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https://law.justia.com/codes/alabama/title-10a/chapter-20/article-1/section-10a-20-1-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 1 - Bishop of Diocese.›Section 10A-20-1.04 - Powers. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 1 - Bishop of Diocese. › Section 10A-20-1.04 - Powers. | Section 10A-20-1.04
Powers.
A corporation sole under this article shall have the following powers:
(1) To have succession by its corporate name perpetually;
(2) To sue and be sued and defend;
(3) To make and use a corporate seal and alter the same at pleasure;
(4) To receive, take and hold, by sale, gift, lease, devise... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-1/section-10a-20-1-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 1 - Bishop of Diocese.›Section 10A-20-1.05 - Certificate of Succession by Successor of Bishop. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 1 - Bishop of Diocese. › Section 10A-20-1.05 - Certificate of Succession by Successor of Bishop. | Section 10A-20-1.05
Certificate of succession by successor of bishop.
When a bishop has become a corporation sole pursuant to this article, each of the successors in the bishopric shall succeed the bishop in the corporation upon making and filing with the Secretary of State an application for a certificate of successio... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-1/section-10a-20-1-06/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 1 - Bishop of Diocese.›Section 10A-20-1.06 - Appointment of Administrator to Act While Bishopric Vacant. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 1 - Bishop of Diocese. › Section 10A-20-1.06 - Appointment of Administrator to Act While Bishopric Vacant. | Section 10A-20-1.06
Appointment of administrator to act while bishopric vacant.
A bishop who has become a corporation sole pursuant to this chapter shall be authorized to appoint an administrator to act for the corporation during the time as the bishopric shall for any reason be vacant. In the event a vacancy should oc... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-1/section-10a-20-1-07/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 1 - Bishop of Diocese.›Section 10A-20-1.07 - Dissolution. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 1 - Bishop of Diocese. › Section 10A-20-1.07 - Dissolution. | Section 10A-20-1.07
Dissolution.
Any corporation sole under this article may be dissolved by the bishop who constitutes the corporation filing with the Secretary of State an application therefor, which shall be subscribed, sworn to, and certified as in the case of an application for incorporation. Upon the filing of th... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-1/section-10a-20-1-08/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 1 - Bishop of Diocese.›Section 10A-20-1.08 - Fees to Be Paid to the Secretary of State. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 1 - Bishop of Diocese. › Section 10A-20-1.08 - Fees to Be Paid to the Secretary of State. | Section 10A-20-1.08
Fees to be paid to the Secretary of State.
Upon the presentation to the Secretary of State of any application provided for in this article, the applicant shall pay to the Secretary of State the fee prescribed to be paid to the Secretary of State by Chapter 1 as follows:
(1) for the filing of an appl... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-1/section-10a-20-1-09/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 1 - Bishop of Diocese.›Section 10A-20-1.09 - Records and Certificates Prima Facie Evidence. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 1 - Bishop of Diocese. › Section 10A-20-1.09 - Records and Certificates Prima Facie Evidence. | Section 10A-20-1.09
Records and certificates prima facie evidence.
Any record kept or certificate issued in pursuance of this chapter, or a copy of any such record certified to be true by the legal custodian thereof, shall be received in evidence in all courts and shall be prima facie evidence of the facts therein reci... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.01 - Incorporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.01 - Incorporation. | Section 10A-20-2.01
Incorporation.
(a) The members of any church, conference of churches, religious society, educational society, benevolent, monument, or burial society, patriotic society, societies for the purpose of nature study or scientific research, society for establishing public parks or places of public recrea... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.02 - Powers of Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.02 - Powers of Corporation. | Section 10A-20-2.02
Powers of corporation.
Corporations not of a business character created under this article or created by special act of the Legislature heretofore may acquire, hold, administer, distribute, or dispose of real and personal property, may take, receive, and acquire property by gift, devise, or bequest ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.03 - Independence of Church Corporations in Control of Real Property. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.03 - Independence of Church Corporations in Control of Real Property. | Section 10A-20-2.03
Independence of church corporations in control of real property.
(a) Unless otherwise clearly stated in the deed or other instrument under which any church corporation organized under this article derives title or unless afterwards approved by a majority of the adult members of the congregation of t... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.04 - Validity of Service of Process on Trustee. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.04 - Validity of Service of Process on Trustee. | Section 10A-20-2.04
Validity of service of process on trustee.
In all civil actions or legal proceedings, the service of process and papers on a trustee of the corporation is valid for the purpose of bringing the corporation into court or for the objects of the notice.
Code 1852, §1263; Code 1867, §1527; Code 1876, §19... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.05 - Borrowing of Money and Securing Same by Mortgage or Deed of Trust. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.05 - Borrowing of Money and Securing Same by Mortgage or Deed of Trust. | Section 10A-20-2.05
Borrowing of money and securing same by mortgage or deed of trust.
The trustees, or a majority of them, or authorized agents of any church, conference of churches, societies, or associations organized by special charter or under the general laws of this state, may borrow money to an amount as may be... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-06/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.06 - Sale and Conveyance of Property. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.06 - Sale and Conveyance of Property. | Section 10A-20-2.06
Sale and conveyance of property.
The trustees or other authorized agents of any church, conference of churches, society, association, or other corporation organized under this article may sell and convey all or part of the property thereof, real or personal, as they may be authorized to do by resolu... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-07/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.07 - Effect of Recital in Minutes on Proceedings Under Sections 10a-20-... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.07 - Effect of Recital in Minutes on Proceedings Under Sections 10a-20-2.05 and 10a-20-2.06. | Section 10A-20-2.07
Effect of recital in minutes on proceedings under Sections 10A-20-2.05 and 10A-20-2.06.
A recital upon the minutes of the proceedings of a society or church that the notice required in Sections 10A-20-2.05 and 10A-20-2.06 was given, and of the vote upon the question before the meeting shall be evide... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-08/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.08 - Burial Societies - Special Powers. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.08 - Burial Societies - Special Powers. | Section 10A-20-2.08
Burial societies - Special powers.
