|
10A-2A-9.12
after the conversion. (e) Unless the certificate of incorporation, or the board of directors
acting pursuant to subsection (c), requires a greater vote or a greater quorum, approval of
the plan of conversion requires (i) the approval of the stockholders at a meeting at which
a quorum exists consisting of a majority of the votes entitled to be cast on the plan, and
(ii) the approval of each class or series of stock voting as a separate voting group at a
meeting at which a quorum of the voting group exists consisting of a majority of the votes
entitled to be cast on the plan by that voting group. (f) If as a result of the conversion
one or more stockholders of the converting corporation would become subject to personal
liability, approval of the plan of conversion shall require the signing in connection with
the transaction, by each stockholder who would become subject to personal liability,
of a separate written consent to become subject to personal liability. (Act 2019-94,
ยง1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-9.12.htm - 2K - Match Info - Similar pages
27-6B-4
Section 27-6B-4 Contract requirements. (a) Unless there is a written contract between the controlling
producer and the insurer approved by the board of directors of the insurer and specifying
the responsibilities of each party, a controlled insurer shall not accept business from a
controlling producer and a controlling producer shall not place business with a controlled
insurer. The contract between a controlling producer and a controlled insurer shall, as a
minimum, contain all of the following: (1) A provision that, upon written notice to the controlling
producer, the controlled insurer may terminate the contract for cause. The controlled insurer
shall suspend the authority of the controlling producer to write business during any pending
dispute regarding the cause for the termination. (2) A provision requiring the controlling
producer to give a detailed accounting to the controlled insurer on any material transaction,
including information necessary to support all commissions,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-6B-4.htm - 7K - Match Info - Similar pages
45-20-90
Section 45-20-90 Covington County Industrial Development Authority. (a) There is created the
Covington County Industrial Development Authority. The authority is created for the purpose
and has the responsibility of aiding and assisting current industries and coordinating efforts
of all municipal and county agencies of Covington County, as well as aiding organizations
in the development of new industries which shall provide job opportunities for the citizens
of Covington County, Alabama. (b)(l) The authority shall be governed by a board of directors
consisting of seven members. Two of the members shall be appointed by the Chair of the Covington
County Commission. Two of the members shall be appointed by the Mayor of the City of Andalusia.
Two members shall be appointed by the Mayor of the City of Opp, and one member shall be appointed
by the Mayor of the City of Florala. Subsequently, vacancies on the board shall be appointed
by the same appointing authority who made the initial...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-20-90.htm - 3K - Match Info - Similar pages
45-24-90
Section 45-24-90 Selma and Dallas County Economic Development Authority. (a) In Dallas County,
there is created the Selma and Dallas County Economic Development Authority. The authority
is created for the purpose and has the responsibility of aiding and assisting current industries
and coordinating efforts of all municipal and county agencies of Dallas County, Alabama, as
well as aiding organizations in the development of new industries which will provide job opportunities
for the citizens of the City of Selma and Dallas County, Alabama. (b)(l) The authority shall
be governed by a board of directors consisting of five members. Three of the five members
shall be appointed by the Mayor of the City of Selma and the Judge of Probate of Dallas County.
One member shall be appointed by the Craig Field Airport and Industrial Authority and one
member shall be appointed by the Selma and Dallas County Chamber of Commerce. There shall
be racial minority representation on the board. Subsequently,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-24-90.htm - 3K - Match Info - Similar pages
9-17-110
Section 9-17-110 Liquefied Petroleum Gas Research and Education Advisory Committee. (a) The
Liquefied Petroleum Gas Research and Education Advisory Committee is created. The committee
shall consist of five members as follows: Two members shall be industrial members of the LP-Gas
Board appointed by the board chair; two members shall be either a dealer or a dealer's manager
who is a member of the Alabama Propane Gas Association appointed by the association's board
of directors; the fifth member shall be the Chair of the LP-Gas Board who shall serve as chair
of the committee. The board administrator shall serve as the executive director of the committee.
