45-10-234.1
Section 45-10-234.1 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2018 REGULAR
SESSION, EFFECTIVE MAY 1, 2018. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. If the abandoned
or stolen personal property is of a perishable nature and reasonable attempts to locate and
identify the owner of the property are not successful, the property may be sold at once without
notice. The sheriff shall attempt to obtain the best possible price for the property. The
proceeds of such a sale shall be held in a separate account for a period of six months for
the owner. During this period, the proceeds will be paid to the owner upon demand, less any
cost of recovery, storage, maintenance, and sale. If the proceeds are not claimed within six
months, after deducting and paying all expenses incurred in the recovery, storage, maintenance,
and sale of the property, the net funds shall be paid to the office of the Sheriff of Cherokee
County. (Act 2018-79, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-10-234.1.htm - 1K - Match Info - Similar pages

45-31-233.01
Section 45-31-233.01 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2020 REGULAR
SESSION, EFFECTIVE AUGUST 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. If the abandoned
or stolen personal property is of a perishable nature and reasonable attempts to locate and
identify the owner of the property are not successful, the property may be sold at once without
notice. The sheriff shall attempt to obtain the best possible price for the property. The
proceeds of the sale shall be held in a separate account for a period of six months for the
owner. During this period, the proceeds shall be paid to the owner upon demand, less any cost
of recovery, storage, maintenance, and sale. If the proceeds are not claimed within six months,
after deducting and paying all expenses incurred in the recovery, storage, maintenance, and
sale of the property, the net funds shall be paid to the Office of the Sheriff of Geneva County.
(Act 2020-138, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-31-233.01.htm - 1K - Match Info - Similar pages

7-9-410
Section 7-9-410 Rules and regulations and fees to implement central filing system; user and
public training as to Uniform Commercial Code and Farm Products Central Index System Program.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002. (Acts 1987, No. 87-410,
p. 595, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/7-9-410.htm - 607 bytes - Match Info - Similar pages

10A-2-13.26
Section 10A-2-13.26 Failure to take corporate action. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
If the corporation does not take the proposed action within 60 days after the date set for
demanding payment, the corporation shall release the transfer restrictions imposed on shares.
(b) If, after releasing transfer restrictions, the corporation takes the proposed action,
it must send a new dissenters' notice under Section 10A-2-13.22 and repeat the payment demand
procedure. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-13.26; amended and renumbered by Act
2009-513, p. 967, §141.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-13.26.htm - 1005 bytes - Match Info - Similar pages

10A-2-14.34
Section 10A-2-14.34 Election to purchase in lieu of dissolution. REPEALED IN THE 2019 REGULAR
SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(a) In a proceeding under Section 10A-2-14.30(2) to dissolve a corporation that has no shares
listed on a national securities exchange or regularly traded in a market maintained by one
or more members of a national or affiliated securities association, the corporation may elect
or, if it fails to elect, one or more shareholders may elect to purchase all shares owned
by the petitioning shareholder at the fair value of the shares. An election pursuant to this
section shall be irrevocable unless the court determines that it is equitable to set aside
or modify the election. (b) An election to purchase pursuant to this section may be filed
with the court at any time within 90 days after the filing of the petition under Section 10A-2-14.30(2)
or at a later time as the court in its discretion may allow. If...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-14.34.htm - 6K - Match Info - Similar pages

10A-2-15.42
Section 10A-2-15.42 Filing of verified statement with Commissioner of Revenue by foreign corporation
prior to acting as fiduciary. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. Prior to the time when any foreign
corporation acts pursuant to the authority of this article in any fiduciary capacity or capacities
in this state, the foreign corporation shall file with the Commissioner of Revenue of this
state a verified statement which shall state: (1) The correct corporate name of the foreign
corporation; (2) The name of the state under the laws of which it is incorporated or if the
foreign corporation is a national banking association or other corporation organized under
the laws of the United States shall state that fact; (3) The address of its principal business
office; (4) In what fiduciary capacity, or capacities, it desires to act in the State of Alabama;
(5) That it is authorized to act in a similar...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-15.42.htm - 2K - Match Info - Similar pages

10A-2-15.45
Section 10A-2-15.45 Service of process on foreign corporation acting in fiduciary capacity.
REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT
IN THE CURRENT CODE SUPPLEMENT. Every foreign corporation acting in a fiduciary capacity in
this state pursuant to the terms of this division shall be deemed to consent to service of
all legal process in any action or proceeding against it and to service of any notice or demand
permitted or required by law relating to or growing out of any trust, estate or matter in
respect of which the foreign corporation shall have acted in this state in any fiduciary capacity
pursuant to any means of service of process provided in Section 10A-1-5.31, 10A-1-5.35, or
10A-1-5.36. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-15.45; amended and renumbered by
Act 2009-513, p. 967, §159.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-15.45.htm - 1K - Match Info - Similar pages

10A-2-16.02
Section 10A-2-16.02 Inspection of records by shareholders. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
A shareholder of a domestic corporation or of a foreign corporation with its principal office
within this state is entitled to inspect and copy, during regular business hours at the corporation's
principal office, or if its principal office is outside this state, at a reasonable location
within this state, specified by the corporation, any of the records of the corporation described
in Section 10A-2-16.01(e) if he or she gives the corporation written notice of his or her
demand at least five business days before the date on which he or she wishes to inspect and
copy. (b) A shareholder of a domestic corporation or of a foreign corporation with its principal
office within this state who shall have been a holder of record of shares for 180 days immediately
preceding his or her demand or who is the holder...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-16.02.htm - 4K - Match Info - Similar pages

10A-2-3.03
Section 10A-2-3.03 Emergency powers. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE
JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) In anticipation of or during
an emergency defined in subsection (d), the board of directors of a corporation may: (1) Modify
lines of succession to accommodate the incapacity of any director, officer, employee, or agent;
and (2) Relocate the principal office, designate alternative principal offices or regional
offices, or authorize the officers to do so. (b) During an emergency defined in subsection
(d), unless emergency bylaws provide otherwise: (1) Notice of a meeting of the board of directors
need be given only to those directors whom it is practicable to reach and may be given in
any practical manner, including by publication and radio; and (2) One or more officers of
the corporation present at a meeting of the board of directors may be deemed to be directors
for the meeting in order of rank and within the same rank in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-3.03.htm - 1K - Match Info - Similar pages

10A-2-7.04
Section 10A-2-7.04 Action without meeting. REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94
EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) Except as provided
in the articles of incorporation, action required or permitted by the Constitution of Alabama
of 1901 or by this chapter to be taken at a shareholders' meeting may be taken without a meeting
if the action is taken by all shareholders entitled to vote on the action. The action must
be evidenced by one or more written consents describing the action taken, signed by all the
shareholders entitled to vote on the action, and delivered to the corporation for inclusion
in the minutes or filing with the corporate records. (b) If not otherwise fixed under Section
10A-2-7.03 or 10A-2-7.07, the record date for determining shareholders entitled to take action
without a meeting is the date the first shareholder signs the consent under subsection (a).
(c) A consent signed under this section has the effect of a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-7.04.htm - 2K - Match Info - Similar pages