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https://law.justia.com/codes/alabama/title-10/chapter-12/article-6/section-10-12-34/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 6 - Transfer of Membership Interests.›Section 10-12-34 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limit...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 6 - Transfer of Membership Interests. › Section 10-12-34 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Power of Estate of Deceased or Incompetent Member.
Section 10-12-34 (Applicable to limited liability companies organized after January 1, 1998, limited liability companies not electing to come under the pre-1997 changes, and to all limited liability companies after December 31, 2000.) Power of estate of deceased or incompetent member. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §34; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-6/section-10-12-35/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 6 - Transfer of Membership Interests.›Section 10-12-35 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limit...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 6 - Transfer of Membership Interests. › Section 10-12-35 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Member's Financial Rights Subject to Charging Order.
Section 10-12-35 (Applicable to limited liability companies organized after January 1, 1998, limited liability companies not electing to come under the pre-1997 changes, and to all limited liability companies after December 31, 2000.) Member's financial rights subject to charging order. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §35; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-6/section-10-12-36/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 6 - Transfer of Membership Interests.›Section 10-12-36 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limit...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 6 - Transfer of Membership Interests. › Section 10-12-36 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Cessation of Membership.
Section 10-12-36 (Applicable to limited liability companies organized after January 1, 1998, limited liability companies not electing to come under the pre-1997 changes, and to all limited liability companies after December 31, 2000.) Cessation of membership. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §36; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-37/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-37 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limit...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-37 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Dissolution.
Section 10-12-37 (Applicable to limited liability companies organized after January 1, 1998, limited liability companies not electing to come under the pre-1997 changes, and to all limited liability companies after December 31, 2000.) Dissolution. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §37; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-38/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-38 - Judicial Dissolution.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-38 - Judicial Dissolution.
Section 10-12-38 Judicial dissolution. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §38.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-39/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-39 - Winding Up.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-39 - Winding Up.
Section 10-12-39 Winding up. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §39.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-40/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-40 - Survival of Remedy After Dissolution.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-40 - Survival of Remedy After Dissolution.
Section 10-12-40 Survival of remedy after dissolution. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §40.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-41/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-41 - Distribution of Assets Upon Dissolution.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-41 - Distribution of Assets Upon Dissolution.
Section 10-12-41 Distribution of assets upon dissolution. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §41.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-42/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-42 - Articles of Dissolution.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-42 - Articles of Dissolution.
Section 10-12-42 Articles of dissolution. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §42.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-43/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-43 - Known Claims Against Dissolved Limited Liability Company.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-43 - Known Claims Against Dissolved Limited Liability Company.
Section 10-12-43 Known claims against dissolved limited liability company. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §43.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-7/section-10-12-44/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 7 - Dissolution.›Section 10-12-44 - Unknown Claims Against Dissolved Limited Liability Company.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 7 - Dissolution. › Section 10-12-44 - Unknown Claims Against Dissolved Limited Liability Company.
Section 10-12-44 Unknown claims against dissolved limited liability company. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §44.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-8/section-10-12-45/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 8 - Professional Services.›Section 10-12-45 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limit...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 8 - Professional Services. › Section 10-12-45 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Special Rules for Limited Liability Companies Performing Professional Services.
Section 10-12-45 (Applicable to limited liability companies organized after January 1, 1998, limited liability companies not electing to come under the pre-1997 changes, and to all limited liability companies after December 31, 2000.) Special rules for limited liability companies performing professional services. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §45; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-46/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-46 - Foreign Limited Liability Companies.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-46 - Foreign Limited Liability Companies.
Section 10-12-46 Foreign limited liability companies. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §46.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-47/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-47 - Registration.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-47 - Registration.
Section 10-12-47 Registration. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §47; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-48/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-48 - Issuance of Registration.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-48 - Issuance of Registration.
Section 10-12-48 Issuance of registration. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §48.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-49/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-49 - Name.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-49 - Name.
Section 10-12-49 Name. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §49.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-50/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-50 - Changes and Amendments.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-50 - Changes and Amendments.
Section 10-12-50 Changes and amendments. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §50.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-51/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-51 - Cancellation of Registration.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-51 - Cancellation of Registration.
Section 10-12-51 Cancellation of registration. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §51; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-52/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-52 - Transacting Business Without Registration.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-52 - Transacting Business Without Registration.
Section 10-12-52 Transacting business without registration. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §52.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-9/section-10-12-53/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 9 - Foreign Limited Liability Companies.›Section 10-12-53 - Action by Attorney General.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 9 - Foreign Limited Liability Companies. › Section 10-12-53 - Action by Attorney General.
Section 10-12-53 Action by Attorney General. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §53.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-10/section-10-12-54/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 10 - Merger and Consolidation.›Section 10-12-54 - Merger and Consolidation.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 10 - Merger and Consolidation. › Section 10-12-54 - Merger and Consolidation.
Section 10-12-54 Merger and consolidation. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §54.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-10/section-10-12-55/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 10 - Merger and Consolidation.›Section 10-12-55 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limit...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 10 - Merger and Consolidation. › Section 10-12-55 - (Applicable to Limited Liability Companies Organized After January 1, 1998, Limited Liability Companies Not Electing to Come Under the Pre-1997 Changes, and to All Limited Liability Companies After December 31, 2000.) Requirements for Articles of Merger; Effective Date.
Section 10-12-55 (Applicable to limited liability companies organized after January 1, 1998, limited liability companies not electing to come under the pre-1997 changes, and to all limited liability companies after December 31, 2000.) Requirements for articles of merger; effective date. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §55; Act 97-920, 1st Ex. Sess., p. 312, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-10/section-10-12-56/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 10 - Merger and Consolidation.›Section 10-12-56 - Vesting of Certain Rights, Privileges, Powers, Property, Liabilities and Duties.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 10 - Merger and Consolidation. › Section 10-12-56 - Vesting of Certain Rights, Privileges, Powers, Property, Liabilities and Duties.
Section 10-12-56 Vesting of certain rights, privileges, powers, property, liabilities and duties. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §56.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-10/section-10-12-57/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 10 - Merger and Consolidation.›Section 10-12-57 - Recording of Articles of Merger; Effect When Secretary of State Files Articles; C...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 10 - Merger and Consolidation. › Section 10-12-57 - Recording of Articles of Merger; Effect When Secretary of State Files Articles; Copy of Certified Articles Conclusive Evidence of Matters.
Section 10-12-57 Recording of articles of merger; effect when Secretary of State files articles; copy of certified articles conclusive evidence of matters. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §57.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-10/section-10-12-58/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 10 - Merger and Consolidation.›Section 10-12-58 - Applicability of Article 5 of Chapter 2a of Title 10.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 10 - Merger and Consolidation. › Section 10-12-58 - Applicability of Article 5 of Chapter 2a of Title 10.
Section 10-12-58 Applicability of Article 5 of Chapter 2A of Title 10. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §58.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-11/section-10-12-59/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 11 - Fees.›Section 10-12-59 - Fees, Charges, and Penalties to Be Collected by Judge of Probate and Secretary of...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 11 - Fees. › Section 10-12-59 - Fees, Charges, and Penalties to Be Collected by Judge of Probate and Secretary of State.
Section 10-12-59 Fees, charges, and penalties to be collected by judge of probate and Secretary of State. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §59.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-11/section-10-12-60/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 11 - Fees.›Section 10-12-60 - Fees for Filing Documents and Issuing Certificates; Secretary of State Limited Li...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 11 - Fees. › Section 10-12-60 - Fees for Filing Documents and Issuing Certificates; Secretary of State Limited Liability Companies Fund Created; Deposits and Expenditures; Deposits to State General Fund.