Burial societies so incorporated may exercise all powers necessary for properly governing, beautifying, improving, and taking care of such graveyard, and may make bylaws, rules, and regulations as are proper and necessary to secure the objects.
(Code 1867, §1532; C... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-2/section-10a-20-2-09/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 2 - Churches, Public Societies, and Graveyard Owners.›Section 10A-20-2.09 - Burial Societies - Chair and Members of Board. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 2 - Churches, Public Societies, and Graveyard Owners. › Section 10A-20-2.09 - Burial Societies - Chair and Members of Board. | Section 10A-20-2.09
Burial societies - Chair and members of board.
When a graveyard is wholly under the control of persons belonging to one denomination or faith, the elder, deacon, minister, bishop, or priest who is the head of the denomination in the city, town, village, or county shall be ex officio the chair of the... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-3/section-10a-20-3-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 3 - Conference of Ministers.›Section 10A-20-3.01 - Formation of Ministers Into Body Corporate. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 3 - Conference of Ministers. › Section 10A-20-3.01 - Formation of Ministers Into Body Corporate. | Section 10A-20-3.01
Formation of ministers into body corporate.
Whenever 10 or more ministers of the gospel or of any other religious faith or denomination desire to be legally formed into a body corporate, they shall file with the Secretary of State a declaration in writing, signed by them, setting forth the corporate... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-3/section-10a-20-3-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 3 - Conference of Ministers.›Section 10A-20-3.02 - Powers of Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 3 - Conference of Ministers. › Section 10A-20-3.02 - Powers of Corporation. | Section 10A-20-3.02
Powers of corporation.
All corporations formed under this article shall have and exercise these powers:
(1) To have perpetual succession by its corporate name;
(2) To take and grant property, to contract obligations, and to sue and be sued by its corporate name;
(3) To buy lands and other property, ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-3/section-10a-20-3-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 3 - Conference of Ministers.›Section 10A-20-3.03 - Changing of Corporate Name. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 3 - Conference of Ministers. › Section 10A-20-3.03 - Changing of Corporate Name. | Section 10A-20-3.03
Changing of corporate name.
Any annual conference that has heretofore been incorporated by an act of the Legislature of Alabama and desires to change its name or any corporation created under this article desiring to change its name may file with the Secretary of State a declaration in writing, show... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-3/section-10a-20-3-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 3 - Conference of Ministers.›Section 10A-20-3.04 - Incorporation by Successor of Unincorporated or Defectively Incorporated Confe... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 3 - Conference of Ministers. › Section 10A-20-3.04 - Incorporation by Successor of Unincorporated or Defectively Incorporated Conference. | Section 10A-20-3.04
Incorporation by successor of unincorporated or defectively incorporated conference.
Whenever any annual conference has heretofore been organized according to the law of any branch of the Christian church or of any other religious faith or denomination but has not been incorporated, or the act of in... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-4/section-10a-20-4-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 4 - State Conventions or Associations of Churches.›Section 10A-20-4.01 - Powers of Conventions or Associations. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 4 - State Conventions or Associations of Churches. › Section 10A-20-4.01 - Powers of Conventions or Associations. | Section 10A-20-4.01
Powers of conventions or associations.
State conventions or state associations of churches, generally known as congregational churches, which have been heretofore incorporated under any general or special law of the state or which may be hereafter incorporated under any general law of this state, sh... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-4/section-10a-20-4-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 4 - State Conventions or Associations of Churches.›Section 10A-20-4.02 - Establishment of Schools, Hospitals, Orphanages, etc., by State, Sect... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 4 - State Conventions or Associations of Churches. › Section 10A-20-4.02 - Establishment of Schools, Hospitals, Orphanages, etc., by State, Sectional, or National Conventions or Associatio... | Section 10A-20-4.02
Establishment of schools, hospitals, orphanages, etc., by state, sectional, or national conventions or associations.
Incorporated conventions or associations, as well as sectional or national conventions or associations of churches incorporated under the laws of any state, may establish schools, col... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-4/section-10a-20-4-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 4 - State Conventions or Associations of Churches.›Section 10A-20-4.03 - Perpetual Existence of Conventions or Association. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 4 - State Conventions or Associations of Churches. › Section 10A-20-4.03 - Perpetual Existence of Conventions or Association. | Section 10A-20-4.03
Perpetual existence of conventions or association.
All conventions or associations, heretofore incorporated under general or special laws or hereafter organized under general laws, shall have perpetual existence, and may hereafter do and perform any and all acts pertaining to the spread and propagat... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-4/section-10a-20-4-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 4 - State Conventions or Associations of Churches.›Section 10A-20-4.04 - Ratification and Confirmation of Corporate Existence. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 4 - State Conventions or Associations of Churches. › Section 10A-20-4.04 - Ratification and Confirmation of Corporate Existence. | Section 10A-20-4.04
Ratification and confirmation of corporate existence.
Any incorporated convention or association, heretofore organized under any general or special law or that may be hereafter under general laws organized, shall not lose its corporate existence by reason of failure to elect or appoint trustees or b... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-5/section-10a-20-5-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 5 - Educational Institutions.›Section 10A-20-5.01 - Amendment of Charter; Fees for Filing Same; Certified Copy Thereof. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 5 - Educational Institutions. › Section 10A-20-5.01 - Amendment of Charter; Fees for Filing Same; Certified Copy Thereof. | Section 10A-20-5.01
Amendment of charter; fees for filing same; certified copy thereof.
(a) Any educational institution heretofore incorporated under special act of the Legislature or under the general laws of the state may amend its charter as follows:
(1) The trustees of the corporation must adopt a resolution embrac... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-5/section-10a-20-5-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 5 - Educational Institutions.›Section 10A-20-5.02 - Distribution of Proceeds When Corporation Ceases Business. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 5 - Educational Institutions. › Section 10A-20-5.02 - Distribution of Proceeds When Corporation Ceases Business. | Section 10A-20-5.02
Distribution of proceeds when corporation ceases business.
