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5-17-21
Section 5-17-21 Voluntary dissolution. (a) Unless otherwise provided in the bylaws of the credit
union, the membership of the credit union may elect to dissolve the credit union upon an affirmative
vote of two thirds of the members of the credit union who participate in the vote. (b) The
vote to voluntarily dissolve a credit union shall be taken at a meeting held for that purpose.
Voting by mail ballot shall be permitted. Notice of the meeting must state that the purpose
of the meeting is to vote on the voluntary dissolution of the credit union and must be mailed
to the last known address of each member of the credit union at least 30 calendar days prior
to the date of the meeting. The notice, at a minimum, shall also contain all of the following
information: (1) A general description of the implications of the dissolution process on the
deposit shares of members. (2) A general description of the implications of the dissolution
process on members who have borrowings with the credit...
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16-44B-1
Section 16-44B-1 Compact. ARTICLE I PURPOSE It is the purpose of this compact to remove barriers
to education success imposed on children of military families because of frequent moves and
deployment of their parents by: A. Facilitating the timely enrollment of children of military
families and ensuring that they are not placed at a disadvantage due to difficulty in the
transfer of education records from the previous school district(s) or variations in entrance/age
requirements. B. Facilitating the student placement process through which children of military
families are not disadvantaged by variations in attendance requirements, scheduling, sequencing,
grading, course content or assessment. C. Facilitating the qualification and eligibility for
enrollment, educational programs, and participation in extracurricular academic, athletic,
and social activities. D. Facilitating the on-time graduation of children of military families.
E. Providing for the promulgation and enforcement of...
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10A-3-7.01
Section 10A-3-7.01 Voluntary dissolution - Procedure. (a) A nonprofit corporation may dissolve
and wind up its affairs in the following manner: (1) If there are members entitled to vote
thereon, the board of directors shall adopt a resolution recommending that the nonprofit corporation
be dissolved, and directing that the question of the dissolution 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 stating that the purpose, or one of the purposes, of the meeting is
to consider the advisability of dissolving the nonprofit corporation, 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 meetings of members. A resolution to dissolve the nonprofit
corporation 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)...
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10A-3-7.04
Section 10A-3-7.04 Voluntary dissolution - Revocation of voluntary dissolution proceedings.
(a) A nonprofit corporation may, at any time prior to the delivery of the articles of dissolution
to the Secretary of State for filing, revoke the action theretofore taken to dissolve the
nonprofit corporation, in the following manner: (1) If there are members entitled to vote
thereon, the board of directors shall adopt a resolution recommending that the voluntary dissolution
proceedings be revoked, and directing that the question of the revocation 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 stating that the purpose, or one of the purposes, of the
meeting is to consider the advisability of revoking the voluntary dissolution proceedings
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 meetings of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-7.04.htm - 3K - Match Info - Similar pages
2-10-35
Section 2-10-35 Dissolution of marketing or marketing and purchasing associations. (a) Any
cooperative marketing corporation or association or mutual cooperative marketing or purchasing
corporation or association organized under the laws of this state, may be dissolved in the
mode and manner following: (1) In any mode or manner now provided by law in this state for
the dissolution of corporations; (2) By proceedings in the circuit court in the county wherein
the corporation or association was organized, under its statutory jurisdiction; or (3) By
complaint in the circuit court in the county wherein the corporation or association was or
may be organized, in the manner provided in subsections (b) and (c) of this section. (b) If
the board of directors or other governing body shall deem it advisable to dissolve such corporation
or association and shall adopt a resolution to that effect at any regular meeting of the board
or other governing body or at any special meeting called for that...
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40-27-1
Section 40-27-1 Compact adopted; terms. The following Multistate Tax Compact is hereby approved,
adopted and enacted into law by the State of Alabama: Multistate Tax Compact Article I. Purposes.
