Code of Alabama
Chapter 2A - Alabama Business Corporation Law.
Article 6 - Stock and Distributions.

Division A - Authorized Stock.

Section 10A-2A-6.01 - Authorized Stock. - (a) The certificate of incorporation must set forth any classes...

Section 10A-2A-6.02 - Terms of Class or Series Determined by Board of Directors. - (a) When any corporation desires to issue any shares of...

Section 10A-2A-6.03 - Issued and Outstanding Stock. - (a) A corporation may issue the number of shares of...

Section 10A-2A-6.04 - Fractional Stock. - THIS SECTION WAS AMENDED BY ACT 2022-124 IN THE 2022...

Division B - Issuance of Stock.

Section 10A-2A-6.20 - Subscription for Stock Before Incorporation. - (a) A subscription for stock entered into before incorporation is...

Section 10A-2A-6.21 - Issuance of Stock. - (a) The powers granted in this section to the board...

Section 10A-2A-6.22 - Liability of Stockholders. - (a) A purchaser from a corporation of the corporation's own...

Section 10A-2A-6.23 - Stock Dividends. - (a) Unless the certificate of incorporation provides otherwise, stock may...

Section 10A-2A-6.24 - Stock Rights, Options, Warrants, and Awards. - (a) A corporation may issue rights, options, or warrants for...

Section 10A-2A-6.25 - Form and Content of Certifications. - (a) Stock may, but need not, be represented by certificates....

Section 10A-2A-6.26 - Uncertificated Interests. - (a) Unless the certificate of incorporation or bylaws provide otherwise,...

Section 10A-2A-6.27 - Restriction on Transfer of Stock. - (a) The certificate of incorporation, the bylaws, an agreement among...

Section 10A-2A-6.28 - Expense of Issue. - A corporation may pay the expenses of selling or underwriting...

Division C - Subsequent Acquisition of Stock by Stockholders and Corporation.

Section 10A-2A-6.30 - Stockholders' Preemptive Rights. - (a) The stockholders of a corporation do not have a...

Section 10A-2A-6.31 - Corporation's Acquisition of Its Own Stock. - (a) A corporation may acquire its own stock, and, unless...

Division D - Distributions.

Section 10A-2A-6.40 - Distributions to Stockholders. - (a) The board of directors may authorize and the corporation...