The articles of incorporation of a cooperative shall recite in the caption that they are executed pursuant to this chapter, shall be signed and acknowledged by each of the incorporators, and shall state: The name of the cooperative; the address of its principal office; the names and addresses of the incorporators; the names and addresses of the persons who shall constitute its first board of trustees; and any provisions not inconsistent with this chapter deemed necessary or advisable for the conduct of its business and affairs. Such articles of incorporation shall be submitted to the Secretary of State for filing as provided in this chapter. It shall not be necessary to set forth in the articles of incorporation of a cooperative the purpose for which it is organized or any of the corporate powers vested in a cooperative under this chapter.
Structure Code of Alabama
Title 37 - Public Utilities and Public Transportation.
Chapter 6 - Electric Cooperatives.
Article 1 - General Provisions.
Section 37-6-2 - Organization and Purpose.
Section 37-6-3 - Enumerated Powers.
Section 37-6-5 - Incorporators.
Section 37-6-6 - Articles of Incorporation - Generally.
Section 37-6-7 - Articles of Incorporation - Amendment.
Section 37-6-9 - Qualifications for Membership; Meetings; Voting.
Section 37-6-10 - Board of Trustees.
Section 37-6-11 - Voting Districts.
Section 37-6-13 - Consolidation Generally.
Section 37-6-14 - Merger Generally.
Section 37-6-15 - Effect of Consolidation or Merger.
Section 37-6-16 - Conversion of Existing Corporation Into Cooperative.
Section 37-6-18 - Dissolution.
Section 37-6-19 - Filing of Articles.
Section 37-6-20 - Disposition of Excess Revenues.
Section 37-6-22 - Nonliability of Members for Debts of Cooperative.
Section 37-6-24 - Waiver of Notice.
Section 37-6-25 - Acknowledgment of Instruments.
Section 37-6-26 - Foreign Corporations.
Section 37-6-28 - Bonds or Other Indebtedness - Consent of Department of Finance.
Section 37-6-27 - Exemption From Jurisdiction of Public Service Commission.
Section 37-6-29 - Bonds or Other Indebtedness - Exemption From Provisions of Securities Law.