10A-2-8.61
Section 10A-2-8.61 Judicial action. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A transaction effected or proposed to be effected by a corporation, or by a subsidiary of the corporation or any other entity in which the corporation has a controlling interest, that is not a director's conflicting interest transaction may not be enjoined, set aside, or give rise to an award of damages or other sanctions, in a proceeding by a shareholder or by or in the right of the corporation, because a director of the corporation, or any person with whom or which he or she has a personal, economic, or other association, has an interest in the transaction. (b) A director's conflicting interest transaction may not be enjoined, set aside, or give rise to an award of damages or other sanctions, in a proceeding by a shareholder or by or in the right of the corporation, because the director, or any person with whom or which he...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.61.htm - 1K - Match Info - Similar pages
10A-2-8.62
Section 10A-2-8.62 Directors' action. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Directors' action respecting a transaction is effective for purposes of Section 10A-2-8.61(b)(1) if the transaction received the affirmative vote of a majority, but no fewer than two, of those qualified directors on the board of directors or on a duly empowered committee of the board who voted on the transaction after either required disclosure to them, to the extent the information was not known by them, or compliance with subsection (b); provided that action by a committee is to be effective only if (1) all its members are qualified directors, and (2) its members are either all the qualified directors on the board or are appointed by the affirmative vote of a majority of the qualified directors on the board. (b) If a director has a conflicting interest respecting a transaction but neither the director nor a related person...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.62.htm - 2K - Match Info - Similar pages
10A-2-8.63
Section 10A-2-8.63 Shareholders' action. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Shareholders' action respecting a transaction is effective for purposes of Section 10A-2-8.61(b)(2) if a majority of the votes entitled to be cast by the holders of all qualified shares were cast in favor of the transaction after (1) notice to shareholders describing the director's conflicting interest transactions, (2) provision of the information referred to in subsection (d), and (3) required disclosure to the shareholders who voted on the transaction, to the extent the information was not known by them. (b) For purposes of this section, "qualified shares" means any shares entitled to vote with respect to the director's conflicting interest transaction except shares that, to the knowledge, before the vote, of the secretary, or other officer or agent of the corporation authorized to tabulate votes, are beneficially...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-8.63.htm - 2K - Match Info - Similar pages
16-25A-13
Section 16-25A-13 Advisory committee. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1983, No. 83-455, p. 640, §13.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-13.htm - 504 bytes - Match Info - Similar pages
16-55-21
Section 16-55-21 Creation. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1994, No. 94-688, p. 1322, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-55-21.htm - 492 bytes - Match Info - Similar pages
16-55-23
Section 16-55-23 Eligibility criteria. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-152 EFFECTIVE JUNE 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1994, No. 94-688, p. 1322, §4.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-55-23.htm - 504 bytes - Match Info - Similar pages
17-23-1
Section 17-23-1 Illegal voting or attempting to vote. THIS SECTION WAS REPEALED IN THE 2006 REGULAR SESSION BY ACT 2006-570. (Code 1876, §4289; Code 1886, §4185; Code 1896, §4692; Code 1907, §6788; Code 1923, §3906; Code 1940, T. 17, §302.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/17-23-1.htm - 571 bytes - Match Info - Similar pages
17-23-3
Section 17-23-3 Bribing or attempting to influence voter. THIS SECTION WAS REPEALED IN THE 2006 REGULAR SESSION BY ACT 2006-570. (Code 1876, §4292; Code 1886, §4187; Code 1896, §4694; Code 1907, §6790; Code 1923, §3908; Code 1940, T. 17, §304.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/17-23-3.htm - 575 bytes - Match Info - Similar pages
17-7-12
Section 17-7-12 Voting without registration and taking oath. THIS SECTION WAS REPEALED IN THE 2006 REGULAR SESSION BY ACT 2006-570. (Code 1876, §4291; Code 1886, §4186; Code 1896, §4693; Code 1907, §6789; Code 1923, §3907; Code 1940, T. 17, §303.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/17-7-12.htm - 578 bytes - Match Info - Similar pages
17-7-8
Section 17-7-8 Booths and place for holding election to be provided. THIS SECTION WAS REPEALED IN THE 2006 REGULAR SESSION BY ACT 2006-570. (Code 1896, §1616; Code 1907, §388; Code 1923, §478; Code 1940, T. 17, §164.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/17-7-8.htm - 537 bytes - Match Info - Similar pages
|