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10A-3-7.09
Section 10A-3-7.09 Involuntary dissolution - Venue and service of process. Every action for
the involuntary dissolution of a nonprofit corporation shall be commenced by the Attorney
General in the circuit court for the county in which the nonprofit corporation's principal
office is located in this state, and if none in this state, in the circuit court for the county
in which the nonprofit corporation's most recent registered office is located. Summons shall
issue and be served as in other civil actions. If process is returned not found, the Attorney
General shall cause publication to be made as in other civil cases in some newspaper published
in the county in which the nonprofit corporation's principal office is located in this state,
and if none in this state, in the county in which the nonprofit corporation's most recent
registered office is located, containing a notice of the pendency of the action, the title
of the court, the title of the action, and the date on or after which...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-7.09.htm - 2K - Match Info - Similar pages
10A-3-7.07
Section 10A-3-7.07 Involuntary dissolution - Grounds. A nonprofit corporation may be dissolved
involuntarily by an order of the circuit court of the county in which the principal office
of the nonprofit corporation in this state is located, and if none is located in this state,
the circuit court for the county in which the most recent registered office of the nonprofit
corporation is located in an action filed by the Attorney General when it is established that:
(1) The nonprofit corporation procured its certificate of formation through fraud; (2) The
nonprofit corporation has continued to exceed or abuse the authority conferred upon it by
law; (3) The nonprofit corporation has failed for 90 days to appoint and maintain a registered
agent in Alabama; or (4) The nonprofit corporation has failed for 90 days after change of
its registered agent to file in the office of the Secretary of State a statement of the change.
(Acts 1984, No. 84-290, p. 502, §54; §10-3A-146; amended and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-7.07.htm - 1K - Match Info - Similar pages
10A-3-7.10
court of the county in which the nonprofit corporation's principal office is located in this
state, and if none in this state, the circuit court for the county in which the nonprofit
corporation's most recent registered office is located shall have full power to liquidate
the assets and affairs of a nonprofit corporation: (1) In an action by a member or director
when it is established: a. That the directors are deadlocked in the management of the corporate
affairs and that irreparable injury to the nonprofit corporation is being suffered
or is threatened by reason thereof, and either that the members are unable to break the deadlock
or there are no members having voting rights; b. That the acts of the directors or those in
control of the nonprofit corporation are illegal, oppressive, or fraudulent; c. That the members
entitled to vote in the election of directors are deadlocked in voting power and have failed
for at least two years to elect successors to directors whose terms...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-7.10.htm - 2K - Match Info - Similar pages
10A-2A-14.11
Section 10A-2A-14.11 Procedure for judicial dissolution. (a) Venue for a proceeding by the
attorney general to dissolve a corporation lies in circuit court for the county in which the
corporation's principal office is located in this state, and if none in this state, in the
circuit court for the county in which the corporation's most recent registered office is located.
Venue for a proceeding brought by any other party named in Section 10A-2A-14.10(a) lies in
circuit court for the county in which the corporation's principal office is located in this
state, and if none in this state, in the circuit court for the county in which the corporation's
most recent registered office is located. (b) It is not necessary to make stockholders parties
to a proceeding to dissolve a corporation unless relief is sought against them individually.
