|
11-89A-6
Section 11-89A-6 Board of directors of authority; election; terms of office; vacancies; qualifications;
expenses; meetings; notice and waiver; resolutions; impeachment. (a) Each authority shall
have a board of directors composed of the number of directors provided in the certificate
of incorporation, as most recently amended; provided, however, that in the case of any authority
in existence and incorporated prior to May 11, 1989, the board shall consist of three directors
who shall be elected by the governing body of the determining subdivision for staggered terms
in accordance with the provisions of law as it existed immediately prior to the aforesaid
effective date unless such authority shall otherwise amend its certificate of incorporation
pursuant to the provisions of Section 11-89A-5. Unless provided to the contrary in its certificate
of incorporation, all powers of the authority shall be exercised, and the authority shall
be governed, by the board or pursuant to its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-6.htm - 5K - Match Info - Similar pages
22-21-316
Section 22-21-316 Board of directors; qualifications; election or appointment; terms; vacancies;
reimbursement for expenses; quorum; regular, special and called meetings; waiver of notice;
record of proceedings; use as evidence; removal from office. (a) Each authority shall have
a board of directors composed of the number of directors provided in the certificate of incorporation,
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised, and the authority shall be governed, by the
board or pursuant to its authorization. Subject to the provisions of subdivision (9) of subsection
(b) of Section 22-21-314, the board shall consist of directors having such qualifications,
being elected or appointed by such person or persons (including, without limitation, the board
itself, the governing body or bodies of one or more authorizing subdivisions or other counties
and municipalities, and other entities or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-316.htm - 4K - Match Info - Similar pages
10A-2-11.03
Section 10A-2-11.03 Action on plan. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) After adopting a plan of
merger or share exchange, the board of directors of each corporation party to the merger,
and the board of directors of the corporation whose shares will be acquired in the share exchange,
shall submit the plan of merger, except as provided in subsection (g), or share exchange for
approval by its shareholders. (b) For a plan of merger or share exchange to be approved: (1)
The board of directors must recommend the plan of merger or share exchange to the shareholders,
unless the board of directors determines that because of conflict of interest or other special
circumstances it should make no recommendation and communicates the basis for its determination
to the shareholders with the plan; and (2) The shareholders entitled to vote must approve
the plan. (c) Subject to the corporation's articles of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-11.03.htm - 5K - Match Info - Similar pages
10A-2-12.01
Section 10A-2-12.01 Sale of assets in regular course of business and mortgage of assets. REPEALED
IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT
CODE SUPPLEMENT. (a) Subject to the limitations of the Constitution of Alabama of 1901, as
the same may be amended from time to time, a corporation may, on the terms and conditions
and for the consideration determined by the board of directors: (1) Sell, lease, exchange,
or otherwise dispose of all, or substantially all, of its property in the usual and regular
course of business; (2) Mortgage, pledge, dedicate to the repayment of indebtedness, whether
with or without recourse, or otherwise encumber any or all of its property whether or not
in the usual and regular course of business; or (3) Transfer any or all of its property to
a corporation all the shares of which are owned by the corporation. (b) Unless the articles
of incorporation require it, approval by the shareholders of a transaction...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-12.01.htm - 1K - Match Info - Similar pages
11-50-13
Section 11-50-13 Transfer of waterworks, sewer, electric, and gas plants, etc., to boards organized
and incorporated to own and operate same. (a) Each municipality in Alabama which now or hereafter
owns a waterworks plant and system, a sewer plant and system, an electric plant and system,
and a gas plant and system, or any one or more thereof, is hereby authorized to transfer and
convey one or more of such plants and systems or any part or parts of such plants and systems
or any rights incidental thereto, without the necessity of authorization at an election of
the qualified voters of such municipality, to a board which is a public corporation organized
and incorporated under Sections 11-50-231 through 11-50-238, 11-50-240 and 11-50-241, as amended,
or under any act providing for the incorporation of like boards to own and operate any waterworks
plant or system, any sewer plant or system, any electric plant or system, or any gas plant
or system, whether such board was incorporated with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-13.htm - 1K - Match Info - Similar pages
11-89-6
Section 11-89-6 Board of directors. Each district shall be governed by a board of directors.