When a corporation organized under the laws of Alabama for educational purposes, which corporation has issued shares of stock, whether or not the charter or laws of Alabama authorized the issue of stock, and which has ceased to engage in the... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-5/section-10a-20-5-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 5 - Educational Institutions.›Section 10A-20-5.03 - Disposition of Property of Educational Corporations Where the Stockholders Are... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 5 - Educational Institutions. › Section 10A-20-5.03 - Disposition of Property of Educational Corporations Where the Stockholders Are Unknown or the Number of Shares Is Unknown. | Section 10A-20-5.03
Disposition of property of educational corporations where the stockholders are unknown or the number of shares is unknown.
(a) Where the charter of any educational corporation organized under the laws of this state, general or special, provides for the issuance of stock and the stockholders are unkn... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.01 - Applicability of Article. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.01 - Applicability of Article. | Section 10A-20-6.01
Applicability of article.
Any nonstock nonprofit corporations organized for the purpose of establishing, maintaining, and operating a health care service plan under which health services are furnished to the public who become subscribers to the plan pursuant to contracts are authorized and shall be ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.02 - Incorporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.02 - Incorporation. | Section 10A-20-6.02
Incorporation.
(a) The incorporators of any corporation to be governed by this article shall prepare and deliver to the Secretary of State for filing a certificate of formation stating an intention to become a corporation, which certificate of formation shall be signed by each of the incorporators a... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.03 - Health Care Facilities Which May Participate. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.03 - Health Care Facilities Which May Participate. | Section 10A-20-6.03
Health care facilities which may participate.
Any health care facility capable of entering into a binding contract may participate as a member of the corporation if the health care facility:
(1) Is approved by the appropriate state licensing agency having regulatory control over the facility; and
(2... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.04 - Board of Directors. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.04 - Board of Directors. | Section 10A-20-6.04
Board of directors.
The property and business of the corporation shall be managed by a board of directors with the powers and authority necessary or incidental to the purposes of the corporation. The board shall be composed of not less than 15 nor more than 27 directors. Public directors, who shall ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.05 - Bylaws. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.05 - Bylaws. | Section 10A-20-6.05
Bylaws.
The power to adopt, alter, amend, or repeal bylaws shall be vested in the board of directors. The bylaws may contain any provisions for the regulation and management of the affairs of the corporation, including provisions for the number and selection of the board of directors, not inconsiste... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-06/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.06 - Altering, Amending, or Changing Certificate of Formation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.06 - Altering, Amending, or Changing Certificate of Formation. | Section 10A-20-6.06
Altering, amending, or changing certificate of formation.
The corporation may change its corporate name, the location of its principal office, or make other alteration, amendment, or change in its certificate of formation, as may be desired in the following manner:
(1) Its board of directors by a ma... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-07/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.07 - Certificates of Authority; Contracts With Public. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.07 - Certificates of Authority; Contracts With Public. | Section 10A-20-6.07
Certificates of authority; contracts with public.
Every corporation organized under this article shall procure from the Commissioner of Insurance a certificate of authority to do business, for which the corporation shall pay the sum of two hundred dollars ($200), and the certificates of authority sh... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-08/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.08 - License, Privilege, or Other Taxes by Municipalities or Counties Prohibited. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.08 - License, Privilege, or Other Taxes by Municipalities or Counties Prohibited. | Section 10A-20-6.08
License, privilege, or other taxes by municipalities or counties prohibited.
No license, privilege, or other tax shall be charged any corporation organized under this article by or on behalf of any city or municipality of this state, and no license, privilege, or other tax in excess of the amount pa... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-09/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.09 - Selection of Health Care Facility by Certificate Holders. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.09 - Selection of Health Care Facility by Certificate Holders. | Section 10A-20-6.09
Selection of health care facility by certificate holders.
Any holder in good standing of a certificate for a health service may select any health care facility which may be designated by a corporation to render the necessary health service thereunder.
(Acts 1935, No. 544, p. 1157; Code 1940, T. 28, ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.10 - Regulation of Rates, Charges, Fees, and Dues. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.10 - Regulation of Rates, Charges, Fees, and Dues. | Section 10A-20-6.10
Regulation of rates, charges, fees, and dues.
The rates, charges, fees, and dues to be paid by the public for benefits under a health service plan and for contracts or certificates covering same shall not be unreasonably high or excessive, shall be adequate to meet the liability assumed under the co... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.11 - Examination Power of Commissioner of Insurance. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.11 - Examination Power of Commissioner of Insurance. | Section 10A-20-6.11
Examination power of Commissioner of Insurance.
The Commissioner of Insurance or any of his or her designated deputies or examiners shall have the power of visitation and examination into the affairs of the corporation, shall have free access to all books, papers, and documents that relate to the bu... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.12 - Certificates for Agents; Filing of Health Service Certificates. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.12 - Certificates for Agents; Filing of Health Service Certificates. | Section 10A-20-6.12
Certificates for agents; filing of health service certificates.
Persons representing a health care service corporation organized under this chapter in writing or soliciting health care certificates for the corporation, and the health care service corporation with respect thereto, shall be subject to... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.13 - Deposit of Securities With State Treasurer. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.13 - Deposit of Securities With State Treasurer. | Section 10A-20-6.13
Deposit of securities with State Treasurer.
Every health care service corporation shall deposit with, and thereafter maintain on deposit with, the Treasurer of the State of Alabama bonds of the United States government or of the State of Alabama, or of any subdivision thereof, or first mortgages on ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.14 - Filing of Annual Statements. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.14 - Filing of Annual Statements. | Section 10A-20-6.14
Filing of annual statements.
