10A-2-8.30
Section 10A-2-8.30 General standards for directors. REPEALED IN THE 2019 REGULAR SESSION BY
ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A director
shall discharge his or her duties as a director, including duties as a member of a committee:
(1) In good faith; (2) With the care an ordinarily prudent person in a like position would
exercise under similar circumstances; and (3) In a manner the director believes to be in the
best interests of the corporation. (b) In discharging his or her duties, a director is entitled
to rely on information, opinions, reports, or statements, including financial statements and
other financial data, if prepared or presented by: (1) One or more officers or employees of
the corporation whom the director reasonably believes to be reliable and competent in the
matters; (2) Legal counsel, public accountants, certified public accountants, or other persons
as to matters the director reasonably believes are within the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.30.htm - 2K - Match Info - Similar pages

10A-2-8.31
Section 10A-2-8.31 Fiduciary obligations not impaired. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Neither
an unqualified statement of rights or powers, nor an unqualified grant of authority in this
chapter, shall be taken or construed to abrogate, repeal, displace, modify or impair the fiduciary
obligations of directors or other officers or employees of a corporation, or of shareholders
having or exercising control thereof, or any function thereof, whether by reason of ownership
of a majority, or other controlling, interest therein, or otherwise, or the jurisdiction of
the courts to grant relief by way of injunction or otherwise, in order to forestall, prevent,
correct, remedy or allow damages for fraud, oppression, imposition or other inequitable or
remedial conduct in conformity with the applicable principles and practices of law. (Acts
1994, No. 94-245, p. 343, §1; §10-2B-8.31; amended and renumbered...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.31.htm - 1K - Match Info - Similar pages

11-44-23
Section 11-44-23 Powers and authority of board of commissioners upon organization of commission
form of government; abolition of certain boards, commissions, and officers; continuation of
corporate existence, etc., of municipality. Repealed by Act 2016-295, §1(a), effective May
10, 2016. (Acts 1911, No. 504, p. 591; Code 1923, §2346; Code 1940, T. 37, §45.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44-23.htm - 676 bytes - Match Info - Similar pages

11-44-46
Section 11-44-46 Officers or employees not to be interested in contracts for services, etc.,
for municipality or railway, gas works, etc., therein. Repealed by Act 2016-295, §1(a), effective
May 10, 2016. (Acts 1911, No. 504, p. 591; Code 1923, §2381; Code 1940, T. 37, §77.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44-46.htm - 592 bytes - Match Info - Similar pages

11-44-85
Section 11-44-85 Appointment, etc., of officers and employees generally; distribution of executive
and administrative powers and duties among departments. Repealed by Act 2016-295, §1(a),
effective May 10, 2016. (Acts 1935, No. 505, p. 1083; Code 1940, T. 37, §97; Acts 1955, No.
557, p. 1219.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44-85.htm - 606 bytes - Match Info - Similar pages

12-25-37
Section 12-25-37 Post-release supervision. (a) An offender sentenced based on the voluntary
truth-in-sentencing standards is released from incarceration to post-release supervision on
the date equivalent to the expiration of the minimum term of sentence plus any additional
time added by the Department of Corrections on the offender's extended term of sentence. In
no event, however, shall an offender's initial release date be later than the date equivalent
to the extended term less the time equivalent to the period of post-release supervision. (b)
An offender may not refuse post-release supervision. (c) An offender whose offense was committed
after the effective date of the voluntary truth-in-sentencing standards but whose sentence
of active incarceration was a departure from the standards, shall be released to post-release
supervision one year prior to the date calculated as the end of the offender's sentence. (d)
Before an offender is released to post-release supervision, the Board of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-25-37.htm - 1K - Match Info - Similar pages

31-2-127
Section 31-2-127 Enforcement of attendance of officers and enlisted men called into active
military service of state. Repealed by Act 2012-334, p. 790, §1, Art. 147, effective January
10, 2014. (Acts 1936, Ex. Sess., No. 143, p. 105; Code 1940, T. 35, §179; Acts 1973, No.
1038, p. 1572, §128.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/31-2-127.htm - 611 bytes - Match Info - Similar pages

4-2A-10
Section 4-2A-10 Publication of bond notice; specific time after publication in which actions
and defenses may be asserted against bonds. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152
EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1991, No. 91-667,
p. 1275, §10.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-2A-10.htm - 602 bytes - Match Info - Similar pages

4-2A-15
Section 4-2A-15 Bonds as legal investments for state, public officers, public corporations,
financial institutions, insurance companies, fiduciaries, etc. REPEALED IN THE 2018 REGULAR
SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(Acts 1991, No. 91-667, p. 1275, §15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-2A-15.htm - 620 bytes - Match Info - Similar pages

4-2A-5
Section 4-2A-5 Members of authority; terms of appointment; board of directors; quorum; meetings;
proceedings of board, reimbursement; impeachment; officers; State Treasurer as custodian of
funds. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS
NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1991, No. 91-667, p. 1275, §5; Acts 1992, No. 92-443,
p. 899, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-2A-5.htm - 699 bytes - Match Info - Similar pages