Section 10-12-60 Fees for filing documents and issuing certificates; Secretary of State Limited Liability Companies Fund created; deposits and expenditures; deposits to State General Fund. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §60.)
https://law.justia.com/codes/alabama/title-10/chapter-12/article-11/section-10-12-61/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 12 - Limited Liability Company Act.›Article 11 - Fees.›Section 10-12-61 - Miscellaneous Charges.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 12 - Limited Liability Company Act. › Article 11 - Fees. › Section 10-12-61 - Miscellaneous Charges.
Section 10-12-61 Miscellaneous charges. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1993, No. 93-724, p. 1425, §61.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-1/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-1 - Short Title.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-1 - Short Title.
Section 10-13-1 Short title. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, 1317, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-2/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-2 - Definitions.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-2 - Definitions.
Section 10-13-2 Definitions. As used in this chapter, unless the context otherwise requires, the following words shall have the meanings respectively ascribed to them: (1) REAL ESTATE INVESTMENT TRUST. An unincorporated trust or association in which property is acquired, held, managed, administered, controlled, invested, or disposed of for the benefit and profit of any person who may become shareholder or an entity that otherwise complies with the provisions of 26 U.S.C. Sections 856 to 858, inclusive, of the U.S. Internal Revenue Code, and the rulings and regulations adopted thereunder. (2) SHARE. A transferable unit of beneficial interest in a real estate investment trust. (3) SHAREHOLDER. The holder of a transferable unit of beneficial interest in a real estate investment trust. (Acts 1995, No. 95-628, p. 1317, §2.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-3/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-3 - Permitted Form of Unincorporated Trust or Association.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-3 - Permitted Form of Unincorporated Trust or Association.
Section 10-13-3 Permitted form of unincorporated trust or association. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §3.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-4/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-4 - Construction With Other Law.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-4 - Construction With Other Law.
Section 10-13-4 Construction with other law. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §4.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-5/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-5 - Compliance Required.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-5 - Compliance Required.
Section 10-13-5 Compliance required. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §5.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-6/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-6 - Declaration of Trust.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-6 - Declaration of Trust.
Section 10-13-6 Declaration of trust. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §6.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-7/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-7 - Classification of Shares.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-7 - Classification of Shares.
Section 10-13-7 Classification of shares. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §7.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-8/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-8 - Removal of Trustees.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-8 - Removal of Trustees.
Section 10-13-8 Removal of trustees. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §8.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-9/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-9 - Powers.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-9 - Powers.
Section 10-13-9 Powers. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §9.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-10/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-10 - Restrictions on Investments and Use.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-10 - Restrictions on Investments and Use.
Section 10-13-10 Restrictions on investments and use. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §10.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-11/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-11 - Annual Report.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-11 - Annual Report.
Section 10-13-11 Annual report. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §11.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-12/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-12 - Inspection of Records.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-12 - Inspection of Records.
Section 10-13-12 Inspection of records. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §12.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-13/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-13 - Filing Fees.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-13 - Filing Fees.
Section 10-13-13 Filing fees. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §13.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-14/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-14 - Amendment of Declaration.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-14 - Amendment of Declaration.
Section 10-13-14 Amendment of declaration. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §14.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-15/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-15 - Merger.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-15 - Merger.
Section 10-13-15 Merger. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §15.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-16/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-16 - Termination of Existence.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-16 - Termination of Existence.
Section 10-13-16 Termination of existence. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §16.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-17/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-17 - Liability of Trust.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-17 - Liability of Trust.
Section 10-13-17 Liability of trust. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §17.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-18/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-18 - Nonliability of Shareholders for Obligations of Trust.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-18 - Nonliability of Shareholders for Obligations of Trust.
Section 10-13-18 Nonliability of shareholders for obligations of trust. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §18.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-19/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-19 - Liability of Trustee.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-19 - Liability of Trustee.
Section 10-13-19 Liability of trustee. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §19.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-20/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-20 - Service of Process.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-20 - Service of Process.
Section 10-13-20 Service of process. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §20.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-21/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-21 - Income Tax.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-21 - Income Tax.
Section 10-13-21 Income tax. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §21; Act 2008-543, p. 1175, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-22/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-22 - Share Tax Exemption.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-22 - Share Tax Exemption.
Section 10-13-22 Share tax exemption. Repealed by Act 2000-705, § 5, 2000 Regular Session, effective May 23, 2000. (Acts 1995, No. 95-628, p. 1317, §22.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-23/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-23 - Treatment of Corporate Real Estate Investment Trust.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-23 - Treatment of Corporate Real Estate Investment Trust.
Section 10-13-23 Treatment of corporate real estate investment trust. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §23.)
https://law.justia.com/codes/alabama/title-10/chapter-13/section-10-13-24/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 13 - Real Estate Investment Trusts.›Section 10-13-24 - Treatment of Distributions.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 13 - Real Estate Investment Trusts. › Section 10-13-24 - Treatment of Distributions.
Section 10-13-24 Treatment of distributions. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Acts 1995, No. 95-628, p. 1317, §24.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-1/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-1 - Short Title.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-1 - Short Title.
Section 10-14-1 Short title. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-2/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-2 - Definitions.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-2 - Definitions.
Section 10-14-2 Definitions. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §2.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-3/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-3 - Election as Employee Cooperative.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-3 - Election as Employee Cooperative.
Section 10-14-3 Election as employee cooperative. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §3.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-4/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-4 - Revocation of Election.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-4 - Revocation of Election.
Section 10-14-4 Revocation of election. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §4.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-5/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-5 - Corporate Name.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-5 - Corporate Name.
Section 10-14-5 Corporate name. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §5.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-6/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-6 - Members; Membership Shares; Rights and Responsibilities.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-6 - Members; Membership Shares; Rights and Responsibilities.
Section 10-14-6 Members; membership shares; rights and responsibilities. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §6.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-7/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-7 - Directors and Officers.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-7 - Directors and Officers.
Section 10-14-7 Directors and officers. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §7.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-8/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-8 - Voting Powers; Amendment or Repeal of Bylaws; Protection of Stockholders.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-8 - Voting Powers; Amendment or Repeal of Bylaws; Protection of Stockholders.
Section 10-14-8 Voting powers; amendment or repeal of bylaws; protection of stockholders. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §8.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-9/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-9 - Apportionment, etc., of Net Earnings or Losses.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-9 - Apportionment, etc., of Net Earnings or Losses.
Section 10-14-9 Apportionment, etc., of net earnings or losses. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §9.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-10/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-10 - Internal Capital Accounts.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-10 - Internal Capital Accounts.
Section 10-14-10 Internal capital accounts. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §10.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-11/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-11 - Internal Capital Account Cooperatives.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-11 - Internal Capital Account Cooperatives.
Section 10-14-11 Internal capital account cooperatives. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §11.)
https://law.justia.com/codes/alabama/title-10/chapter-14/section-10-14-12/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 14 - Employee Cooperative Corporations›Section 10-14-12 - Conversion of Membership Shares, etc.; Merger of Employee Cooperatives.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 14 - Employee Cooperative Corporations › Section 10-14-12 - Conversion of Membership Shares, etc.; Merger of Employee Cooperatives.
Section 10-14-12 Conversion of membership shares, etc.; merger of employee cooperatives. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 97-949, p. 524, §12.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-1/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-1 - Short Title.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-1 - Short Title.
Section 10-15-1 Short title. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §7.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-2/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-2 - Definitions.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-2 - Definitions.
Section 10-15-2 Definitions. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §1.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-3/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-3 - Conversions of Business Entities; Documentation and Filing Requirements; Effective...
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-3 - Conversions of Business Entities; Documentation and Filing Requirements; Effective Date of Conversion; Effects of Conversion.