(a) On or before the first day of March of each year, every company transacting business under this article in this state shall file with the Commissioner of Insurance a statement showing the amount of gross dues received by it for business done in this state during the ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.15 - Review of Decisions, etc., by Commissioner of Insurance. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.15 - Review of Decisions, etc., by Commissioner of Insurance. | Section 10A-20-6.15
Review of decisions, etc., by Commissioner of Insurance.
All decisions, findings, and orders of the Commissioner of Insurance made under this article shall be subject to review, revision, and reversal by proper proceedings brought in any court of competent jurisdiction within 30 days from the date o... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-6/section-10a-20-6-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 6 - Health Care Services Plans.›Section 10A-20-6.16 - Applicability of Insurance Laws. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 6 - Health Care Services Plans. › Section 10A-20-6.16 - Applicability of Insurance Laws. | Section 10A-20-6.16
Applicability of insurance laws.
(a) No statute of this state applying to insurance companies shall be applicable to any corporation organized under this article and amendments thereto or to any contract made by the corporation; except the corporation shall be subject to the following:
(1) The provi... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.01 - Definitions. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.01 - Definitions. | Section 10A-20-7.01
Definitions.
For the purposes of this article, the following terms shall have the meanings respectively ascribed to them by this section:
(1) BOARD OF DIRECTORS. The board of directors of the corporation created under this article.
(2) CORPORATION. An Alabama industrial development corporation creat... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.02 - Incorporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.02 - Incorporation. | Section 10A-20-7.02
Incorporation.
(a) Five or more financial institutions or persons, a majority of whom shall be residents of this state, who may desire to create an industrial development corporation under the provisions of this article for the purpose of promoting, developing, and advancing the prosperity and econo... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.03 - First Meeting. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.03 - First Meeting. | Section 10A-20-7.03
First meeting.
(a) The first meeting of the corporation shall be called by a notice signed by three or more of the incorporators, stating the time, place, and purpose of the meeting, a copy of which notice shall be mailed or delivered to each incorporator at least five days before the day appointed ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.04 - Powers of Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.04 - Powers of Corporation. | Section 10A-20-7.04
Powers of corporation.
In furtherance of its purposes and in addition to the powers now or hereafter conferred on business corporations by Alabama statutes, the corporation shall, subject to the restrictions and limitations contained in this section, have the following powers:
(1) To elect, appoint,... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.05 - Membership - Application; When Effective. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.05 - Membership - Application; When Effective. | Section 10A-20-7.05
Membership - Application; when effective.
Any financial institution may request membership in the corporation by making application to the board of directors on the form in the manner as the board of directors may require, and membership shall become effective upon acceptance of the application by t... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-06/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.06 - Membership - Withdrawal. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.06 - Membership - Withdrawal. | Section 10A-20-7.06
Membership - Withdrawal.
(a) Membership in the corporation shall be for the duration of the corporation; provided, that upon written notice given to the corporation five years in advance, a member may withdraw from membership in the corporation at the expiration date of the notice.
(b) A member shal... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-07/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.07 - Directors and Officers. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.07 - Directors and Officers. | Section 10A-20-7.07
Directors and officers.
(a) The business and affairs of the corporation shall be managed and conducted by a board of directors, a president, a vice-president, a secretary, a treasurer, and other officers and agents as the corporation by its bylaws shall authorize. The board of directors shall consis... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-08/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.08 - Corporation to Be State Development Company. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.08 - Corporation to Be State Development Company. | Section 10A-20-7.08
Corporation to be state development company.
Any corporation organized under this article shall be a state development company, as defined in the Small Business Investment Act of 1958, or any other similar federal legislation, and shall be authorized to operate on a statewide basis.
(Acts 1969, No. ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-09/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.09 - Powers of Stockholders and Members. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.09 - Powers of Stockholders and Members. | Section 10A-20-7.09
Powers of stockholders and members.
(a) The stockholders and the members of the corporation shall have the following powers of the corporation:
(1) To determine the number of and elect directors as provided in Section 10A-20-7.07.
(2) To make, amend, and repeal bylaws.
(3) To amend this charter as p... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.10 - Rights to Shares, Bonds, Securities, or Other Evidences of Corporate Indebtedn..... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.10 - Rights to Shares, Bonds, Securities, or Other Evidences of Corporate Indebtedness. | Section 10A-20-7.10
Rights to shares, bonds, securities, or other evidences of corporate indebtedness.
(a) Notwithstanding any rule at common law, any provision of any general or special law or any provision in their respective charters, agreements of association, certificate of formation, or trust indentures:
(1) Any ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-11/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.11 - Loans to Corporation by Members. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.11 - Loans to Corporation by Members. | Section 10A-20-7.11
Loans to corporation by members.
Each member of the corporation shall make loans to the corporation as and when called upon by it to do so on the terms and other conditions as shall be approved from time to time by the board of directors, subject to the following conditions:
(1) All loan limits shal... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-12/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.12 - Credit of State Not to Be Pledged. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.12 - Credit of State Not to Be Pledged. | Section 10A-20-7.12
Credit of state not to be pledged.
Under no circumstances shall the credit of the state be pledged to any corporation organized under this article.
(Acts 1969, No. 322, p. 681, §16; §10-4-141; amended and renumbered by Act 2009-513, p. 967, §336.) |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-13/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.13 - Taking of Security by Mortgage or Otherwise. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.13 - Taking of Security by Mortgage or Otherwise. | Section 10A-20-7.13
Taking of security by mortgage or otherwise.
Notwithstanding the provisions of any other law of this state, now or hereinafter enacted, any corporation organized under this article shall be authorized to take and receive security by a mortgage, or otherwise, on property, real and personal.
(Acts 196... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-14/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.14 - Tax Exemptions, Credits, and Privileges. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.14 - Tax Exemptions, Credits, and Privileges. | Section 10A-20-7.14
Tax exemptions, credits, and privileges.
