(a) A corporation may amend its certificate of incorporation at any time to add or change a provision that is required or permitted in the certificate of incorporation as of the effective date of the amendment or to delete a provision that is not required to be contained in the certificate of incorporation. Whether a provision is required or permitted in the certificate of incorporation is determined as of the effective date of the amendment.
(b) A stockholder of the corporation does not have a vested property right resulting from any provision in the certificate of incorporation, including provisions relating to management, control, capital structure, dividend entitlement, or purpose or duration of the corporation.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2A - Alabama Business Corporation Law.
Article 10 - Amendment of Certificate of Incorporation and Bylaws.
Division A - Amendment of Certificate of Incorporation.
Section 10A-2A-10.01 - Authority to Amend.
Section 10A-2A-10.02 - Amendment Before Issuance of Stock.
Section 10A-2A-10.03 - Amendment by Board of Directors and Stockholders.
Section 10A-2A-10.04 - Voting on Amendments by Voting Groups.
Section 10A-2A-10.05 - Amendment by Board of Directors.
Section 10A-2A-10.06 - Certificate of Amendment.
Section 10A-2A-10.07 - Restated Certificate of Incorporation.
Section 10A-2A-10.08 - Amendment Pursuant to Reorganization.