Code of Alabama

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10A-2-8.43
Section 10A-2-8.43 Resignation and removal of officers. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
An officer may resign at any time by giving notice to the corporation. A resignation is effective
when the notice is given unless the notice specifies a later effective date. If a resignation
is made effective at a later date and the corporation accepts the future effective date, its
board of directors may fill the pending vacancy before the effective date if the board of
directors provides that the successor does not take office until the effective date. (b) A
board of directors may remove any officer at any time with or without cause. (Acts 1994, No.
94-245, p. 343, §1; §10-2B-8.43; amended and renumbered by Act 2009-513, p. 967, §122.)...

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11-3-3
Section 11-3-3 Bond of commissioners. Repealed by Act 2009-744, p. 2229, §2, effective May
22, 2009. (Acts 1932, Ex. Sess., No. 290, p. 284; Acts 1933, Ex. Sess., No. 191, p. 203; Code
1940, T. 41, §75; Act 2007-488, p. 1037, §1.)...
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41-5-5
Section 41-5-5 Chief Examiner - Oath of office; bond. REPEALED IN THE 2018 REGULAR SESSION
BY ACT 2018-129 EFFECTIVE FEBRUARY 22, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts
1947, No. 351, p. 231, §5.)...
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41-9-784
Section 41-9-784 Additional authority and power. REPEALED IN THE 2018 REGULAR SESSION BY ACT
2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1984, No.
84-292, p. 551, §5.)...
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5-16-14
Section 5-16-14 Directors, officers and employees. Repealed by Act 2015-70 effective April
21, 2015. (Acts 1939, No. 459, p. 616; Code 1940, T. 5, §220; Acts 1943, No. 107, p. 107.)...

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10A-2-8.42
Section 10A-2-8.42 Standards of conduct for officers. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
An officer with discretionary authority shall discharge his or her duties under that authority:
(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 he or she reasonably believes to
be in the best interests of the corporation. (b) In discharging his or her duties an officer
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 officer reasonably believes to be reliable and competent
in the matters presented; or (2) Legal counsel, public accountants, certified public accountants,
or other persons as to matters the officer reasonably believes are...
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10A-2-8.44
Section 10A-2-8.44 Contract rights of officers. REPEALED IN THE 2019 REGULAR SESSION BY ACT
2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The appointment
of an officer does not itself create contract rights. (b) An officer's removal does not affect
the officer's contract rights, if any, with the corporation. An officer's resignation does
not affect the officer's contract rights, if any, with the corporation. (Acts 1994, No. 94-245,
p. 343, §1; §10-2B-8.44; amended and renumbered by Act 2009-513, p. 967, §122.)...
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11-50-505
Section 11-50-505 Bond or securities of depository. Repealed by Act 2000-748, p. 1669, §3,
effective January 1, 2001. (Acts 1939, No. 463, p. 675; Code 1940, T. 18, §75.)...
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11-8-14
Section 11-8-14 Appointment of officers and employees. Repealed by Act 2007-488, p. 1037, §2,
effective September 1, 2007. (Acts 1935, No. 379, p. 803; Code 1940, T. 12, §89.)...
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16-24-5
Section 16-24-5 Transfer of teacher - Authorized; notice; conditions. Repealed by Act 2011-270,
p. 494, §14, effective July 1, 2011. (Acts 1939, No. 499, p. 759, §5; Code 1940, T. 52,
§355; Acts 1953, No. 773, p. 1040, §1; Act 2004-566, p. 1330, §1.)...
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