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11-20-71
Section 11-20-71 Board of directors; officers; proceedings; qualifications of directors. (a)
The board of directors of an agriculture authority shall be as specified in the articles and
in accordance with Section 11-20-70. (b) Each agriculture authority shall have a chair, vice
chair, 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. A director may not draw any salary for any service
rendered or for any duty performed as director. The duties of the chair, vice chair, secretary,
and treasurer shall be those as are customarily performed by such officers and as may be prescribed
by the board of directors from time to time. (c) All directors shall serve until their successors
are duly appointed or until they cease to be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-71.htm - 3K - Match Info - Similar pages
33-16-15
Section 33-16-15 Dissolution of authority. At any time when no duties or obligations of the
authority shall remain to be discharged, or when all duties and obligations remaining to be
discharged have been effectively delegated to public corporations, agencies and departments
of the state in accordance with Section 33-16-10, the authority may be dissolved upon the
filing with the secretary of state of an application for dissolution, which shall be subscribed
by each of the members of the authority, and which shall be sworn to by each such member before
an officer authorized to take acknowledgments to deeds. Upon the filing of said application
for dissolution, the authority shall cease and any property owned by it at the time of its
dissolution shall pass to the state. The Secretary of State shall file and record the application
for dissolution, in an appropriate book of record in his office, and shall make an issue,
under the Great Seal of the State, a certificate that the authority is...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-16-15.htm - 1K - Match Info - Similar pages
37-6-6
Section 37-6-6 Articles of incorporation - Generally. The articles of incorporation of a cooperative
shall recite in the caption that they are executed pursuant to this chapter, shall be signed
and acknowledged by each of the incorporators, and shall state: The name of the cooperative;
the address of its principal office; the names and addresses of the incorporators; the names
and addresses of the persons who shall constitute its first board of trustees; and any provisions
not inconsistent with this chapter deemed necessary or advisable for the conduct of its business
and affairs. Such articles of incorporation shall be submitted to the Secretary of State for
filing as provided in this chapter. It shall not be necessary to set forth in the articles
of incorporation of a cooperative the purpose for which it is organized or any of the corporate
powers vested in a cooperative under this chapter. (Acts 1939, No. 231, p. 371; Code 1940,
T. 18, §36.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-6-6.htm - 1K - Match Info - Similar pages
41-10-433
Section 41-10-433 Dissolution of authority. At any time when the incorporators named in this
article determine that the services provided by the authority are no longer of benefit to
the entities served by the authority and that all obligations of the authority have been paid
in full, the authority may be dissolved upon the filing with the Secretary of State of a written
statement for dissolution, which shall be subscribed by each of the incorporators of the authority
and which shall be sworn to by each such incorporator before an officer authorized to take
acknowledgements to deeds. Upon the filing of said written statement for dissolution, the
authority shall cease and any property or other asset owned by it at the time of dissolution
shall pass to the State of Alabama exclusively for purposes of Section 501(c)(3) of the Internal
Revenue Code. The Secretary of State shall file and record the written statement for dissolution
in an appropriate book of record in his or her office and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-433.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
10A-5-9.01
Section 10A-5-9.01 Merger and consolidation. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144
EFFECTIVE JANUARY 1, 2017. (a) Pursuant to any agreement, a domestic limited liability company
may merge or consolidate with or into one or more limited liability companies or other business
entities formed or organized under the laws of this state, any other state, the United States,
or any foreign jurisdiction, with the domestic limited liability company or the other business
entity being the surviving or resulting domestic limited liability company or other business
entity. Except as otherwise specifically provided for in the operating agreement, a merger
shall be approved by each domestic limited liability company which is to merge by all the
members at the time approval of the merger is voted on. (b) Notwithstanding prior approval,
an agreement of merger may be terminated prior to filing articles of merger with the Secretary
of State or amended pursuant to a provision for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-5-9.01.htm - 1K - Match Info - Similar pages
33-17-15
Section 33-17-15 Dissolution of authority. At any time when no duties or obligations of the
authority shall remain to be discharged, or when all duties and obligations remaining to be
discharged shall have been effectively delegated to public corporations, agencies and departments
of the state in accordance with Section 33-17-10, the authority may be dissolved upon the
filing with the Secretary of State of an application for dissolution, which shall be subscribed
by each of the members of the authority and which shall be sworn to by each such member before
an officer authorized to take acknowledgments to deeds. Upon the filing of said application
for dissolution, the authority shall cease and any property owned by it at the time of its
dissolution shall pass to the state. The Secretary of State shall file and record the application
for dissolution in an appropriate book of record in his office, and shall make and issue,
under the Great Seal of the State, a certificate that the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/33-17-15.htm - 1K - Match Info - Similar pages
41-10-406
Section 41-10-406 Dissolution of authority; title to property of authority to rest in state
upon dissolution of authority. At any time when the incorporators named in Section 41-10-393
determine that the services provided by the authority are no longer of benefit to the entities
served by the authority and that all obligations of the authority have been paid in full,
the authority may be dissolved upon the filing with the Secretary of State of a written statement
for dissolution, which shall be subscribed by each of the incorporators of the authority and
which shall be sworn to by each such incorporator before an officer authorized to take acknowledgements
to deeds. Upon the filing of said written statement for dissolution, the authority shall cease
and any property or other asset owned by it at the time of dissolution shall pass to the State
of Alabama exclusively for purposes of Section 501(c)(3) of the Internal Revenue Code. The
Secretary of State shall file and record the written...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-406.htm - 1K - Match Info - Similar pages
10-2B-7.06
Section 10-2B-7.06 Waiver of notice. (a) A shareholder may waive any notice required by the
Constitution of Alabama of 1901, this chapter, the articles 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 shareholder entitled to the notice, and be delivered to the corporation for inclusion
in the minutes or filing with the corporate records. (b) A shareholder's attendance at a meeting:
(1) Waives objection to lack of notice or defective notice of the meeting, unless the shareholder
at the beginning of the meeting objects to holding the meeting or transacting business at
the meeting; (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 shareholder
objects to considering the matter before action is taken on the matter. (Acts 1994, No. 94-245,
p. 343, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10-2B-7.06.htm - 1K - Match Info - Similar pages
10A-1-7.22
Section 10A-1-7.22 Transaction of business without registration; actions to restrain. (a) The
failure of a foreign filing entity to register to transact business in this state or to appoint
and maintain a registered agent in this state shall not impair the validity of any contract
or act of the foreign entity and shall not prevent the foreign entity from defending any action
or proceeding in any court of this state, but the foreign entity shall not maintain any action
or proceeding in any court of this state until it has delivered to the Secretary of State
for filing an application for registration or a statement of foreign limited liability partnership,
as applicable, in accordance with Section 10A-1-7.04. A foreign filing entity, by transacting
business in this state without filing an application for registration or a statement of foreign
limited liability partnership, as applicable, appoints the Secretary of State as its agent
for service of process with respect to causes of action...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-7.22.htm - 2K - Match Info - Similar pages
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