(a) The certificate of incorporation of any corporation organized under this article shall state:
(b) Any corporation at any time existing under this article or under Sections 11-50-230 through 11-50-241, as amended, may at any time amend its certificate of incorporation under the provisions of this article so as to include in the said certificate of incorporation any provision that may lawfully be included in an original certificate of incorporation filed under this article. Any such amendment may be effected in the following manner: The board of directors of the corporation shall adopt a resolution setting forth the proposed amendment, which shall include any proposed change in the name of such corporation. If the governing body of the municipality which authorized the incorporation of the corporation shall by resolution of its governing body consent to such proposed amendment, the chairman of the board of directors, or other chief executive officer of the corporation, and the secretary of the corporation shall then file in the office of the judge of probate of the county in which the certificate of incorporation of the corporation is filed, a certificate in the name of and in behalf of the corporation, under its seal, reciting the adoption of the said respective resolutions by the board of directors and by the said governing body and setting forth the said proposed amendment. The proposed amendment shall become effective upon the filing of such certificate in the said office.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 50 - Public Utilities.
Article 9 - Boards for Operation of Water, Sewer, Gas and Electric Systems.
Section 11-50-310 - Definitions.
Section 11-50-313 - Board of Directors.
Section 11-50-315 - Execution, etc., of Contracts as Security for Repayment of Moneys Borrowed.
Section 11-50-317 - Pledge of Revenues From and Mortgaging of Systems for Payment of Bonds.
Section 11-50-318 - Disposition of Proceeds From Sale of Bonds.
Section 11-50-319 - Exemption From Usury and Interest Statutes.