Section 10-15-3 Conversions of business entities; documentation and filing requirements; effective date of conversion; effects of conversion. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §2.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-4/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-4 - Mergers of Business Entities.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-4 - Mergers of Business Entities.
Section 10-15-4 Mergers of business entities. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §3.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-5/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-5 - Nonexclusive Application of Chapter.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-5 - Nonexclusive Application of Chapter.
Section 10-15-5 Nonexclusive application of chapter. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §4.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-6/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-6 - Merger With or Conversion From or to a Foreign Business Entity.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-6 - Merger With or Conversion From or to a Foreign Business Entity.
Section 10-15-6 Merger with or conversion from or to a foreign business entity. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §5.)
https://law.justia.com/codes/alabama/title-10/chapter-15/section-10-15-7/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10 - Corporations, Partnerships, and Associations.›Chapter 15 - Alabama Business Entities Conversion and Merger Act.›Section 10-15-7 - Alabama Business Entities Convertion and Merger Act.
2023 Code of Alabama › Title 10 - Corporations, Partnerships, and Associations. › Chapter 15 - Alabama Business Entities Conversion and Merger Act. › Section 10-15-7 - Alabama Business Entities Convertion and Merger Act.
Section 10-15-7 Filing fees. All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011. (Act 2000-211, p. 279, §6; Act 2001-344, p. 446, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-01/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.01 - Short Title.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.01 - Short Title.
Section 10A-1-1.01 Short title. This title shall be known and may be cited as the "Alabama Business and Nonprofit Entity Code." (Act 2009-513, p. 967, §2.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-02/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.02 - Applicability of Chapter.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.02 - Applicability of Chapter.
Section 10A-1-1.02 Applicability of chapter. (a) All provisions of this chapter shall apply to all entities formed pursuant to or governed by Chapters 2A to 11, inclusive, and Chapter 17, except as set forth in this chapter and except as set forth in subsections (c), (d), and (e). (b) The provisions of this chapter shall apply to entities formed pursuant to or governed by Chapter 16, Chapter 20, and Chapter 30 only as provided therein or expressly provided in this chapter. (c) If a provision of this chapter conflicts with a provision in another chapter of this title, the provision of the other chapter, to the extent of the conflict, supersedes the provision of this chapter. (d) Provisions in another chapter may provide that the provisions of this chapter do not apply by specifically providing which provisions in this chapter do not apply. (e) Provisions in another chapter may provide that the governing documents of an entity governed by that other chapter may supersede the provisions of this chapter by specifically providing which provisions in this chapter may be superseded by those governing documents. (Act 2009-513, p. 967, §2; Act 2018-125, §1; Act 2019-94, §2; Act 2020-73, §1; Act 2021-299, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-03/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.03 - Definitions.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.03 - Definitions.
Section 10A-1-1.03 Definitions. (a) If a term, including a term that is defined in subsection (b) of this section, is defined in a chapter of this title, then, when used in that chapter, the term shall have the meaning set forth in that chapter. (b) As used in this title, except as provided in subsection (a) or where the context otherwise requires, the following terms mean: (1) AFFILIATE. A person who controls, is controlled by, or is under common control with another person. An affiliate of an individual includes the spouse, or a parent or sibling thereof, of the individual, or a child, grandchild, sibling, parent, or spouse of any thereof, of the individual, or an individual having the same home as the individual, or a trust or estate of which an individual specified in this sentence is a substantial beneficiary; a trust, estate, incompetent, conservatee, protected person, or minor of which the individual is a fiduciary; or an entity of which the individual is director, general partner, agent, employee or the governing authority or member of the governing authority. (2) ASSOCIATE. When used to indicate a relationship with: (A) a domestic or foreign entity for which the person is: (i) an officer or governing person; or (ii) a beneficial owner of 10 percent or more of a class of voting ownership interests or similar securities of the entity; (B) a trust or estate in which the person has a substantial beneficial interest or for which the person serves as trustee or in a similar fiduciary capacity; (C) the person's spouse or a relative of the person related by consanguinity or affinity within the fifth degree who resides with the person; or (D) a governing person or an affiliate or officer of the person. (3) ASSOCIATION. Includes, but is not limited to, an unincorporated nonprofit association as defined in Chapter 17 and an unincorporated professional association as defined in Article 1 of Chapter 30. (4) BENEFIT CORPORATION. A benefit corporation as defined in Chapter 2A. (5) BUSINESS CORPORATION. A corporation or foreign corporation as defined in Chapter 2A. The term includes a benefit corporation as defined in Chapter 2A. (6) BUSINESS TRUST. A business trust as defined in Chapter 16. (7) CERTIFICATE OF DISSOLUTION. Any document such as a certificate of dissolution, statement of dissolution, or articles of dissolution, required or permitted to be filed publicly with respect to an entity's dissolution and winding up of its business, activity, activities, not for profit activity, or affairs. (8) CERTIFICATE OF FORMATION. (A) The document required to be filed publicly under this title to form a filing entity; and (B) if appropriate, a restated certificate of formation and all amendments of an original or restated certificate of formation. (9) CERTIFICATE OF OWNERSHIP. An instrument evidencing an ownership interest or membership interest in an entity. (10) CERTIFICATED OWNERSHIP INTEREST. An ownership interest of a domestic entity represented by a certificate. (11) CERTIFICATION or CERTIFIED. Duly authenticated by the proper officer or filing officer of the jurisdiction the laws of which govern the internal affairs of an entity. (12) CONTRIBUTION. A tangible or intangible benefit that a person transfers to an entity in consideration for an ownership interest in the entity or otherwise in the person's capacity as an owner or a member. A benefit that may constitute a contribution transferred in exchange for an ownership interest or transferred in the transferor's capacity as an owner or member may include cash, property, services rendered, a contract for services to be performed, a promissory note or other obligation of a person to pay cash or transfer property to the entity, or securities or other interests in or obligations of an entity. In either case, the benefit does not include cash or property received by the entity: (A) with respect to a promissory note or other obligation to the extent that the agreed value of the note or obligation has previously been included as a contribution; or (B) that the person intends to be a loan to the entity. (13) CONVERSION. A conversion, whether referred to as a conversion, domestication, or otherwise, means: (A) the continuance of a domestic entity as a foreign entity of any type; (B) the continuance of a foreign entity as a domestic entity of any type; or (C) the continuance of a domestic entity of one type as a domestic entity of another type. (14) CONVERTED ENTITY. An entity resulting from a conversion. (15) CONVERTING ENTITY. An entity as the entity existed before the entity's conversion. (16) COOPERATIVE. Includes an employee cooperative as defined in Chapter 11. (17) CORPORATION. Includes a domestic or foreign business corporation, including a benefit corporation, as defined in Chapter 2A, a domestic or foreign nonprofit corporation as defined in Chapter 3, a domestic or foreign professional corporation as defined in Chapter 4, and those entities specified in Chapter 20 as corporate. (18) COURT. The designated court, and if none, the circuit court specifically set forth in this title, and if none, any other court having jurisdiction in a case. (19) DAY. When used in the computation of time, excludes the first day and includes the last day of the period so computed, unless the last day is a Saturday, Sunday, or legal holiday, in which event the period runs until the end of the next day that is not a Saturday, a Sunday, or