REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
(a) The board of directors of a corporation shall adopt initial bylaws for the corporation unless the right to adopt the initial bylaws is reserved to the shareholders in the articles of incorporation.
(b) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or the articles of incorporation.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2 - Business Corporations.
Article 2 - Formation and Governing Documents.
Section 10A-2-2.01 - Incorporators.
Section 10A-2-2.02 - Supplemental Provisions Required or Permitted in Articles of Incorporation.
Section 10A-2-2.03 - Incorporation.
Section 10A-2-2.04 - Liability for Preincorporation Transactions.
Section 10A-2-2.05 - Organization of Corporation.
Section 10A-2-2.07 - Emergency Bylaws.
Section 10A-2-2.08 - Incorporation by Purchasers of Property or Franchise of Corporation.