Any tax exemptions, tax credits, or tax privileges granted to banks, savings and loan associations, trust companies, and other financial institutions by any general laws are granted to corporations organized pursuant to this article.
(Acts 1969, No. 322, p. 6... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-15/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.15 - Occupational License Taxes. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.15 - Occupational License Taxes. | Section 10A-20-7.15
Occupational license taxes.
Every corporation organized and engaged in business under this article shall pay an annual state occupational license tax of fifty dollars ($50). Counties and municipalities are authorized in addition to levy an occupational license tax.
(Acts 1969, No. 322, p. 681, §19; ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-16/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.16 - Setting Apart of Earned Surplus. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.16 - Setting Apart of Earned Surplus. | Section 10A-20-7.16
Setting apart of earned surplus.
Each year, the corporation shall set apart as earned surplus not less than 10 percent of its net earnings for the preceding fiscal year until the surplus shall be equal in value to one half of the amount paid in on the capital stock then outstanding. Whenever the amo... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-17/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.17 - Deposit of Funds in Designated Depository. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.17 - Deposit of Funds in Designated Depository. | Section 10A-20-7.17
Deposit of funds in designated depository.
The corporation shall not deposit any of its funds in any banking institution unless the institution has been designated as a depository by a vote of a majority of the directors present at an authorized meeting of the board of directors, exclusive of any di... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-18/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.18 - Annual Examination and Reports. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.18 - Annual Examination and Reports. | Section 10A-20-7.18
Annual examination and reports.
The corporation shall be examined at least once annually by a certified public accountant and shall file reports of its condition annually with the Secretary of State, who in turn shall make copies of the reports available to the Governor. The corporation shall pay th... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-19/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.19 - Fiscal Year. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.19 - Fiscal Year. | Section 10A-20-7.19
Fiscal year.
Corporations organized under this article shall adopt the calendar year as their fiscal year.
(Acts 1969, No. 322, p. 681, §22; §10-4-148; amended and renumbered by Act 2009-513, p. 967, §336.) |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-20/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.20 - Amendment of Certificate of Formation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.20 - Amendment of Certificate of Formation. | Section 10A-20-7.20
Amendment of certificate of formation.
(a) The certificate of formation may be amended by the votes of the stockholders and the members of the corporation, voting separately by classes, and the amendments shall require approval by the affirmative vote of two thirds of the votes to which the stockhol... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-21/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.21 - Duration of Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.21 - Duration of Corporation. | Section 10A-20-7.21
Duration of corporation.
The period of duration of the corporation shall be 50 years, subject, however, to the right of the stockholders and the members to dissolve the corporation prior to the expiration of the period as provided in Section 10A-20-7.22.
(Acts 1969, No. 322, p. 681, §14; §10-4-150; ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-22/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.22 - Dissolution. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.22 - Dissolution. | Section 10A-20-7.22
Dissolution.
A corporation may, upon the affirmative vote of two thirds of the votes to which the stockholders shall be entitled and two thirds of the votes to which the members shall be entitled, dissolve the corporation. Upon dissolution of the corporation, none of the corporation's assets shall b... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-7/section-10a-20-7-23/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 7 - Industrial Development Corporation.›Section 10A-20-7.23 - Applicability of Laws Regulating Securities. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 7 - Industrial Development Corporation. › Section 10A-20-7.23 - Applicability of Laws Regulating Securities. | Section 10A-20-7.23
Applicability of laws regulating securities.
The provisions of Title 8 and any other laws of this state regulating the issue, registration, and sale of securities shall not apply to any security issued by a corporation organized under this article.
(Acts 1969, No. 322, p. 681, §21; §10-4-152; amende... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.01 - Definitions. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.01 - Definitions. | Section 10A-20-8.01
Definitions.
For the purposes of this article, the following terms shall have the meanings respectively ascribed to them by this section:
(1) AFFILIATED ORGANIZATIONS. Organizations or boards deriving their powers, functions, funds, and property directly from the parent organization, as defined in t... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.02 - Right of Majority Group of Local Organization in Fraternal Property. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.02 - Right of Majority Group of Local Organization in Fraternal Property. | Section 10A-20-8.02
Right of majority group of local organization in fraternal property.
The right and equity are hereby recognized and declared on behalf of the majority group of any local organization owning title to or an interest in fraternal property to preserve and protect the same from impairment or loss, to pre... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.03 - Withdrawal From Parent Organization and Use of Fraternal Property Free From Tr... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.03 - Withdrawal From Parent Organization and Use of Fraternal Property Free From Trust Clause. | Section 10A-20-8.03
Withdrawal from parent organization and use of fraternal property free from trust clause.
(a) The majority group of any local organization may withdraw from the parent organization and, upon withdrawal, shall be permitted to devote the fraternal property to the uses originally intended free of the i... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.04 - Right to Set Up Unit Independent of Parent Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.04 - Right to Set Up Unit Independent of Parent Corporation. | Section 10A-20-8.04
Right to set up unit independent of parent corporation.
Whenever, as a result of action of the parent organization, any of its authoritative subdivisions, or its law-making body the majority group of any local organization shall determine that there has been a change of social policies, within the m... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.05 - Declaratory Actions - Institution of Action. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.05 - Declaratory Actions - Institution of Action. | Section 10A-20-8.05
Declaratory actions - Institution of action.
Upon resolution or written declaration by the majority group, upon giving 30 days' notice to the parent organization, and upon giving like notice to the organization membership or the official governing body of the local organization, a corporation formed... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-06/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.06 - Declaratory Actions - Service of Process. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.06 - Declaratory Actions - Service of Process. | Section 10A-20-8.06
Declaratory actions - Service of process.
Service of process in an action or proceeding may be had on the local organization by service on its administrative authority, one or more senior or representative members or other similar authority of the organization by service on the parent organization b... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-07/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.07 - Declaratory Actions - Averments of Plaintiff. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.07 - Declaratory Actions - Averments of Plaintiff. | Section 10A-20-8.07
Declaratory actions - Averments of plaintiff.