a legal holiday. When the period of time to be computed is less than 7 days, intermediate Saturdays, Sundays, and legal holidays shall be excluded. (20) DEBTOR IN BANKRUPTCY. A person who is the subject of: (A) an order for relief under the United States bankruptcy laws, Title 11, United States Code, or comparable order under a successor statute of general application; or (B) a comparable order under federal, state, or foreign law governing insolvency. (21) DESIGNATED COURT. The court or courts that are designated in the (i) certificate of incorporation or bylaws of a corporation as authorized by Chapter 2A, (ii) limited liability company agreement of a limited liability company formed pursuant to or governed by Chapter 5A, (iii) partnership agreement of a partnership formed pursuant to or governed by Chapter 8A, or (iv) limited partnership agreement of a limited partnership formed pursuant to or governed by Chapter 9A. (22) DIRECTOR. An individual who serves on the board of directors, by whatever name known, of a foreign or domestic corporation. (23) DISTRIBUTION. A transfer of property, including cash, from an entity to an owner or member of the entity in the owner's or member's capacity as an owner or member. The term includes a dividend, a redemption or purchase of an ownership interest, or a liquidating distribution. (24) DOMESTIC. With respect to an entity, means governed as to its internal affairs by this title. (25) DOMESTIC ENTITY. An entity governed as to its internal affairs by this title. (26) EFFECTIVE DATE OF THIS TITLE. January 1, 2011. (27) ELECTRONIC. Relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. (28) ELECTRONIC SIGNATURE. An electronic signature as that term is defined in the Alabama Electronic Transactions Act, Chapter 1A of Title 8, or any successor statute. (29) ELECTRONIC TRANSMISSION or ELECTRONICALLY TRANSMITTED. Any form or process of communication not directly involving the physical transfer of paper or another tangible medium, which (i) is suitable for the retention, retrieval, and reproduction of information by the recipient, and (ii) is retrievable in paper form by the recipient through an automated process used in conventional commercial practice. (30) ELECTRONIC WRITING. Information that is stored in an electronic or other nontangible medium and is retrievable in paper form through an automated process used in conventional commercial practice. (31) ENTITY. A domestic or foreign organization. (32) FILING ENTITY. A domestic entity that is a corporation, limited partnership, limited liability limited partnership, limited liability company, professional association, employee cooperative corporation, or real estate investment trust. (33) FILING INSTRUMENT. An instrument, document, or statement that is required or permitted by this title to be delivered for filing by or for an entity to a filing officer. (34) FILING OFFICER. An officer of this state with whom a filing instrument is required or permitted to be delivered for filing pursuant to this title. (35) FOREIGN. With respect to an entity, means governed as to its internal affairs by the laws of a jurisdiction other than this state. (36) FOREIGN ENTITY. An entity governed as to its internal affairs by the laws of a jurisdiction other than this state. (37) FOREIGN FILING ENTITY. A foreign entity that registers or is required to register as a foreign entity under Article 7. (38) FOREIGN GOVERNMENTAL AUTHORITY. A governmental official, agency, or instrumentality of a jurisdiction other than this state. (39) FOREIGN NONFILING ENTITY. A foreign entity that is not a foreign filing entity. (40) GENERAL PARTNER. (A) Each partner in a general partnership; or (B) a person who is admitted to a limited partnership as a general partner in accordance with the governing documents of the limited partnership. (41) GENERAL PARTNERSHIP. A partnership as defined in Chapter 8A. The term includes a limited liability partnership as defined in Chapter 8A. (42) GOVERNING AUTHORITY. A person or group of persons who are entitled to manage and direct the affairs of an entity pursuant to this title and the governing documents of the entity, except that if the governing documents of the entity or this title divide the authority to manage and direct the affairs of the entity among different persons or groups of persons according to different matters, governing authority means the person or group of persons entitled to manage and direct the affairs of the entity with respect to a matter under the governing documents of the entity or this title. The term includes the board of directors of a corporation, by whatever name known, or other persons authorized to perform the functions of the board of directors of a corporation, the general partners of a general partnership or limited partnership, the persons who have direction and oversight of a limited liability company, and the trust managers of a real estate investment trust. The term does not include an officer who is acting in the capacity of an officer. (43) GOVERNING DOCUMENTS. (A) In the case of a domestic entity: (i) the certificate of formation for a filing entity or the document or agreement under which a nonfiling entity is formed; and (ii) the other documents or agreements, including bylaws, partnership agreements of partnerships, limited liability company agreements of limited liability companies, or similar documents, adopted by the entity pursuant to this title to govern the formation or the internal affairs of the entity; or (B) in the case of a foreign entity, the instruments, documents, or agreements adopted under the law of its jurisdiction of formation to govern the formation or the internal affairs of the entity. (44) GOVERNING PERSON. A person serving as part of the governing authority of an entity. (45) INDIVIDUAL. A natural person and the estate of an incompetent or deceased natural person. (46) INSOLVENCY. The inability of a person to pay the person's debts as they become due in the usual course of business or affairs. (47) INSOLVENT. A person who is unable to pay the person's debts as they become due in the usual course of business or affairs. (48) JUDGE OF PROBATE. The judge of probate of the county in which an entity is required or permitted to deliver a filing instrument for filing pursuant to this title. (49) JURISDICTION OF FORMATION. (A) In the case of a filing entity, this state; (B) in the case of a foreign entity, the jurisdiction in which the entity's certificate of formation or similar organizational instrument is filed, or if no certificate of formation or similar organizational instrument is filed, then the laws of the jurisdiction which govern the internal affairs of the foreign entity; (C) in the case of a general partnership which has filed a statement of partnership, a statement of not for profit partnership, or a statement of limited liability partnership in accordance with Chapter 8A, in this state; (D) in the case of a foreign limited liability partnership, the laws of the jurisdiction which govern the filing of the foreign limited liability partnership's statement of limited liability partnership or such filing in that jurisdiction; and (E) in the case of a foreign or domestic nonfiling entity other than those entities described in subsection (C) or (D): (i) the jurisdiction the laws of which are chosen in the entity's governing documents to govern its internal affairs if that jurisdiction bears a reasonable relation to the owners or members or to the domestic or foreign nonfiling entity's business and affairs under the principles of this state that otherwise would apply to a contract among the owners or members; or (ii) if subparagraph (i) does not apply, the jurisdiction in which the entity has its principal office. (50) LAW. Unless the context requires otherwise, both statutory and common law. (51) LICENSE. A license, certificate of registration, or other legal authorization. (52) LICENSING AUTHORITY. The state court, state regulatory licensing board, or other like agency which has the power to issue a license or other legal authorization to render professional services. (53) LIMITED LIABILITY COMPANY. A limited liability company as defined in Chapter 5A. (54) LIMITED LIABILITY LIMITED PARTNERSHIP. A limited liability limited partnership as defined in Chapter 9A. (55) LIMITED LIABILITY PARTNERSHIP. A limited liability partnership as defined in Chapter 8A. (56) LIMITED PARTNER. A person who has been admitted to a limited partnership as a limited partner as provided by: (A) in the case of a domestic limited partnership, Chapter 9A; or (B) in the case of a foreign limited partnership, the laws of its jurisdiction of formation. (57) LIMITED PARTNERSHIP. A limited partnership as defined in Chapter 9A. The term includes a limited liability limited partnership as defined in Chapter 9A. (58) MANAGERIAL OFFICIAL. An officer or a governing person. (59) MEMBER. (A) A person defined as a member under Chapter 5A; (B) in the case of a nonprofit corporation formed pursuant to or governed by Chapter 3, a person having membership rights in the nonprofit corporation in accordance with its governing documents as provided in Chapter 3; (C) in the case of an employee cooperative corporation formed pursuant to or governed by Chapter 11, a natural person who, as provided in Chapter 11, has been accepted for membership in and owns