(b) The term of office of the appointed committee members shall be one year. Members may serve
successive terms. Appointed members of the committee shall take office on the date of the
July board meeting each year. (c) No member of the committee shall receive per diem or expense
allowance. (d) The committee may adopt all necessary rules...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-110.htm - 3K - Match Info - Similar pages
10A-3-5.03
Section 10A-3-5.03 Approval of merger or consolidation. (a) A plan of merger or consolidation
shall be adopted in the following manner: (1) If the members of any merging or consolidating
nonprofit corporation are entitled to vote thereon, the board of directors of the nonprofit
corporation shall adopt a resolution approving the proposed plan and directing that it be
submitted to a vote at a meeting of members entitled to vote thereon, which may be either
an annual or a special meeting. Written notice setting forth the proposed plan or a summary
thereof shall be given to each member entitled to vote at the meeting within the time and
in the manner provided in this chapter for the giving of notice of meeting of members. The
proposed plan shall be adopted upon receiving at least two-thirds of the votes entitled to
be cast by members present or represented by proxy at the meeting. (2) If any merging or consolidating
nonprofit corporation has no members, or no members entitled to vote...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-5.03.htm - 1K - Match Info - Similar pages
11-91A-4
Section 11-91A-4 Transfer of responsibility and control of program; membership of board. (a)
Notwithstanding the provisions of Section 36-29-14, the board shall have exclusive responsibility
and control over the program as of 12:01 a.m. on January 1, 2015. In order to make proper
preparation to assume all responsibility and control for the program effective at 12:01 a.m.
on January 1, 2015, the board shall be in place no later than September 1, 2014, and shall
hold its organizational meeting no later than October 1, 2014. The SEIB shall be responsible
for setting and conducting the initial board elections required under subsection (c) and for
ensuring that all appointing authorities for board appointments as set out in subsection (c)
are notified of appointments to be made pursuant to this chapter. In order to ensure that
all board members are appointed or elected no later than September 1, 2014, all appointments
shall be made and all elections conducted no later than August 15, 2014....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-91A-4.htm - 4K - Match Info - Similar pages
2-10-101
Section 2-10-101 How federation organized and managed. Five or more associations or corporations
organized under this article, or whose purposes and operations are in any way promotive of,
and not inconsistent with, the purposes of this article, whether incorporated under this article
or not, may organize and incorporate a federation with such incorporated associations as members
thereof, such incorporated federation to be managed by a board of directors to be composed
of representatives of such constituent member associations. The articles of association and
incorporation for such federation shall contain the names of the constituent member associations,
and the signatures thereto shall be those of an executive officer of each of the constituent
associations. The other procedure and details of incorporation shall be the same as provided
in this article for the incorporation of the constituent incorporated associations, and the
organization meeting and adoption of bylaws shall be by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-101.htm - 2K - Match Info - Similar pages
2-10-35
to appear to the court or to the judge thereof that the stockholders or members of such corporation
or association are, in the judgment of the court or judge, so numerous as to render it impracticable
or inexpedient to bring them all before the court, and, in the judgment of the court or judge,
a sufficient number, not less than 10 representative stockholders or members of such corporation
or association are made defendants to such complaint, such court or judge may make an order
directing personal service on the defendants named and that publication, in such manner
and form as the court or judge may prescribe, be made as to all other members and parties
interested once a week for four consecutive weeks in some newspaper of general circulation
published in the county wherein such complaint is filed. If, upon the final hearing, such
court shall find that a continuance of such corporation is impracticable or that it will be
in the interest of the corporation or association that it be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-10-35.htm - 4K - Match Info - Similar pages
22-21-52
Section 22-21-52 Directors - Annual meeting; constitution and bylaws; executive committee.
The directors shall meet annually and shall adopt a constitution and bylaws of the corporation,
said constitution and bylaws to be subject to the approval of the State Board of Health. The
active affairs of the corporation shall be vested in an executive committee composed of not
less than five nor more than nine directors, to be selected by the directors. The executive
committee shall meet monthly, organize itself and shall carry on the affairs of the corporation
in compliance with the laws of the State of Alabama and with the constitution and bylaws of
the corporation. The executive committee shall appoint a medical advisory committee of three
to five members from the medical staffs of the respective hospitals. This medical advisory
committee will be responsible to the executive committee for the professional aspects of the
hospital's operations subject to the rules and regulations adopted by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-52.htm - 2K - Match Info - Similar pages
|