Any corporation, as originally formed under this chapter, or a corporation resulting from the consolidation of two or more corporations may extend its territory by filing in the office of the officer charged with the duty of recording deeds of the county in which such new territory is located a certificate subscribed and acknowledged in the same manner as an original certificate of incorporation under this chapter by the president or a vice-president and the secretary or an assistant secretary of the corporation, which shall set forth: The name of the corporation; a reasonable description of the new territory; that the corporation is ready and able to extend forthwith its system into such new territory to the extent that it may economically do so. In the event that such new territory includes part of the territory of another corporation or corporations, then such certificate shall contain a statement to the effect that such other corporation or corporations have been requested in writing to construct the extensions which the corporation wishing to extend its territory is ready and able to construct and that such other corporation or corporations are not ready and able to do so. Unless such other corporation or corporations shall commence construction of such extensions within 30 days after being requested so to do, this shall be conclusive evidence as to the fact that such other corporation or corporations are not ready and able to construct such extensions. Construction of such extensions begun by such other corporation or corporations within said 30 day period must be continued with reasonable diligence.
Structure Code of Alabama
Title 37 - Public Utilities and Public Transportation.
Chapter 7 - Electric Membership Corporations.
Section 37-7-2 - Formation and Purpose Generally.
Section 37-7-3 - Form and Contents of Certificate of Incorporation.
Section 37-7-4 - Persons Executing Certificate to Be Residents; Acknowledgment and Filing.
Section 37-7-5 - Board of Directors - Election; Expenses; President; Secretary.
Section 37-7-6 - Board of Directors - Powers.
Section 37-7-7 - Certificates of Membership; Voting.
Section 37-7-8 - Corporate Purpose; Membership Fees; Service to Nonmembers; Service Outside State.
Section 37-7-9 - Vesting of Powers for Accomplishment of Corporate Purpose.
Section 37-7-10 - Enumerated Powers.
Section 37-7-11 - Encumbering or Disposing of Property.
Section 37-7-12 - Bonds or Obligations - Consent of Department of Finance.
Section 37-7-13 - Bonds or Obligations - Manner of Sale or Issuance.
Section 37-7-14 - Bonds or Obligations - Covenants or Agreements.
Section 37-7-16 - Consolidation.
Section 37-7-15 - Bonds or Obligations - Purchase of Own Obligations.
Section 37-7-17 - Extension of Territory.
Section 37-7-18 - Charges for Services Rendered.
Section 37-7-19 - Dissolution.
Section 37-7-20 - Foreign Corporations.
Section 37-7-21 - Amendment of Certificate of Incorporation.