(c) A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint
a receiver or custodian during the proceeding with all powers and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-14.11.htm - 1K - Match Info - Similar pages
10A-4-3.02
Section 10A-4-3.02 Death or disqualification of shareholder. (a) Upon the death of a shareholder
of a domestic professional corporation, or if a shareholder of a domestic professional corporation
becomes a disqualified person, or if shares of a domestic professional corporation are transferred
by operation of law or court decree to a disqualified person, the shares of the deceased shareholder
or of the disqualified person may be transferred to a qualified person and, if not so transferred,
shall be purchased or redeemed by the domestic professional corporation to the extent of funds
which may be legally made available for the purchase. (b) If the price for the shares is not
fixed by the governing documents of the domestic professional corporation or by private agreement,
the domestic professional corporation, within six months after the death or 30 days after
the disqualification or transfer, as the case may be, shall make a written offer to pay for
the shares at a specified price...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-4-3.02.htm - 7K - Match Info - Similar pages
11-65-2
Section 11-65-2 Definitions. (a) The following words and phrases used in this chapter, and
others evidently intended as the equivalent thereof, shall, unless the context clearly indicates
otherwise, have the following respective meanings: (1) ALABAMA-BRED. When this term is used
with reference to a horse, it means a horse which is registered in the registry designated
and administered by a commission in accordance with such rules concerning domicile and registration
requirements as may be established by such commission and which is either (i) foaled from
a mare domiciled in the state during the 10-year period beginning with January 1, 1991, or
(ii) sired by an Alabama stallion and foaled from a mare domiciled in the state at any time
after the expiration of such 10-year period. (2) ALABAMA STALLION. A stallion which is standing
in the state at the time he is bred to the dam of an Alabama-bred horse, which is registered
with a commission, and which is owned or leased by a resident of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-2.htm - 17K - Match Info - Similar pages
37-11A-1
by the Governor, or upon its otherwise becoming a law, and when the State of Mississippi ratifies
the compact. Article III. For purposes of this compact, the following terms shall have the
following meanings: (1) Person means an individual, a corporation, a partnership, or any other
entity. (2) Railroad means a common carrier by railroad as defined in Section 1(3) of Part
I of the Interstate Commerce Act [codified as 49 U.S.C. §1(3)]. (3) Railroad properties and
facilities mean any real or personal property or interest in property which is owned,
leased, or otherwise controlled by a railroad or other person, including, without limitation,
the authority, and which are used or are useful in rail transportation service, including,
without limiting the generality of the foregoing: a. Track, roadbed, and related structures,
including rail, ties, ballast, other track materials, grading, tunnels, bridges, trestles,
culverts, elevated structures, stations, office buildings used for operating...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-11A-1.htm - 33K - Match Info - Similar pages
10A-2A-14.10
is located may dissolve a corporation: (1) in a proceeding by the Attorney General if it is
established that: (i) the corporation obtained its certificate of incorporation through fraud;
or (ii) the corporation has continued to exceed or abuse the authority conferred upon it by
law; (2) in a proceeding by a stockholder if it is established that: (i) the directors are
deadlocked in the management of the corporate affairs, the stockholders are unable to break
the deadlock, and irreparable injury to the corporation is threatened or being suffered,
or the business and affairs of the corporation can no longer be conducted to the advantage
of the stockholders generally, because of the deadlock; (ii) the directors or those in control
of the corporation have acted, are acting, or will act in a manner that is illegal, oppressive,
or fraudulent; (iii) the stockholders are deadlocked in voting power and have failed, for
a period that includes at least two consecutive annual meeting dates, to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-14.10.htm - 3K - Match Info - Similar pages
10A-2-7.20
Section 10A-2-7.20 Shareholders' list for meeting. REPEALED IN THE 2019 REGULAR SESSION BY
ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) After
fixing a record date for a meeting, a corporation shall prepare an alphabetical list of the
names of all its shareholders who are entitled to notice of a shareholders' meeting. The list
must be arranged by voting group, and within each voting group by class or series of shares,
and show the address of and number of shares held by each shareholder. (b) The shareholders'
list must be available for inspection by any shareholder, beginning two business days after
notice of the meeting is given for which the list was prepared and continuing through the
meeting, at the corporation's principal office or, if the corporation's principal office is
located outside this state, at its registered office. A shareholder, his or her agent, or
attorney is entitled on written demand to inspect and, for a proper purpose, to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-7.20.htm - 2K - Match Info - Similar pages
10A-2A-7.20
Section 10A-2A-7.20 Stockholders' list for meeting. (a) After fixing a record date for a meeting,
a corporation shall prepare an alphabetical list of the names of all its stockholders who
are entitled to notice of a stockholders' meeting. If the board of directors fixes a different
record date under Section 10A-2A-7.07(e) to determine the stockholders entitled to vote at
the meeting, a corporation also shall prepare an alphabetical list of the names of all its
stockholders who are entitled to vote at the meeting. A list must be arranged by voting group
(and within each voting group by class or series of stock) and show the address of and number
of shares of stock held by each stockholder. If the corporation has an electronic mail address
for a stockholder and the corporation uses that electronic mail address to send notices and
other communications to that stockholder, then the corporation shall include that electronic
mail address on the stockholders' list. (b) The stockholders' list...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-7.20.htm - 4K - Match Info - Similar pages
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