts 1927, No. 537, p. 624; Acts 1971, No.
407, p. 707, §736.)...
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27-35-7
Section 27-35-7 Conversion into stock or mutual life insurance company - Provisions for certificate
holders to subscribe to stock. If the fraternal benefit society is to be converted into a
stock life insurer, the plan of conversion shall make reasonable provisions under which each
adult certificate holder of the society shall have the preemptive right to subscribe to and
purchase that proportion of the total authorized capital which the amount of his insurance
bears to the society's total insurance in force at a date to be specified in such plan; except,
that if more than 75 percent of the society's adult certificate holders are residents of this
state, such preemptive right may, in the commissioner's discretion, under the plan be limited
to such residents. (Acts 1927, No. 537, p. 624; Acts 1971, No. 407, p. 707, §733.)...
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41-22-4
Section 41-22-4 Adoption by agencies of rules governing organization, practice, etc.; public
access to rules, orders, etc.; effect of rules, orders, etc., not made available to public.
(a) In addition to the other rulemaking requirements imposed by law, each agency shall: (1)
Adopt as a rule a description of its organization, stating the general course and method of
its operations and the methods whereby the public may obtain information or make submissions
or requests; (2) Adopt rules of practice setting forth the nature and requirements of all
formal and informal procedures available, including a description of all forms and instructions
used by the agency; (3) Make available for public inspection and copying, at cost, all rules
and all other written statements of policy or interpretations formulated, adopted or used
by the agency in the discharge of its functions; (4) Make available for public inspection
and copying, at cost, and index by name and subject all final orders,...
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27-27-44
Section 27-27-44 Conversion of mutual insurer into stock insurer. (a) A mutual insurer may
become a stock insurer under such plan and procedure as may be approved by the commissioner
after a hearing thereon. (b) The commissioner shall not approve any such plan or procedure
unless: (1) It is equitable to the insurer's members; (2) It is subject to approval by vote
of not less than three-fourths of the insurer's current members voting thereon in person,
by proxy, or by mail at a meeting of members called for the purpose pursuant to such reasonable
notice and procedure as may be approved by the commissioner; if a life insurer, right to vote
may be limited to members who hold policies other than term or group policies and whose policies
have been in force for not less than one year; (3) The equity of each policyholder in the
insurer is determinable under a fair formula approved by the commissioner, which such equity
shall be based upon not less than the insurer's entire surplus, after...
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27-35-3
Section 27-35-3 Conversion into stock or mutual life insurance company - Notice to subordinate
lodges or branches. After the plan of conversion has been approved by the commissioner, the
society shall mail notice by registered or certified mail to all of its subordinate lodges
or branches, by whatever name called, stating that a proposal will be made at a meeting of
the supreme governing or legislative body of the society, to be held at least 90 days after
the mailing of the notice, to convert the society into a stock or mutual life insurer and
enclosing a copy of the proposed plan of conversion. (Acts 1927, No. 537, p. 624; Acts 1971,
No. 407, p. 707, §729.)...
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