The plaintiff in an action may aver as a separate aspect or equity that the parent organization has made or sanctioned material changes in the laws, rules, social creed, or jurisdictional system with respect to social standards, practices, or policies wh... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-08/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.08 - Declaratory Actions - Judgment. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.08 - Declaratory Actions - Judgment. | Section 10A-20-8.08
Declaratory actions - Judgment.
If on final hearing the court shall find that the organization of the plaintiff corporation, subject to such further or amended conditions or provisions as the court may require or approve, is equitable and appropriate for administration as a fraternal or charitable t... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-09/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.09 - Averments as to Loans From Parent Organization; Judgment to Provide for Repaym... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.09 - Averments as to Loans From Parent Organization; Judgment to Provide for Repayment and Lien for Unsecured Loans. | Section 10A-20-8.09
Averments as to loans from parent organization; judgment to provide for repayment and lien for unsecured loans.
The complaint in any action authorized by this article shall state whether or not the local organization obtained from the parent organization or any of its affiliated organizations a loan... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-8/section-10a-20-8-10/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 8 - Local Fraternal Orders.›Section 10A-20-8.10 - Effect of Article on Existing Liens or Mortgages. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 8 - Local Fraternal Orders. › Section 10A-20-8.10 - Effect of Article on Existing Liens or Mortgages. | Section 10A-20-8.10
Effect of article on existing liens or mortgages.
Nothing in this article shall be construed to affect the validity of any existing lien or mortgage on the fraternal property or part thereof.
(Acts 1961, Ex. Sess., No. 176, p. 2137, §10; §10-4-179; amended and renumbered by Act 2009-513, p. 967, §33... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-9/section-10a-20-9-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 9 - Single-Tax and Other Mutual Economic Associations.›Section 10A-20-9.01 - Incorporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 9 - Single-Tax and Other Mutual Economic Associations. › Section 10A-20-9.01 - Incorporation. | Section 10A-20-9.01
Incorporation.
Ten or more persons desiring to associate themselves together for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperation, single-tax, or other economic principles, may become a body corporate in the m... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-9/section-10a-20-9-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 9 - Single-Tax and Other Mutual Economic Associations.›Section 10A-20-9.02 - Officers; Constitution; Bylaws. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 9 - Single-Tax and Other Mutual Economic Associations. › Section 10A-20-9.02 - Officers; Constitution; Bylaws. | Section 10A-20-9.02
Officers; constitution; bylaws.
Any corporation organized pursuant to this article may elect the officers as it may deem necessary, in such manner and for the terms as it may provide, and remove the same at any time, and adopt a constitution and bylaws as it may see fit not in conflict with the Cons... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-9/section-10a-20-9-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 9 - Single-Tax and Other Mutual Economic Associations.›Section 10A-20-9.03 - Powers. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 9 - Single-Tax and Other Mutual Economic Associations. › Section 10A-20-9.03 - Powers. | Section 10A-20-9.03
Powers.
A corporation formed pursuant to this article shall have the power to buy, sell, lease, and mortgage real estate, to build and operate wharves, boats, and other means of transportation and communication, to build, erect, and operate waterworks, electric lighting and power companies, librarie... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-9/section-10a-20-9-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 9 - Single-Tax and Other Mutual Economic Associations.›Section 10A-20-9.04 - Exemption of Certain Waterworks From Ad Valorem Taxes and State o... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 9 - Single-Tax and Other Mutual Economic Associations. › Section 10A-20-9.04 - Exemption of Certain Waterworks From Ad Valorem Taxes and State or County License Taxes on Gross Receipts. | Section 10A-20-9.04
Exemption of certain waterworks from ad valorem taxes and state or county license taxes on gross receipts.
All associations or corporations heretofore or hereafter organized pursuant to this article for the purpose of operating waterworks for unincorporated areas shall be exempt from the payment of ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-9/section-10a-20-9-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 9 - Single-Tax and Other Mutual Economic Associations.›Section 10A-20-9.05 - Recognition of Associations of Lessees, etc.; Arbitration of Cert... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 9 - Single-Tax and Other Mutual Economic Associations. › Section 10A-20-9.05 - Recognition of Associations of Lessees, etc.; Arbitration of Certain Disputes Arising Under Real Estate Lease... | Section 10A-20-9.05
Recognition of associations of lessees, etc.; arbitration of certain disputes arising under real estate leases.
(a) Any corporation organized under this article for the purpose of demonstrating the single tax principal shall, as soon as practicable after August 25, 1976, amend its corporate charter ... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-10/section-10a-20-10-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 10 - Private Foundations.›Section 10A-20-10.01 - Restrictions; Powers of Courts and Attorney General Not Impaired. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 10 - Private Foundations. › Section 10A-20-10.01 - Restrictions; Powers of Courts and Attorney General Not Impaired. | Section 10A-20-10.01
Restrictions; powers of courts and Attorney General not impaired.
(a) Notwithstanding any provision to the contrary in the certificate of formation, other governing instrument, or under any other law of this state, and except as otherwise provided by court order, or by a provision in the certificat... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-11/section-10a-20-11-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 11 - Alternation, Amendment, or Extension of Charter of Medical, Dental, Pharmaceutical, or Similar Associations.›Section 10A-20-11.01 - Alter... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 11 - Alternation, Amendment, or Extension of Charter of Medical, Dental, Pharmaceutical, or Similar Associations. › Section 10A-20-11.01 - Alteration, Amendment, or Extension of Charter by... | Section 10A-20-11.01
Alteration, amendment, or extension of charter by incorporated medical, dental, pharmaceutical, etc., association.
