Code of Alabama
Chapter 2A - Alabama Business Corporation Law.
Article 7 - Stockholders.

Division A - Meetings.

Section 10A-2A-7.01 - Annual Meetings. - (a) Unless directors are elected by written consent in lieu...

Section 10A-2A-7.02 - Special Meetings. - (a) Special meetings of the stockholders may be called by...

Section 10A-2A-7.03 - Court-Ordered Meetings. - (a) The designated court, and if none, the circuit court...

Section 10A-2A-7.04 - Action Without Meeting. - (a) Unless otherwise provided in the certificate of incorporation, any...

Section 10A-2A-7.05 - Notice of Meeting. - (a) A corporation shall notify stockholders of the place, if...

Section 10A-2A-7.06 - Waiver of Notice. - (a) A stockholder may waive any notice required by this...

Section 10A-2A-7.07 - Record Date for Meeting. - (a) The certificate of incorporation or bylaws may fix or...

Section 10A-2A-7.08 - Conduct of Meeting. - Unless the certificate of incorporation or bylaws provide otherwise, a...

Section 10A-2A-7.09 - Remote Participation in Stockholders' Meetings; Meetings Held Solely by Remote Participation. - (a) Stockholders of any class or series of stock may...

Division B - Voting.

Section 10A-2A-7.20 - Stockholders' List for Meeting. - (a) After fixing a record date for a meeting, a...

Section 10A-2A-7.21 - Voting Entitlement of Stock. - (a) Except as provided in subsections (b) and (d) or...

Section 10A-2A-7.22 - Proxies. - (a) A stockholder may vote the stockholder's stock in person...

Section 10A-2A-7.23 - Stock Held by Intermediaries and Nominees. - (a) A corporation's board of directors may establish a procedure...

Section 10A-2A-7.24 - Acceptance of Votes and Other Instruments. - (a) If the name signed on a vote, ballot, consent,...

Section 10A-2A-7.25 - Quorum and Voting Requirements for Voting Groups. - (a) Stock entitled to vote as a separate voting group...

Section 10A-2A-7.26 - Action by Single and Multiple Voting Groups. - (a) If the certificate of incorporation or this chapter provides...

Section 10A-2A-7.27 - Modifying Quorum or Voting Requirements. - An amendment to the certificate of incorporation that adds, changes,...

Section 10A-2A-7.28 - Voting for Directors; Cumulative Voting. - (a) Unless otherwise provided in the certificate of incorporation, directors...

Section 10A-2A-7.29 - Inspectors of Election. - (a) The corporation shall, in advance of any meeting of...

Division C - Voting Trusts and Agreements.

Section 10A-2A-7.30 - Voting Trusts. - (a) One or more stockholders may create a voting trust,...

Section 10A-2A-7.31 - Voting Agreements. - (a) Two or more stockholders may provide for the manner...

Section 10A-2A-7.32 - Stockholder Agreements. - (a) An agreement among the stockholders of a corporation that...

Division D - Derivative Proceedings.

Section 10A-2A-7.40 - Division Definitions. - In this division: (1) COURT means the designated court, and...

Section 10A-2A-7.41 - Right of Derivative Action. - A stockholder may commence or maintain a derivative action in...

Section 10A-2A-7.42 - Standing. - A stockholder may commence or maintain a derivative action in...

Section 10A-2A-7.43 - Demand. - A stockholder may commence a derivative action in the right...

Section 10A-2A-7.44 - Pleading. - In a derivative action, the complaint must state with particularity:...

Section 10A-2A-7.45 - Stay of Proceedings. - For the purpose of allowing the corporation time to undertake...

Section 10A-2A-7.46 - Discontinuance or Settlement. - A derivative action may not be dismissed or compromised without...

Section 10A-2A-7.47 - Proceeds and Expenses. - (a) Except as otherwise provided in subsection (b): (1) any...

Section 10A-2A-7.48 - Applicability to Foreign Corporations. - In any derivative action in the right of a foreign...