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
2-10-57
Section 2-10-57 Amendments to articles of incorporation. The articles of incorporation or charter of any cooperative or mutual association of farmers organized under the provisions of this article may be altered or amended at any regular meeting of the members or at any special meeting called for that purpose; provided that a quorum shall be present as defined in the bylaws or other governing rules. The amendment must first be approved by two thirds of the directors or other governing body and then adopted by vote of two thirds of the members present and voting at the meeting. Amendments to the articles of incorporation, when so adopted, shall be filed in accordance with the provisions of the general corporation laws of the state. (Acts 1921, Ex. Sess., No. 31, p. 38; Code 1923, §7134; Acts 1935, No. 222, p. 612; Code 1940, T. 2, §92.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-57.htm - 1K - Match Info - Similar pages
27-27-43
Section 27-27-43 Mutualization of stock insurers. (a) A stock insurer other than a title insurer may become a mutual insurer under such plan and procedure as may be approved by the commissioner after a hearing thereon. (b) The commissioner shall not approve any such plan, procedure, or mutualization unless: (1) It is equitable to stockholders and policyholders; (2) It is subject to approval by the holders of not less than three-fourths of the insurer's outstanding capital stock having voting rights and by not less than three-fourths of the insurer's policyholders who vote on such plan in person, by proxy, or by mail pursuant to such notice and procedure as may be approved by the commissioner; (3) If a life insurer, the right to vote thereon is limited to holders of policies other than term or group policies and whose policies have been in force for more than one year; (4) Mutualization will result in retirement of shares of the insurer's capital stock at a reasonable price as specified...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-43.htm - 2K - Match Info - Similar pages
27-27-49
Section 27-27-49 Distribution of assets upon liquidation of domestic mutual insurer. (a) Upon any liquidation of a domestic mutual insurer, its assets remaining after discharge of its indebtedness, policy obligations, repayment of contributed or borrowed surplus, if any, and expenses of administration shall be distributed to existing persons who were its members at any time within 36 months next preceding the date such liquidation was authorized or ordered or date of last termination of the insurer's certificate of authority, whichever date is the earlier; except, that if the commissioner has reason to believe that those in charge of the management of the insurer have caused or encouraged the reduction of the number of members of the insurer in anticipation of liquidation and for the purpose of reducing thereby the number of persons who may be entitled to share in distribution of the insurer's assets, he may enlarge the 36-month qualification period provided for in this subsection by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-49.htm - 1K - Match Info - Similar pages
10A-2A-8.24
Section 10A-2A-8.24 Quorum and voting. (a) Unless the certificate of incorporation or bylaws provide for a greater or lesser number or unless otherwise expressly provided in this chapter, a quorum of a board of directors consists of a majority of the number of directors specified in or fixed in accordance with the certificate of incorporation or bylaws. (b) The quorum of the board of directors specified in or fixed in accordance with the certificate of incorporation or bylaws may not consist of less than one-third of the specified or fixed number of directors. (c) If a quorum is present when a vote is taken, the affirmative vote of a majority of directors present is the act of the board of directors unless the certificate of incorporation or bylaws require the vote of a greater number of directors or unless otherwise expressly provided in this chapter. (d) A director who is present at a meeting of the board of directors or a committee when corporate action is taken is deemed to have...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-8.24.htm - 1K - Match Info - Similar pages
11-44E-51
Section 11-44E-51 Meetings of commission; mayor to preside; quorum; majority vote requirement; enactment of resolutions, bylaws, and ordinances; record of proceedings; publication of ordinances. The commission shall hold regular public meetings at a regular hour to be fixed by ordinance of said commission. It may hold such adjourned, called, special, or other meetings as the business of the city may require. The mayor when present, shall preside at all meetings of said commission. A majority of the commission members elected shall constitute a quorum for the transaction of any and every power conferred upon said commission, and affirmative vote of a majority of those members present shall be sufficient for the passage of any resolution, bylaw, or ordinance, or the transaction of any business of any sort by the said commission or the exercise of any of the powers conferred upon it by the terms of this chapter or by law, or which may hereafter be conferred upon it. No resolution, bylaw,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-44E-51.htm - 2K - Match Info - Similar pages
2-10-60
Section 2-10-60 Selection of directors; contracts with association; vacancies. The affairs of an association shall be managed by a board of not less than five directors, elected by the members or stockholders from their own number. The bylaws may provide that the territory in which the association has members shall be divided into districts and that the directors shall be elected according to such districts. In such case, the bylaws shall specify the number of directors to be elected by each district and the manner and method of reapportioning the directors and redistricting the territory covered by the association. The bylaws may provide that primary elections shall be held in each district to elect the directors apportioned to such districts and the results of all such primary elections must be ratified by the next regular meeting of the association. The bylaws may provide that one or more directors may be appointed by the Commissioner of Agriculture and Industries, the President of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-60.htm - 2K - Match Info - Similar pages
29-6-2
Section 29-6-2 Composition. (a) The President of the Senate shall be a member of the Legislative Council but may vote on issues before the Legislative Council only in the case of a tie. At its first meeting during each quadrennium and at such other times as necessary, the Legislative Council shall elect a chair and vice chair from among the membership of the council. The position of chair shall alternate between a member of the Senate and a member of the House of Representatives every two years. To the extent possible, membership of the council shall be inclusive and reflect the racial, gender, geographic, urban/rural, and economic diversity of the state. (b) Within 10 days after the membership of the Legislative Council is determined: (1) The Legislative Council shall convene at a place and time designated by the President of the Senate in written notice given to each member to select a chair and vice chair from the membership. The Legislative Council shall meet thereafter at the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/29-6-2.htm - 3K - Match Info - Similar pages
45-48-101.22
Section 45-48-101.22 Boundaries of districts. (a) Following the release of any federal decennial census, the board, by majority vote, may change the boundaries of the districts in order to create single-member districts that comply with the one-person, one-vote requirement of the United States Constitution and may provide that members be elected from single-member districts, reside within those districts, and be elected by majority vote of the electors voting in the district. Any revised district arrangement to be used, in whole or in part, shall be approved by the board not less than 180 days before the election in which the revised districts shall first be used. (b) No change to the boundaries of existing districts shall be adopted by the board unless the board first shall have advertised in a newspaper of general circulation in Marshall County for at least two consecutive weeks the time and place of the meeting at which the change shall be voted upon. The advertisement shall include...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-48-101.22.htm - 2K - Match Info - Similar pages
45-49-72.05
Section 45-49-72.05 Meetings; recordkeeping. The County Commission of Mobile County shall hold regular meetings on the second Monday of every month, and shall remain in session until all business before them is disposed of; and the commissioners may hold such special meetings, upon the call of its president or the two associate commissioners, as may be necessary for the proper discharge of their duties. A majority of the commission shall constitute a quorum for the transaction of business. The commission shall keep complete and accurate written minutes of all meetings, business transacted, and resolutions adopted; and there shall be recorded therein the vote of each member. At each meeting the minutes of the previous meeting shall be read, and all minutes shall be open to public inspection at reasonable times. (Acts 1957, No. 181, p. 233, § 1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-72.05.htm - 1K - Match Info - Similar pages
|