(a) Any incorporated medical association of the State of Alabama, Alabama Dental Association, Alabama Pharmaceutical Association, or other corporations organized similarly to the corpo... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-12/section-10a-20-12-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 12 - Alteration or Amendment of Charters of Corporations Not of a Business Character.›Section 10A-20-12.01 - Alteration or Amendment of Charte... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 12 - Alteration or Amendment of Charters of Corporations Not of a Business Character. › Section 10A-20-12.01 - Alteration or Amendment of Charter by Corporations Not of Business Character;... | Section 10A-20-12.01
Alteration or amendment of charter by corporations not of business character; filing and contents of declarations; issuance of certificate; provisions cumulative.
(a) Unless otherwise provided, any corporation, not of a business character, may alter or amend its charter whenever not less than three... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-13/section-10a-20-13-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 13 - Retail Merchants' Associations.›Section 10A-20-13.01 - Retail Merchants; Authority to Form Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 13 - Retail Merchants' Associations. › Section 10A-20-13.01 - Retail Merchants; Authority to Form Corporation. | Section 10A-20-13.01
Retail merchants; authority to form corporation.
Whenever 10 or more retail merchants wish to form an association, cooperative society, or corporation for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperation or o... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-14/section-10a-20-14-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 14 - Wholesale Merchants' Associations.›Section 10A-20-14.01 - Wholesale Merchants; Authority to Form Corporation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 14 - Wholesale Merchants' Associations. › Section 10A-20-14.01 - Wholesale Merchants; Authority to Form Corporation. | Section 10A-20-14.01
Wholesale merchants; authority to form corporation.
Whenever 10 or more wholesale merchants wish to form an association, cooperative society, or corporation for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperatio... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-15/section-10a-20-15-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 15 - Water Power Companies.›Section 10A-20-15.01 - Rights, Powers, and Authority. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 15 - Water Power Companies. › Section 10A-20-15.01 - Rights, Powers, and Authority. | Section 10A-20-15.01
Rights, powers, and authority.
All corporations organized under the general laws of this state, or heretofore under a special act of the Legislature, and all corporations organized under the laws of any other of the United States which have complied with the Constitution and laws of the State of Al... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-15/section-10a-20-15-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 15 - Water Power Companies.›Section 10A-20-15.02 - Duty to Serve Public. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 15 - Water Power Companies. › Section 10A-20-15.02 - Duty to Serve Public. | Section 10A-20-15.02
Duty to serve public.
Any corporation which exercises any of the rights conferred by this article shall, after the completion of its works and plants, be under the duty and obligation to the public to manufacture and sell to the public electric current produced at its plants; and any corporation ma... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-15/section-10a-20-15-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 15 - Water Power Companies.›Section 10A-20-15.03 - Procedure for Condemnation. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 15 - Water Power Companies. › Section 10A-20-15.03 - Procedure for Condemnation. | Section 10A-20-15.03
Procedure for condemnation.
The procedure for condemnation under this article shall be in the manner provided for the condemnation of lands and rights-of-way for public use in Chapter 1A of Title 18; or, at the option of the condemning party, in the manner provided in any other statute conferring t... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-15/section-10a-20-15-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 15 - Water Power Companies.›Section 10A-20-15.04 - Dams Considered as Authorized by Legislature. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 15 - Water Power Companies. › Section 10A-20-15.04 - Dams Considered as Authorized by Legislature. | Section 10A-20-15.04
Dams considered as authorized by Legislature.
Any dam erected in accordance with this article shall be considered a dam authorized by the Legislature of this state at the particular site selected and of the specific height and dimensions determined upon.
(Code 1907, §3634; Code 1923, §7200; Code 19... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-16/section-10a-20-16-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 16 - Liability of Officers of Nonprofit Organizations.›Section 10A-20-16.01 - Legislative Intent. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 16 - Liability of Officers of Nonprofit Organizations. › Section 10A-20-16.01 - Legislative Intent. | Section 10A-20-16.01
Legislative intent.
The Legislature finds and declares that the services of nonprofit corporations, organizations, associations, boards, authorities, and commissions are critical to the efficient conduct and management of the public, civic, and charitable affairs of the citizens of this state. Nonc... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-16/section-10a-20-16-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 16 - Liability of Officers of Nonprofit Organizations.›Section 10A-20-16.02 - Definitions. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 16 - Liability of Officers of Nonprofit Organizations. › Section 10A-20-16.02 - Definitions. | Section 10A-20-16.02
Definitions.
The following terms shall have the following respective meanings for the purposes of this chapter:
(1) OFFICER. Any officer, director, trustee, partner, manager, member, and governing person and other member of the governing authority of a qualified entity who does not receive compensa... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-16/section-10a-20-16-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 16 - Liability of Officers of Nonprofit Organizations.›Section 10A-20-16.03 - Officer Immune From Suit; Exception for Willful Misconduct, Frau... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 16 - Liability of Officers of Nonprofit Organizations. › Section 10A-20-16.03 - Officer Immune From Suit; Exception for Willful Misconduct, Fraud, or Gross Negligence; For-Profit Subsidiar... | Section 10A-20-16.03
Officer immune from suit; exception for willful misconduct, fraud, or gross negligence; for-profit subsidiary not immune.
Any noncompensated officer of a qualified entity shall be immune from suit and not subject to civil liability arising from the conduct of the affairs of the qualified entity exc... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-16/section-10a-20-16-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 16 - Liability of Officers of Nonprofit Organizations.›Section 10A-20-16.04 - Application. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 16 - Liability of Officers of Nonprofit Organizations. › Section 10A-20-16.04 - Application. | Section 10A-20-16.04
Application.
Nothing in this article shall be construed to affect any civil action brought by any qualified entity against any officer of such qualified entity or to create any liability that did not exist prior to the article's passage or to diminish any immunity from suit or liability now enjoyed... |
https://law.justia.com/codes/alabama/title-10a/chapter-20/article-16/section-10a-20-16-05/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 20 - Special Purpose Entities.›Article 16 - Liability of Officers of Nonprofit Organizations.›Section 10A-20-16.05 - Construction. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 20 - Special Purpose Entities. › Article 16 - Liability of Officers of Nonprofit Organizations. › Section 10A-20-16.05 - Construction. | Section 10A-20-16.05
Construction.
