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10A-2-11.02
Section 10A-2-11.02 Share exchange. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE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 it may be amended from time to time, a corporation
may acquire all of the outstanding shares of one or more classes or series of another corporation
if the board of directors of each corporation adopts and, if required by Section 10A-2-11.03,
the shareholders of each corporation approve the exchange. (b) The plan of exchange shall
set forth all of the following: (1) The name of the corporation whose shares will be acquired
and the name of the acquiring corporation. (2) The terms and conditions of the exchange. (3)
The manner and basis of exchanging the shares to be acquired for shares, obligations, or other
securities of the acquiring or any other corporation or for cash or other property in whole
or part. (c) The plan of exchange may set forth other...
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10A-2-6.24
Section 10A-2-6.24 Share options. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Subject to requirements of the
Constitution of Alabama of 1901, as the same may be amended from time to time, a corporation
may issue rights, options, or warrants for the purchase of shares of the corporation. The
board of directors shall determine the terms upon which the rights, options, or warrants are
issued, their form and content, and the consideration for which the shares are to be issued.
(Acts 1994, No. 94-245, p. 343, §1; §10-2B-6.24; amended and renumbered by Act 2009-513,
p. 967, §100.)...
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10A-2-8.11
Section 10A-2-8.11 Compensation of directors, REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Unless the articles
of incorporation or bylaws provide otherwise, the board of directors may fix the compensation
of directors. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-8.11; amended and renumbered by
Act 2009-513, p. 967, §116.)...
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10A-21-1.01
Section 10A-21-1.01 Establishment of segregated, separate political funds; voluntary contributions;
filing of disclosure reports; violations. Repealed by Act 2013-311, §3, effective August
1, 2013. (Acts 1979, No. 79-705, p. 1253, §1; §10-1-2; amended and renumbered by Act 2009-513,
p. 967, §356.)...
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10A-5-1.01
Section 10A-5-1.01 Short title. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE
JANUARY 1, 2017. This chapter and the provisions of Chapter 1, to the extent applicable to
limited liability companies, shall be known and may be cited as the "Alabama Limited
Liability Company Law." (Acts 1993, No. 93-724, p. 1425, §1; §10-12-1; amended and
renumbered by Act 2009-513, p. 967, §211.)...
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10A-5-1.02
Section 10A-5-1.02 Definitions. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE
JANUARY 1, 2017. As used in this chapter, unless the context otherwise requires, the following
terms mean: (1) ARTICLES OF ORGANIZATION. The filing instrument provided for by Section 10A-5-2.01,
or, if it has been amended or restated, as most recently amended or restated. In the case
of a foreign limited liability company, the term includes all documents serving a similar
function that are required to be filed to form the limited liability company in the state
or other jurisdiction where it is organized. The term articles of organization as used in
this chapter is synonymous with the term certificate of formation as defined in Section 10A-1-1.03(6).
In this chapter, the use of the term certificate of formation shall be deemed to include articles
of organization, and vice-versa. Together with the operating agreement, the articles of organization
or certificate of formation of a limited...
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10A-5-1.05
Section 10A-5-1.05 Unauthorized assumption of powers. REPEALED IN THE 2014 REGULAR SESSION
BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017. All persons who assume to act as a limited liability
company without authority to do so shall be jointly and severally liable for all debts and
liabilities created by their so acting. (Acts 1993, No. 93-724, p. 1425, §7; §10-12-7; amended
and renumbered by Act 2009-513, p. 967, §216.)...
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10A-5-5.01
Section 10A-5-5.01 Contribution. REPEALED IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE
JANUARY 1, 2017. The contributions of a member to the limited liability company may be in
cash, property, services previously rendered, or a promissory note or other binding obligation
to pay cash, convey property, or to render services. (Acts 1993, No. 93-724, p. 1425, §26;
§10-12-26; amended and renumbered by Act 2009-513, p. 967, §232.)...
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10A-8-1.03
Section 10A-8-1.03 Knowledge and notice. REPEALED IN THE 2018 REGULAR SESSION BY ACT 2018-125
EFFECTIVE JANUARY 1, 2019. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (Acts 1996, No. 96-528,
p. 685, §1; §10-8A-102; amended and renumbered by Act 2009-513, p. 967, §248.)...
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10A-8-1.04
Section 10A-8-1.04 Effect of partnership agreement; nonwaivable provisions. REPEALED IN THE
2018 REGULAR SESSION BY ACT 2018-125 EFFECTIVE JANUARY 1, 2019. THIS IS NOT IN THE CURRENT
CODE SUPPLEMENT. (Acts 1996, No. 96-528, p. 685, §1; §10-8A-103; amended and renumbered
by Act 2009-513, p. 967, §248.)...
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