a membership share in an employee cooperative; (D) in the case of a nonprofit association, a person who, as provided in Chapter 17, may participate in the selection of persons authorized to manage the affairs of the nonprofit association or in the development of its policy. (60) MERGER. The combination of one or more domestic entities with one or more domestic entities or foreign entities resulting in: (A) one or more surviving domestic entities or foreign entities; (B) the creation of one or more new domestic entities or foreign entities, or one or more surviving domestic entities or foreign entities; or (C) one or more surviving domestic entities or foreign entities and the creation of one or more new domestic entities or foreign entities. (61) NONFILING ENTITY. A domestic entity that is not a filing entity. The term includes a domestic general partnership, a limited liability partnership, and a nonprofit association. (62) NONPROFIT ASSOCIATION. An unincorporated nonprofit association as defined in Chapter 17. The term does not include a general partnership which has filed a statement of not for profit partnership in accordance with Chapter 8A, a limited partnership which is carrying on a not for profit purpose, or a limited liability company which is carrying on a not for profit purpose. (63) NONPROFIT CORPORATION. A domestic or foreign nonprofit corporation as defined in Chapter 3. (64) NONPROFIT ENTITY. An entity that is a nonprofit corporation, nonprofit association, or other entity that is organized solely for one or more nonprofit purposes. (65) OFFICER. An individual elected, appointed, or designated as an officer of an entity by the entity's governing authority or under the entity's governing documents. (66) ORGANIZATION. A corporation, limited partnership, general partnership, limited liability company, business trust, real estate investment trust, joint venture, joint stock company, cooperative, association, or other organization, including, regardless of its organizational form, a bank, insurance company, credit union, and savings and loan association, whether for profit, not for profit, nonprofit, domestic, or foreign. (67) ORGANIZER. A person, who need not be an owner or member of the entity, who, having the capacity to contract, is authorized to execute documents in connection with the formation of the entity. The term includes an incorporator. (68) OWNER. (A) With respect to a foreign or domestic business corporation or real estate investment trust, a stockholder or a shareholder; (B) with respect to a foreign or domestic partnership, a partner; (C) with respect to a foreign or domestic limited liability company or association, a member; and (D) with respect to another foreign or domestic entity, an owner of an equity interest in that entity. (69) OWNERSHIP INTEREST. An owner's interest in an entity. The term includes the owner's share of profits and losses or similar items and the right to receive distributions. The term does not include an owner's right to participate in management or participate in the direction or oversight of the entity. An ownership interest is personal property. (70) PARENT or PARENT ENTITY. An entity that: (A) owns at least 50 percent of the ownership or membership interest of a subsidiary; or (B) possesses at least 50 percent of the voting power of the owners or members of a subsidiary. (71) PARTNER. A limited partner or general partner. (72) PARTNERSHIP. Includes a general partnership, a limited liability partnership, a foreign limited liability partnership, a limited partnership, a foreign limited partnership, a limited liability limited partnership, and a foreign limited liability limited partnership. (73) PARTNERSHIP AGREEMENT. Any agreement (whether referred to as a partnership agreement or otherwise), written, oral or implied, of the partners as to the activities and affairs of a general partnership or a limited partnership. The partnership agreement includes any amendments to the partnership agreement. In the case of limited partnerships formed prior to October 1, 1998, partnership agreement includes the certificate of partnership. (74) PARTY TO THE MERGER. A domestic entity or foreign entity that under a plan of merger is combined by a merger. The term does not include a domestic entity or foreign entity that is not to be combined into or with one or more domestic entities or foreign entities, regardless of whether ownership interests of the entity are to be issued under the plan of merger. (75) PERSON. An individual, including the estate of an incompetent or deceased individual, or an entity, whether created by the laws of this state or another state or foreign country, including, without limitation, a general partnership, limited liability partnership, limited partnership, limited liability limited partnership, limited liability company, corporation, professional corporation, nonprofit corporation, professional association, trustee, personal representative, fiduciary, as defined in Section 19-3-150 or person performing in any similar capacity, business trust, estate, trust, association, joint venture, government, governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. (76) PRESIDENT. (A) The individual designated as president of an entity under the entity's governing documents; or (B) the officer or committee of persons authorized to perform the functions of the principal executive officer of an entity without regard to the designated name of the officer or committee. (77) PRINCIPAL OFFICE. The office, in or out of this state, where the principal executive office, whether referred to as the principal executive office, chief executive office, or otherwise, of an entity is located. (78) PROFESSIONAL ASSOCIATION. A professional association as defined in Chapter 30. (79) PROFESSIONAL CORPORATION. A domestic or foreign professional corporation as defined in Chapter 4. (80) PROFESSIONAL ENTITY. A professional association and a professional corporation. (81) PROFESSIONAL SERVICE. Any type of service that may lawfully be performed only pursuant to a license issued by a state court, state regulatory licensing board, or other like agency pursuant to state laws. (82) PROPERTY. Includes all property, whether real, personal, or mixed, or tangible or intangible, or any right or interest therein. (83) REAL ESTATE INVESTMENT TRUST. An unincorporated trust, association, or other entity as defined in Chapter 10. (84) SECRETARY. (A) The individual designated as secretary of an entity under the entity's governing documents; or (B) the officer or committee of persons authorized to perform the functions of secretary of an entity without regard to the designated name of the officer or committee. (85) SECRETARY OF STATE. The Secretary of State of the State of Alabama. (86) SIGN or SIGNATURE. With the present intent to authenticate or adopt a writing: (A) to execute or adopt a tangible symbol to a writing, and includes any manual, facsimile, or conformed signature; or (B) to attach to or logically associate with an electronic transmission an electronic sound, symbol, or process, and includes an electronic signature in an electronic transmission. (87) STATE. Includes, when referring to a part of the United States, a state or commonwealth, and its agencies and governmental subdivisions, and a territory or possession, and its agencies and governmental subdivisions, of the United States. (88) SUBSCRIBER. A person who agrees with or makes an offer to an entity to purchase by subscription an ownership interest in the entity. (89) SUBSCRIPTION. An agreement between a subscriber and an entity, or a written offer made by a subscriber to an entity before or after the entity's formation, in which the subscriber agrees or offers to purchase a specified ownership interest in the entity. (90) SUBSIDIARY. An entity at least 50 percent of: (A) the ownership or membership interest of which is owned by a parent entity; or (B) the voting power of which is possessed by a parent entity. (91) TREASURER. (A) The individual designated as treasurer of an entity under the entity's governing documents; or (B) the officer or committee of persons authorized to perform the functions of treasurer of an entity without regard to the designated name of the officer or committee. (92) TRUSTEE. A person who serves as a trustee of a trust, including a real estate investment trust. (93) UNCERTIFICATED OWNERSHIP INTEREST. An ownership interest in a domestic entity that is not represented by a certificate. (94) VICE PRESIDENT. (A) The individual designated as vice president of an entity under the governing documents of the entity; or (B) the officer or committee of persons authorized to perform the functions of the president of the entity on the death, absence, or resignation of the president or on the inability of the president to perform the functions of office without regard to the designated name of the officer or committee. (95) WRITING or WRITTEN. Information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. (Act 2009-513, p. 967, §2; Act 2014-144, p. 265, §2; Act 2016-379, p. 934, §2; Act 2018-125, §1; Act 2019-94, §2; Act 2020-73, §1; Act 2021-299, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-04/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.04 - Disinterested Person.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.04 - Disinterested Person.
