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22-23B-2
Section 22-23B-2 Definitions. The following words and phrases, whenever used in this
chapter, shall have the following respective meanings unless the context clearly indicates
otherwise: AUTHORITY. The corporation organized pursuant to the provisions of this chapter
as a public corporation, agency and instrumentality of the state and known as the "Alabama
Drinking Water Finance Authority." AUTHORIZING RESOLUTION. A resolution, order or other
proceedings adopted by the board of directors of the authority authorizing the issuance of
bonds, agreements and related matters. BOARD OF DIRECTORS. The board of directors of the authority.
BOND PROCEEDS. The net proceeds of sale of bonds or notes, and the income derived from the
investment of such proceeds. BONDS. The bonds, notes or obligations or other evidences of
indebtedness issued by the authority under the provisions of this chapter. DEPARTMENT. The
Alabama Department of Environmental Management or any successor. FEDERAL ACT. The Act of...
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22-30F-3
Section 22-30F-3 Definitions. The following words and phrases, whenever used in this
chapter, shall have the following respective meanings unless the context clearly indicates
otherwise: (1) AUTHORITY. The corporation organized pursuant to this chapter as a public corporation,
agency, and instrumentality of the state and known as the "Alabama Land Recycling Finance
Authority." (2) AUTHORIZING RESOLUTION. A resolution, order, or other proceedings adopted
by the board of directors of the authority authorizing the issuance of agreements and related
matters. (3) BOARD OF DIRECTORS. The board of directors of the authority. (4) DEPARTMENT.
The Alabama Department of Environmental Management or any successor. (5) ELIGIBLE PROPERTY.
Property which qualifies under Section 22-30E-6 for participation in the voluntary
cleanup program established pursuant to Chapter 30E of this title, and which is owned and
operated by an applicant or applicants which qualifies for the limitation of liability as...
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27-27-6
Section 27-27-6 Solicitation permit - Approval or denial. (a) The commissioner shall
expeditiously examine the application for a solicitation permit and make such investigation
relative thereto as he deems necessary, subject to subsection (b) of this section,
if he finds that: (1) The application is complete; (2) The documents therewith filed are proper
in form; and (3) The proposed articles of incorporation of any proposed domestic insurer comply
with this title and are not in conflict with the Constitution and laws of the United States
or of this state; He shall give notice to the applicant that he will approve and file the
articles of incorporation, if a proposed corporation, and issue a solicitation permit, stating
the terms to be contained therein, upon the filing of any bond required by Sections 27-27-10
or 27-27-16. (b) If the commissioner does not so find, or finds that any proposed sale of
securities would be, or tend to be, fraudulent or inequitable as to present or proposed...
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37-7-16
Section 37-7-16 Consolidation. Any two or more corporations created under the provisions
of this chapter may enter into an agreement for the consolidation of such corporations. Such
agreements shall set forth the terms and conditions of the consolidation, the name of the
proposed consolidated corporation, the number of its directors, not less than three, the time
of the annual election and the names of the persons, not less than three, to be directors
until the first annual meeting. If such agreement is approved by a majority of the members
of each corporation, the directors named in the agreement shall subscribe and acknowledge
a certificate conforming substantially to the original certificates of incorporation, except
that it shall be entitled and endorsed "CERTIFICATE OF CONSOLIDATION OF _____" (the
blank space being filled in with names of the corporations being consolidated) and shall state:
The names of the corporations being consolidated; the name of the consolidated...
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44-3-8
Section 44-3-8 Admission of governing bodies into membership of corporations. Any governing
body in the state as defined in this chapter may submit a letter of application to the corporation's
chairman of the board of directors. Said letter shall be in compliance with admission procedures
as established by the board. Upon approval of a majority of board members present at a regularly
scheduled board meeting, new members shall be admitted into the corporation and the number
of directors representing that body will be determined by the existing board. (Acts 1978,
No. 620, p. 880, ยง8.)...
