A corporation may agree to submit a matter to a vote of its stockholders even if, after approving the matter, the board of directors determines it no longer recommends the matter.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2A - Alabama Business Corporation Law.
Article 8 - Directors and Officers.
Division B - Meetings and Action of the Board of Directors.
Section 10A-2A-8.20 - Meetings.
Section 10A-2A-8.21 - Action Without Meeting.
Section 10A-2A-8.22 - Notice of Meeting.
Section 10A-2A-8.23 - Waiver of Notice.
Section 10A-2A-8.24 - Quorum and Voting.
Section 10A-2A-8.25 - Committees of the Board.
Section 10A-2A-8.26 - Submission of Matters for Stockholder Vote.