Section 10A-1-1.04 Disinterested person. (a) For purposes of this title, a person is disinterested with respect to the approval of a contract, transaction, or other matter or to the consideration of the disposition of a claim or challenge relating to a contract, transaction, or particular conduct, if the person or the person's associate: (1) is not a party to the contract or transaction or materially involved in the conduct that is the subject of the claim or challenge; and (2) does not have a material financial interest in the outcome of the contract or transaction or the disposition of the claim or challenge. (b) For purposes of subsection (a), a person is not materially involved in the conduct that is the subject of a claim or challenge and does not have a material financial interest in the outcome of a contract or transaction or the disposition of a claim or challenge solely because: (1) the person was nominated or elected as a governing person by a person who is: (A) interested in the contract or transaction; or (B) alleged to have engaged in the conduct that is the subject of the claim or challenge; (2) the person receives normal fees or customary compensation, reimbursement for expenses, or benefits as a governing person of the entity; (3) the person has a direct or indirect equity interest in the entity; (4) the entity has, or its subsidiaries have, an interest in the contract or transaction or was affected by the alleged conduct; (5) the person or an associate of the person receives ordinary and reasonable compensation for reviewing, making recommendations regarding, or deciding on the disposition of the claim or challenge; or (6) in the case of a review by the person of the alleged conduct that is the subject of the claim or challenge: (A) the person is named as a defendant in the derivative proceeding regarding the matter or as a person who engaged in the alleged conduct; or (B) the person, acting as a governing person, approved, voted for, or acquiesced in the act being challenged if the act did not result in a material personal or financial benefit to the person and the challenging party fails to allege particular facts that, if true, raise a significant prospect that the governing person would be held liable to the entity or its owners or members as a result of the conduct. (Act 2009-513, p. 967, §2.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-05/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.05 - Conspicuous Information.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.05 - Conspicuous Information.
Section 10A-1-1.05 Conspicuous information. In this title, required information is conspicuous if the information is placed in a manner or displayed using a font that provides or is intended to provide notice to a reasonable person affected by the information. Required information in a document is conspicuous if the font used for the information is capitalized, boldfaced, italicized, or underlined or larger or of a different color than the remainder of the document. (Act 2009-513, p. 967, §2.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-06/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.06 - Synonymous Terms.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.06 - Synonymous Terms.
Section 10A-1-1.06 Synonymous terms. To the extent not inconsistent with the Constitution of Alabama of 1901, and other statutes of this state wherein the terms may be found, and as the context requires, in this title or any other statute of this state: (1) a reference to certificate of formation includes, in the case of a corporation, articles of incorporation, certificate of incorporation, and charter; in the case of limited partnership, a certificate of limited partnership and a certificate of formation; in the case of a limited liability company, certificate of formation and articles of organization; and in the case of a business trust or a real estate investment trust, declaration of trust and, similarly, a reference to articles of incorporation, certificate of incorporation, charter, certificate of limited partnership, or articles of organization includes a certificate of formation; (2) a reference to articles of dissolution includes statement of dissolution and certificate of dissolution, and similarly a reference to statement of dissolution includes articles of dissolution and certificate of dissolution, and similarly, a reference to certificate of dissolution includes articles of dissolution and statement of dissolution; (3) a reference to certificate of merger includes articles of merger and statement of merger and similarly, a reference to articles of merger includes certificate of merger and statement of merger, and similarly, a reference to statement of merger includes certificate of merger and articles of merger; (4) a reference to authorized capital stock includes authorized shares; (5) a reference to capital stock includes authorized and issued shares, issued shares, and stated capital; (6) a reference to a certificate of registration, certificate of authority, statement of foreign limited liability partnership, and permit to transact business includes registration; (7) a reference to stock and shares of stock includes shares; (8) a reference to stockholder includes shareholder; and (9) a reference to no par stock includes shares without par value. (Act 2009-513, p. 967, §2; Act 2016-379, p. 934, §2; Act 2018-125, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-07/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.07 - Signing of Document or Other Writing.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.07 - Signing of Document or Other Writing.
Section 10A-1-1.07 Signing of document or other writing. For purposes of this title, a writing has been signed by a person when the writing includes the person's signature. A transmission or reproduction of a writing signed by a person is considered signed by that person for purposes of this title. (Act 2009-513, p. 967, §2.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-08/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.08 - Short Titles.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.08 - Short Titles.
Section 10A-1-1.08 Short titles. (a) The provisions of this title as described by this section may be cited as provided by this section. (b) Chapter 2A and the provisions of Chapter 1 to the extent applicable to business corporations may be cited as the Alabama Business Corporation Law. (c) Chapter 3 and the provisions of Chapter 1 to the extent applicable to nonprofit corporations may be cited as the Alabama Nonprofit Corporation Law. (d) Chapter 4 and the provisions of Chapter 1 to the extent applicable to professional corporations may be cited as the Alabama Professional Corporation Law. (e) Chapter 5A and the provisions of Chapter 1 to the extent applicable to limited liability companies may be cited as the Alabama Limited Liability Company Law. (f) Chapter 8A and the provisions of Chapter 1 to the extent applicable to general partnerships may be cited as the Alabama Partnership Law. (g) Chapter 9A and the provisions of Chapter 1 to the extent applicable to limited partnerships may be cited as the Alabama Limited Partnership Law. (h) Chapter 10 and the provisions of Chapter 1 to the extent applicable to real estate investment trusts may be cited as the Alabama Real Estate Investment Trust Law. (i) Chapter 11 and the provisions of Chapter 1 and Chapter 2A to the extent applicable to employee cooperative corporations may be cited as the Alabama Employee Cooperative Corporations Law. (j) Chapter 17 and the provisions of Chapter 1 to the extent applicable to unincorporated nonprofit associations may be cited as the Alabama Unincorporated Nonprofit Association Law. (Act 2009-513, p. 967, §2; Act 2014-144, p. 265, §2; Act 2016-379, p. 934, §2; Act 2018-125, §1; Act 2019-94, §2; Act 2020-73, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-09/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.09 - Reference in Law to Statute Revised by Title.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.09 - Reference in Law to Statute Revised by Title.
Section 10A-1-1.09 Reference in law to statute revised by title. A reference in a law to a statute or a part of a statute revised by this title is considered to be a reference to the part of this title that revises that statute or part of that statute. (Act 2009-513, p. 967, §2.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-a/section-10a-1-1-10/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division A - Definitions, Applicability, and Purpose.›Section 10A-1-1.10 - Reservation of Power.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division A - Definitions, Applicability, and Purpose. › Section 10A-1-1.10 - Reservation of Power.
Section 10A-1-1.10 Reservation of power. The Alabama Legislature has power to amend or repeal all or any part of this title at any time, and all domestic or foreign entities subject to this title are governed by the amendment or repeal. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-1.02; amended and renumbered by Act 2009-513, p. 967, §3.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-b/section-10a-1-1-11/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division B - Determination of Applicable Law.›Section 10A-1-1.11 - Law Governing Filing Entities.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division B - Determination of Applicable Law. › Section 10A-1-1.11 - Law Governing Filing Entities.
Section 10A-1-1.11 Law governing filing entities. (a) The law of this state governs the formation and internal affairs of an entity if the entity's formation occurs when a certificate of formation filed in accordance with Article 4 takes effect. (b) If the formation of an entity occurs when a certificate of formation or similar instrument filed with a foreign governmental authority takes effect, the laws of the state or other jurisdiction in which that foreign governmental authority is located governs the formation and internal affairs of the entity, and the liability of its members. (Act 2009-513, p. 967, §5.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-b/section-10a-1-1-12/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division B - Determination of Applicable Law.›Section 10A-1-1.12 - Entities Not Formed by Filing Instrument.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division B - Determination of Applicable Law. › Section 10A-1-1.12 - Entities Not Formed by Filing Instrument.