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10A-2-10.07
Section 10A-2-10.07 Restated articles of incorporation. REPEALED IN THE 2019 REGULAR
SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(a) A corporation's board of directors may restate its articles of incorporation at any time
with or without shareholder action. (b) The restatement may include one or more amendments
to the articles. If the restatement includes an amendment requiring shareholder approval,
it must be adopted as provided in Section 10A-2-10.03. (c) If the board of directors
submits a restatement for shareholder action, the corporation shall notify each shareholder,
whether or not entitled to vote, of the proposed shareholders' meeting in accordance with
Section 10A-2-7.05. The notice must also state that the purpose, or one of the purposes,
of the meeting is to consider the proposed restatement that identifies any amendment or other
change it would make in the articles. (d) A corporation restating its articles of incorporation...
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10A-2A-10.06
Section 10A-2A-10.06 Certificate of amendment. Notwithstanding Division B of Article
3 of Chapter 1: (a) After an amendment to the certificate of incorporation has been adopted
and approved in the manner required by this chapter and by the certificate of incorporation,
the corporation shall deliver to the Secretary of State for filing a certificate of amendment,
which must set forth: (1) the name of the corporation; (2) the text of each amendment adopted,
or the information required by Section 10A-2A-1.20(c)(5); (3) if an amendment provides
for an exchange, reclassification, or cancellation of issued stock, provisions for implementing
the amendment if not contained in the amendment itself, (which may be made dependent upon
facts objectively ascertainable outside the certificate of amendment in accordance with Section
10A-2A-1.20(c)(5)); (4) the date of each amendment's adoption; and (5) if an amendment: (i)
was adopted by the incorporators or board of directors without stockholder...
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10A-2A-13.20
Section 10A-2A-13.20 Notice of appraisal rights. (a) Where any corporate action specified
in Section 10A-2A-13.02(a) is to be submitted to a vote at a stockholders' meeting,
the meeting notice (or where no approval of the corporate action is required pursuant to Section
10A-2A-11.04(j), the offer made pursuant to Section 10A-2A-11.04(j)), must state that
the corporation has concluded that appraisal rights are, are not, or may be available under
this Article 13. If the corporation concludes that appraisal rights are or may be available,
a copy of this Article 13 must accompany the meeting notice or offer sent to those record
stockholders entitled to exercise appraisal rights. (b) In a merger pursuant to Section
10A-2A-11.05, the parent entity shall notify in writing all record stockholders of the subsidiary
who are entitled to assert appraisal rights that the corporate action became effective. The
notice shall be sent within 10 days after the corporate action became effective and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-13.20.htm - 3K - Match Info - Similar pages
11-86A-4
Section 11-86A-4 Filing of application for incorporation with probate judge; contents
thereof; recordation of application by probate judge; approval or disapproval by governing
body of county of incorporation and each participating municipality. (a) The written application
of the incorporators shall be filed with the probate judge, which application shall: (1) Contain
a statement that the incorporators propose to incorporate an authority pursuant to this chapter.
(2) State that each of the incorporators is a resident of the county of incorporation. (3)
Request that the governing body of the county of incorporation and each participating municipality
adopt a resolution declaring that it is expedient that the proposed authority be formed, approving
the written application, and authorizing the incorporators to proceed to form the proposed
authority by filing for record articles in accordance with this chapter. (b) The application
shall include the form of articles of the proposed...
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39-2-12
Section 39-2-12 Partial and final payments of contractors by awarding authorities. (a)
As used in this section the following words shall have the meanings ascribed to them
as follows: (1) CONTRACTOR. Any natural person, partnership, company, firm, corporation, association,
limited liability company, cooperative, or other legal entity licensed by the Alabama State
Licensing Board for General Contractors. (2) NONRESIDENT CONTRACTOR. A contractor which is
neither a. organized and existing under the laws of the State of Alabama, nor b. maintains
its principal place of business in the State of Alabama. A nonresident contractor which has
maintained a permanent branch office within the State of Alabama for at least five continuous
years shall not thereafter be deemed to be a nonresident contractor so long as the contractor
continues to maintain a branch office within Alabama. (3) RETAINAGE. That money belonging
to the contractor which has been retained by the awarding authority conditioned on...
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