The purposes of this compact are to: 1. Facilitate proper determination of state and local
tax liability of multistate taxpayers, including the equitable apportionment of tax bases
and settlement of apportionment disputes. 2. Promote uniformity or compatibility in significant
components of tax systems. 3. Facilitate taxpayer convenience and compliance in the filing
of tax returns and in other phases of tax administration. 4. Avoid duplicative taxation. Article
II. Definitions. As used in this compact: 1. "State" means a state of the United
States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory or possession
of the United States. 2. "Subdivision" means any governmental unit or special district
of a state. 3. "Taxpayer" means any corporation, partnership, firm,...
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44-2-10
Section 44-2-10 Text of compact. The Interstate Compact for Juveniles is enacted into law and
entered into with all jurisdictions mutually adopting the compact in the form substantially
as follows: THE INTERSTATE COMPACT FOR JUVENILES Article I. Purpose. The compacting states
to this interstate compact recognize that each state is responsible for the proper supervision
or return of juveniles, delinquents and status offenders who are on probation or parole and
who have absconded, escaped or run away from supervision and control and in so doing have
endangered their own safety and the safety of others. The compacting states also recognize
that each state is responsible for the safe return of juveniles who have run away from home
and in doing so have left their state of residence. The compacting states also recognize that
Congress, by enacting the Crime Control Act, 4 U.S.C. Section 112 (1965), has authorized and
encouraged compacts for cooperative efforts and mutual assistance in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/44-2-10.htm - 39K - Match Info - Similar pages
15-22-1.1
Section 15-22-1.1 Interstate Compact for Adult Offender Supervision. Whereas: The Interstate
Compact for the Supervision of Parolees and Probationers was established in 1937, it is the
earliest corrections "compact" established among the states and has not been amended
since its adoption over 62 years ago; Whereas: This compact is the only vehicle for the controlled
movement of adult parolees and probationers across state lines, and it currently has jurisdiction
over more than a quarter of a million offenders; Whereas: The complexities of the compact
have become more difficult to administer, and many jurisdictions have expanded supervision
expectations to include currently unregulated practices such as victim input, victim notification
requirements, and sex offender registration; Whereas: After hearings, national surveys, and
a detailed study by a task force appointed by the National Institute of Corrections, the overwhelming
recommendation has been to amend the document to bring about...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/15-22-1.1.htm - 43K - Match Info - Similar pages
5-17-55
Section 5-17-55 Credit Union Board created; composition; appeals. (a) There shall be a Credit
Union Board of the Alabama Credit Union Administration which shall consist of the administrator,
who shall be an ex officio member and chair of the board, and seven other persons, appointed
by the Governor, by and with the consent of the Senate. Four of these persons shall be appointed
from a list of nominees submitted by the Credit Union Board of the Alabama Credit Union Administration,
in consultation with the League of Southeastern Credit Union or its successor organization,
which shall submit not less than three nominees for any vacancy. Should the Governor determine
that none of the first three nominees submitted by the Credit Union Board for a vacancy on
the Credit Union Board are acceptable, the Governor may reject the three nominees, and the
Credit Union Board shall submit an alternative list of three nominees to the Governor from
which the Governor shall make the appointment. The...
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5-17-13
Section 5-17-13 Powers and duties of supervisory committee. (a) The supervisory committee shall
make or cause to be made a comprehensive annual audit of the books and affairs of the credit
union and shall submit a report of that audit to the board of directors and summary of that
report to the members at the next annual meeting of the credit union. It shall make or cause
to be made such supplementary audits or examinations as it deems necessary or as are required
by the Administrator of the Alabama Credit Union Administration or by the board of directors
and submit reports of these supplementary audits to the board of directors. (b) The supervisory
committee shall cause the accounts of the members to be verified with the records of the credit
union from time to time and not less frequently than every two years. (c) The administrator
may define the scope of any audit and may set out what procedures must be followed for an
audit to qualify as the required annual audit. He or she may...
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