Section 10A-1-1.12 Entities not formed by filing instrument. For entities other than general partnerships, if the formation of an entity does not occur when a certificate of formation or similar instrument filed with the filing officer, or with a foreign governmental authority takes effect, the law governing the entity's formation and internal affairs is the law of the entity's jurisdiction of formation. (Act 2009-513, p. 967, §5; Act 2018-125, §1; Act 2019-94, §2.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-1/division-b/section-10a-1-1-13/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 1 - Definitions and Other General Provisions.›Division B - Determination of Applicable Law.›Section 10A-1-1.13 - Internal Affairs.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 1 - Definitions and Other General Provisions. › Division B - Determination of Applicable Law. › Section 10A-1-1.13 - Internal Affairs.
Section 10A-1-1.13 Internal affairs. For purposes of this title, the internal affairs of an entity include: (1) the rights, powers, and duties of its governing authority, governing persons, officers, owners, and members; and (2) matters relating to its membership or ownership interests, other than the right of members or owners to inspect entity records. (Act 2009-513, p. 967, §5.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-a/section-10a-1-2-01/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division A - Purposes of Domestic Entity.›Section 10A-1-2.01 - General Scope of Permissible Purposes.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division A - Purposes of Domestic Entity. › Section 10A-1-2.01 - General Scope of Permissible Purposes.
Section 10A-1-2.01 General scope of permissible purposes. A domestic entity may have any lawful purpose or purposes, unless otherwise provided by this title. If the purpose for which it is organized or its form makes it subject to a special provision of law or limitation of purpose, the entity shall also comply with that provision or conform to that limitation. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-3.01; amended and renumbered by Act 2009-513, p. 967, §7.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-a/section-10a-1-2-02/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division A - Purposes of Domestic Entity.›Section 10A-1-2.02 - Prohibited Purposes.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division A - Purposes of Domestic Entity. › Section 10A-1-2.02 - Prohibited Purposes.
Section 10A-1-2.02 Prohibited purposes. A domestic entity may not engage in a business, activity, not for profit activity, or any other activity, whether or not for profit, that: (A) is expressly unlawful or prohibited by a law of this state; (B) cannot lawfully be engaged in by that entity under a law of this state; or (C) may not be engaged in by an entity without first obtaining a license under the laws of this state to engage in that business, activity, not for profit activity, or any other activity, whether or not for profit, and a license cannot lawfully be granted to the entity. (Act 2009-513, p. 967, §8; Act 2018-125, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-a/section-10a-1-2-03/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division A - Purposes of Domestic Entity.›Section 10A-1-2.03 - Limitation on Purposes of Professional Entity.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division A - Purposes of Domestic Entity. › Section 10A-1-2.03 - Limitation on Purposes of Professional Entity.
Section 10A-1-2.03 Limitation on purposes of professional entity. Except as provided in the chapter of this title applicable to the entity, a professional entity may engage in only: (1) one type of professional service, unless the entity is expressly authorized to provide more than one type of professional service under state law regulating the professional services; and (2) services ancillary to that type of professional service. (Act 2009-513, p. 967, §8.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-a/section-10a-1-2-04/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division A - Purposes of Domestic Entity.›Section 10A-1-2.04 - Limitation in Governing Documents.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division A - Purposes of Domestic Entity. › Section 10A-1-2.04 - Limitation in Governing Documents.
Section 10A-1-2.04 Limitation in governing documents. The governing documents of a domestic entity may contain limitations on the entity's purposes. (Act 2009-513, p. 967, §8.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-11/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.11 - General Powers.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.11 - General Powers.
Section 10A-1-2.11 General powers. Except as otherwise provided by this title, and whether or not expressly stated in its governing documents, a domestic entity has the same powers as an individual to take action necessary or convenient to carry out its business and affairs. Except as otherwise provided by this title or the governing documents of the entity, the powers of a domestic entity include the power to: (1) sue, be sued, complain and defend suit in its entity name; (2) have and alter a seal and use the seal or a facsimile of it by impressing, affixing, or reproducing it; (3) purchase, lease, or otherwise acquire, receive, own, hold, improve, use, and deal in and with property or an interest in property; (4) sell, convey, mortgage, pledge, lease, exchange, and otherwise dispose of property; (5) make contracts and guaranties; (6) incur liabilities, borrow money, issue notes, bonds, and other obligations which may be convertible into or include the option to purchase other securities or ownership interests in the entity, and secure any obligations, or the obligations of others for whom it can make guarantees, whether or not a guarantee is made, by mortgaging or pledging its property, franchises, or income; (7) lend money, invest its funds, and receive and hold property as security for repayment; (8) acquire its own bonds, debentures, or other evidences of indebtedness or obligations; (9) acquire its own ownership interests, regardless of whether redeemable, and hold the ownership interests as treasury ownership interests or cancel or dispose of the ownership interests; (10) be a promoter, organizer, owner, partner, member, associate, or manager of an organization; (11) acquire, receive, own, hold, vote, use, pledge, and dispose of ownership interests in or securities issued by another person; (12) conduct its business, locate its offices, and exercise the powers granted by this title to further its purposes, in or out of this state; (13) lend money to, and otherwise assist, its managerial officials, owners, members, or employees as necessary or appropriate, provided, however, a nonprofit entity shall not have the power to lend money to its officers or directors; (14) elect or appoint governing persons, officers, and agents of the entity, establish the length of their terms, define their duties, and fix their compensation; (15) pay pensions and establish pension plans, pension trusts, profit sharing plans, share bonus plans, and incentive plans for managerial officials, owners, members, or employees or former managerial officials, owners, members, or employees; (16) indemnify and maintain liability insurance for managerial officials, owners, members, employees, and agents of the entity or the entity's affiliate; (17) adopt and amend governing documents for managing the affairs of the entity subject to applicable law; (18) make donations for the public welfare or for charitable, scientific, or educational purposes; (19) voluntarily wind up its business and activities and terminate its existence; (20) transact business or take action that will aid governmental policy; and (21) take other action necessary or appropriate to further the purposes of the entity. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-3.02; amended and renumbered by Act 2009-513, p. 967, §10; Act 2018-125, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-12/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.12 - Consideration for Indebtedness.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.12 - Consideration for Indebtedness.
Section 10A-1-2.12 Consideration for indebtedness. (a) Unless otherwise provided by its governing documents or this title a domestic entity may create indebtedness for any consideration the entity considers appropriate, including: (1) cash; (2) property; (3) a contract to receive property; (4) a debt or other obligation of the entity or of another person; (5) services performed or a contract for services to be performed; or (6) a direct or indirect benefit realized by the entity. (b) In the absence of fraud in the transaction, the judgment of the governing authority of a domestic entity as to the value of the consideration received by the entity for indebtedness is conclusive. (c) For purposes of establishing the receipt of consideration under this section, a domestic entity is treated as part of the entity creating indebtedness if the domestic entity is directly or indirectly or wholly or partly owned by that entity. (Act 2009-513, p. 967, §11.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-13/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.13 - Power to Make Guaranties.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.13 - Power to Make Guaranties.
Section 10A-1-2.13 Power to make guaranties. (a) In this section, "guaranty" means a mortgage, pledge, security agreement, or other agreement making the domestic entity or its assets secondarily liable for another person's contract, security, or other obligation. (b) Unless otherwise provided by its governing documents or this title, a domestic entity may: (1) make a guaranty on behalf of a parent, subsidiary, or affiliate of the entity; or (2) make a guaranty of the indebtedness of another person if the guaranty may reasonably be expected directly or indirectly to benefit the entity. (c) For purposes of subsection (b)(2), a decision by the governing authority of the domestic entity that a guaranty may reasonably be expected to benefit the entity is conclusive and not subject to attack by any person, except: (1) a guaranty may not be enforced by a person who participated in a fraud on the domestic entity resulting in the making of the guaranty or by a person who had notice of that fraud at the time the person acquired rights under the guaranty; (2) a proposed guaranty may be enjoined at the request of an owner of the domestic entity on the ground that the guaranty cannot reasonably be expected to benefit the domestic entity; or (3) the domestic entity, whether acting directly or through a receiver, trustee, or other legal representative, or through an owner on behalf of the domestic entity, may bring suit for damages against the managerial officials, owners, or members who authorized the guaranty on the ground that the guaranty could not reasonably be expected to benefit the domestic entity. (Act 2009-513, p. 967, §11.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-14/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.14 - Stated Powers in Division Sufficient.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.14 - Stated Powers in Division Sufficient.