Nothing in this article shall be construed to affect any action brought under Title 41, Chapter 5.
(Acts 1987, No. 87-706, p. 1242, §5; §10-11-5; amended and renumbered by Act 2009-513, p. 967, §354.) |
https://law.justia.com/codes/alabama/title-10a/chapter-21/article-1/section-10a-21-1-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 21 - Certain Powers, Rights, and Duties of Corporations.›Article 1 - Corporate Political Contributions.›Section 10A-21-1.01 - Establishment of Segregated, Separate Political Funds; ... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 21 - Certain Powers, Rights, and Duties of Corporations. › Article 1 - Corporate Political Contributions. › Section 10A-21-1.01 - Establishment of Segregated, Separate Political Funds; Voluntary Contributions; Filing of Disclosur... | Section 10A-21-1.01
Establishment of segregated, separate political funds; voluntary contributions; filing of disclosure reports; violations.
Repealed by Act 2013-311, §3, effective August 1, 2013.
(Acts 1979, No. 79-705, p. 1253, §1; §10-1-2; amended and renumbered by Act 2009-513, p. 967, §356.) |
https://law.justia.com/codes/alabama/title-10a/chapter-21/article-1/section-10a-21-1-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 21 - Certain Powers, Rights, and Duties of Corporations.›Article 1 - Corporate Political Contributions.›Section 10A-21-1.02 - Giving Aid or Contribution to Political Party or Candid... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 21 - Certain Powers, Rights, and Duties of Corporations. › Article 1 - Corporate Political Contributions. › Section 10A-21-1.02 - Giving Aid or Contribution to Political Party or Candidate, etc.; Penalty; Exception for Voluntary ... | Section 10A-21-1.02
Giving aid or contribution to political party or candidate, etc.; penalty; exception for voluntary separate political fund.
Repealed by Act 2013-311, §3, effective August 1, 2013.
(Acts 1959, No. 414, p. 1055, §64; Acts 1979, No. 79-705, p. 1253, §3; Code 1975, §10-2-168; Acts 1981, No. 81-868, p. 1... |
https://law.justia.com/codes/alabama/title-10a/chapter-21/article-1/section-10a-21-1-03/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 21 - Certain Powers, Rights, and Duties of Corporations.›Article 1 - Corporate Political Contributions.›Section 10A-21-1.03 - Limitation on Amount of Political Contribution; Provisi... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 21 - Certain Powers, Rights, and Duties of Corporations. › Article 1 - Corporate Political Contributions. › Section 10A-21-1.03 - Limitation on Amount of Political Contribution; Provisions Supplemental. | Section 10A-21-1.03
Limitation on amount of political contribution; provisions supplemental.
Repealed by Act 2013-311, §3, effective August 1, 2013.
(Acts 1981, No. 81-543, p. 911, §§1, 3; Acts 1988, No. 88-107, p. 137, §1; §10-2A-70.01; amended and renumbered by Act 2009-513, p. 967, §356.) |
https://law.justia.com/codes/alabama/title-10a/chapter-21/article-1/section-10a-21-1-04/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 21 - Certain Powers, Rights, and Duties of Corporations.›Article 1 - Corporate Political Contributions.›Section 10A-21-1.04 - Corporation Contributions to Candidates, Parties, Etc. | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 21 - Certain Powers, Rights, and Duties of Corporations. › Article 1 - Corporate Political Contributions. › Section 10A-21-1.04 - Corporation Contributions to Candidates, Parties, Etc. | Section 10A-21-1.04
Corporation contributions to candidates, parties, etc.
Repealed by Act 2013-311, §3, effective August 1, 2013.
(Acts 1981, No. 81-860, p. 1631, §3; Acts 1988, No. 88-107, p. 137, §2; §10-2A-70.02; amended and renumbered by Act 2009-513, p. 967, §356.) |
https://law.justia.com/codes/alabama/title-10a/chapter-21/article-2/section-10a-21-2-01/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 21 - Certain Powers, Rights, and Duties of Corporations.›Article 2 - Corporate Powers of Eminent Domain.›Section 10A-21-2.01 - Power of Eminent Domain in Internal Improvement or Pub... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 21 - Certain Powers, Rights, and Duties of Corporations. › Article 2 - Corporate Powers of Eminent Domain. › Section 10A-21-2.01 - Power of Eminent Domain in Internal Improvement or Public Utility Corporations. | Section 10A-21-2.01
Power of eminent domain in internal improvement or public utility corporations.
Corporations formed for the purpose of constructing, operating, or maintaining railroads, street railroads, gas or electric works, water companies, power companies, canals, terminals, bridges, viaducts, wharves, piers, t... |
https://law.justia.com/codes/alabama/title-10a/chapter-21/article-2/section-10a-21-2-02/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 10A - Alabama Business and Nonprofit Entities Code.›Chapter 21 - Certain Powers, Rights, and Duties of Corporations.›Article 2 - Corporate Powers of Eminent Domain.›Section 10A-21-2.02 - Condemnation for Ways and Rights-of-Way, etc., by Rail... | 2023 Code of Alabama › Title 10A - Alabama Business and Nonprofit Entities Code. › Chapter 21 - Certain Powers, Rights, and Duties of Corporations. › Article 2 - Corporate Powers of Eminent Domain. › Section 10A-21-2.02 - Condemnation for Ways and Rights-of-Way, etc., by Railroad Companies. | Section 10A-21-2.02
Condemnation for ways and rights-of-way, etc., by railroad companies.
Railroad companies may, by condemnation, acquire real estate for ways and rights-of-way not exceeding 100 feet in width throughout the entire length of its lines, such other lands as may be necessary for ways and rights-of-way for... |
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