All powers of the district shall be exercised by the board or pursuant to its authorization.
Subject to the provisions of Sections 11-89-3 and 11-89-4, the board shall consist initially
of that number of directors, apportioned among and elected by the authorizing subdivisions,
as shall be specified in the certificate of incorporation of the district. The initial term
of office of each such director shall begin immediately upon his election and shall end at
12:01 A.M. on the fourth anniversary date of the filing for record of the certificate of incorporation
of the district. Thereafter, the term of office of each such director shall be four years;
provided however, each county commission may, if they desire, number the place of each director
and prescribe one-, two-, three-or four-year terms for each place so as to stagger the terms
of office of the directors. If any amendment to the certificate...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-6.htm - 4K - Match Info - Similar pages
11-99B-6
Section 11-99B-6 Board of directors. (a) Each district shall be governed by a board of directors.
All powers of the district shall be exercised by the board or pursuant to its authorization.
Subject to the provisions of Sections 11-99B-4 and 11-99B-5, the board shall consist initially
of that number of directors, apportioned among and elected by the authorizing subdivisions,
as shall be specified in the certificate of incorporation of the district. The initial term
of office of each such director shall begin immediately upon his or her election and shall
end at 12:01 A.M. on the fourth anniversary date of the filing for record of the certificate
of incorporation of the district. Thereafter, the term of office of each such director shall
be four years. (b) If any amendment to the certificate of incorporation of the district shall
increase the membership of the board, the board shall thereafter consist of such number of
directors, elected by such governing bodies, as may be specified in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-6.htm - 3K - Match Info - Similar pages
22-21-73
Section 22-21-73 Incorporation - Certificate of incorporation - Form and contents; approval
by county commission; validation of certain certificates of incorporation. (a) The certificate
of incorporation shall state: (1) The name of the corporation, which shall be "_____
County Hospital Board," if such name is available for use by the corporation and, if
not available, then the incorporators shall designate some other similar name that is available;
provided, that if the corporate functions of the corporation are to be exercised in a portion
only of the county, the corporate name of the corporation shall be a name that is appropriate
for the area in which such functions are to be exercised; (2) The location of its principal
office and the post office address thereof; (3) The number of directors, which number shall
be a multiple of three and shall be not less than nine, except that, in counties having a
population of less than 50,000 inhabitants according to the 1950 or any subsequent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-73.htm - 4K - Match Info - Similar pages
40-3-2
Section 40-3-2 Selection of members; terms of office. (a) This subsection shall apply to every
county in the state except a county subject to the provisions of subsection (b) of this section.
During the month of August, 1943, and during the month of August of each fourth year thereafter,
the county commission of each county, the county board of education and the governing body
of the largest municipality in each county shall each submit in writing to the state Commissioner
of Revenue the names of three persons, and the governing body of each other incorporated municipality
within the county shall, in like manner, submit the name of one person, all of whom are residents
of the county, who are each owners of taxable property which is located within this state,
who are each qualified electors in said county and who are, in the opinion of said nominating
body, persons competent to serve as members of the county board of equalization. In those
counties where there is no incorporated...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-3-2.htm - 8K - Match Info - Similar pages
45-25-250.02
Section 45-25-250.02 Amendment of certificate of incorporation. (a) The certificate of incorporation
of the authority incorporated under this article may at any time and from time to time be
amended in the manner provided in this section. (b)(l) The board of directors of the authority
shall first adopt a resolution proposing an amendment to the certificate of incorporation
which shall be set forth in full in the resolution and which amendment may include: a. A change
in the name of the authority. b. The addition to the service area of the authority of new
territory lying within DeKalb County. c. Provisions for the operation of a system or facility
the operation of which is not then provided for in the certificate of incorporation of the
authority and which the authority is authorized by this article to operate. d. Any matters
which might have been included in the original certificate of incorporation. e. Provisions
for the addition to the service area of the authority of new territory...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-25-250.02.htm - 5K - Match Info - Similar pages
|