Section 10A-1-2.14 Stated powers in division sufficient. A domestic entity is not required to state in its governing documents any of the powers provided to the entity by this division. (Act 2009-513, p. 967, §11.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-15/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.15 - Limitation on Powers.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.15 - Limitation on Powers.
Section 10A-1-2.15 Limitation on powers. This division does not authorize a domestic entity or a managerial official of a domestic entity to exercise a power in a manner inconsistent with a limitation on the purposes or powers of the entity contained in its governing documents, this title, or other law of this state. (Act 2009-513, p. 967, §11.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-16/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.16 - Certificated Indebtedness; Manner of Issuance; Signature and Seal.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.16 - Certificated Indebtedness; Manner of Issuance; Signature and Seal.
Section 10A-1-2.16 Certificated indebtedness; manner of issuance; signature and seal. (a) Except as otherwise provided by the governing documents of the domestic entity, this title, or other law, on the issuance by a domestic entity of a bond, debenture, or other evidence of indebtedness in certificated form, the seal of the entity, if the entity has adopted a seal, may be a facsimile that may be engraved or printed on the certificate. (b) Except as otherwise provided by the governing documents of the domestic entity, this title, or other law, if a security described by subsection (a) is authenticated with the manual signature of an authorized officer of the domestic entity or an authorized officer or representative, to the extent permitted by law, of a transfer agent or trustee appointed or named by an indenture of trust or other agreement under which the security is issued, the signature of any officer of the domestic entity may be a facsimile signature. (c) A security described by subsection (a) that contains the manual or facsimile signature of a person who is no longer an officer when the security is delivered by the entity may be adopted, issued, and delivered by the entity in the same manner and to the same extent as if the person had remained an officer of the entity. (Act 2009-513, p. 967, §11.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-2/division-b/section-10a-1-2-17/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 2 - Purposes and Powers of Domestic Entity.›Division B - Powers of Domestic Entity.›Section 10A-1-2.17 - Business Transactions of Owner With Entity.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 2 - Purposes and Powers of Domestic Entity. › Division B - Powers of Domestic Entity. › Section 10A-1-2.17 - Business Transactions of Owner With Entity.
Section 10A-1-2.17 Business transactions of owner with entity. Except as otherwise provided in the governing documents or in the specific article that applies to that entity, an owner may lend money to and transact any lawful business with the entity and, subject to other applicable law, have the same rights and obligations with respect thereto as a person who is not an owner. (Act 2009-513, p. 967, §11.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-3/division-a/section-10a-1-3-01/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 3 - Formation and Governance.›Division A - Formation, Existence, and Certificate.›Section 10A-1-3.01 - Formation and Existence of Filing Entities.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 3 - Formation and Governance. › Division A - Formation, Existence, and Certificate. › Section 10A-1-3.01 - Formation and Existence of Filing Entities.
Section 10A-1-3.01 Formation and existence of filing entities. (a) To form a filing entity, a certificate of formation complying with Sections 10A-1-3.03, 10A-1-3.04, and 10A-1-3.05 must be filed in accordance with Article 4. (b) The filing of a certificate of formation described by subsection (a) may be included in a filing under Article 8. (c) The existence of a filing entity commences when the filing of the certificate of formation takes effect as provided by Article 4. (d) Except in a proceeding by the state to terminate the existence of a filing entity, the filing of a certificate of formation by the filing officer is conclusive evidence of: (1) the formation and existence of the filing entity; (2) the satisfaction of all conditions precedent to the formation of the filing entity; and (3) the authority of the filing entity to transact business in this state. (Act 2009-513, p. 967, §13.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-3/division-a/section-10a-1-3-02/
AL
Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 3 - Formation and Governance.›Division A - Formation, Existence, and Certificate.›Section 10A-1-3.02 - Formation and Existence of Nonfiling Entities.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 3 - Formation and Governance. › Division A - Formation, Existence, and Certificate. › Section 10A-1-3.02 - Formation and Existence of Nonfiling Entities.
Section 10A-1-3.02 Formation and existence of nonfiling entities. The requirements for the formation of and the determination of the existence of a nonfiling entity are governed by the chapter of this title which applies to that entity. (Act 2009-513, p. 967, §13.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-3/division-a/section-10a-1-3-03/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 3 - Formation and Governance.›Division A - Formation, Existence, and Certificate.›Section 10A-1-3.03 - Duration.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 3 - Formation and Governance. › Division A - Formation, Existence, and Certificate. › Section 10A-1-3.03 - Duration.
Section 10A-1-3.03 Duration. A domestic filing entity exists perpetually unless otherwise provided in the governing documents of the entity. A domestic entity may be terminated in accordance with this title. (Act 2009-513, p. 967, §13.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-3/division-a/section-10a-1-3-04/
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Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 3 - Formation and Governance.›Division A - Formation, Existence, and Certificate.›Section 10A-1-3.04 - Execution of Certificate of Formation.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 3 - Formation and Governance. › Division A - Formation, Existence, and Certificate. › Section 10A-1-3.04 - Execution of Certificate of Formation.
Section 10A-1-3.04 Execution of certificate of formation. Unless provided otherwise in a chapter of this title governing a filing entity, one or more organizers of a filing entity must sign the certificate of formation of the filing entity. (Act 2009-513, p. 967, §13; Act 2018-125, §1.)
https://law.justia.com/codes/alabama/title-10a/chapter-1/article-3/division-a/section-10a-1-3-05/
AL
Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 1 - General Provisions.›Article 3 - Formation and Governance.›Division A - Formation, Existence, and Certificate.›Section 10A-1-3.05 - Certificate of Formation.
2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 1 - General Provisions. › Article 3 - Formation and Governance. › Division A - Formation, Existence, and Certificate. › Section 10A-1-3.05 - Certificate of Formation.
Section 10A-1-3.05 Certificate of formation. Unless provided otherwise in a chapter of this title governing a filing entity: (a) The certificate of formation must state: (1) the name of the filing entity being formed; (2) the type of filing entity being formed; (3) for filing entities other than limited partnerships, the purpose or purposes for which the filing entity is formed, which may be stated to be or include any lawful purpose for that type of entity; (4) the period of duration, if the entity is not formed to exist perpetually; (5) the street address and, if different, the mailing address of the initial registered office of the filing entity and the name of the initial registered agent of the filing entity at the office; (6) the name and address of each: (A) organizer for the filing entity, unless the entity is formed pursuant to a statement of conversion or merger; or (B) general partner, if the filing entity is a limited partnership; (7) if the filing entity is formed pursuant to a conversion or merger, a statement to that effect and, if formed pursuant to a conversion, the name, mailing address of the principal office, date of formation, prior form of entity, and jurisdiction of formation of the converting entity; and (8) any other information required by this title including, without limitation, any information required by the specific chapter of this title governing the filing entity or by Article 8 to be included in the certificate of formation for the filing entity. (b) The certificate of formation may contain other provisions not inconsistent with law relating to the organization, ownership, governance, business, or affairs of the filing entity. (c) Except as provided by Section 10A-1-3.04, Article 4 governs the signing and filing of a certificate of formation for a domestic entity. (Act 2009-513, p. 967, §13; Act 2018-125, §1; Act 2019-94, §2.)