Code of Alabama
Title 10 - Corporations, Partnerships, and Associations.
Chapter 2B - Business Corporations.

Section 10-2B-1.25 - Place of Filing and Filing Duties of Probate Judge and Secretary of State. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-1.26 - Appeal From Probate Judge's or Secretary of State's Refusal to File Document. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-1.27 - Evidentiary Effect of Copy of Filed Document. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-1.28 - Certificate of Existence. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-1.29 - Penalty for Signing False Document. - All provisions of Title 10 have been repealed or transferred...

Division C - Probate Judge and Secretary of State.

Section 10-2B-1.30 - Powers of Probate Judge and Secretary of State. - All provisions of Title 10 have been repealed or transferred...

Division D - Definitions.

Section 10-2B-1.40 - Definitions. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-1.41 - Notice. - All provisions of Title 10 have been repealed or transferred...

Article 2 - Incorporation.

Section 10-2B-2.01 - Incorporators. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.02 - Articles of Incorporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.03 - Incorporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.04 - Liability for Preincorporation Transaction. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.05 - Organization of Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.06 - Bylaws. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.07 - Emergency Bylaws. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-2.08 - Incorporation by Purchasers of Property or Franchise of Corporation. - All provisions of Title 10 have been repealed or transferred...

Article 3 - Purposes and Powers.

Section 10-2B-3.01 - Purposes. - Corporations may be organized under this chapter for any lawful...

Section 10-2B-3.02 - General Powers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-3.03 - Emergency Powers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-3.04 - Ultra Vires. - All provisions of Title 10 have been repealed or transferred...

Article 4 - Name.

Section 10-2B-4.01 - Corporate Name. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-4.03 - Registered Name. - All provisions of Title 10 have been repealed or transferred...

Article 5 - Office and Agent.

Section 10-2B-5.01 - Registered Office and Registered Agent. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-5.02 - Change of Registered Office or Registered Agent. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-5.03 - Resignation of Registered Agent. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-5.04 - Service on Corporation. - All provisions of Title 10 have been repealed or transferred...

Article 6 - Shares and Distributions.

Division A - Shares.

Section 10-2B-6.01 - Authorized Shares. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.02 - Terms of Class or Series Determined by Board of Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.03 - Issued and Outstanding Shares. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.04 - Fractional Shares. - All provisions of Title 10 have been repealed or transferred...

Division B - Issuance of Shares.

Section 10-2B-6.20 - Subscription for Shares Before Incorporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.21 - Issuance of Shares. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.22 - Liability of Shareholders and Subscribers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.23 - Share Dividends. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.24 - Share Options. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.25 - Form and Content of Certificates. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.26 - Shares Without Certificates. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.27 - Restriction on Transfer of Shares and Other Securities. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.28 - Expense of Issue. - All provisions of Title 10 have been repealed or transferred...

Division C - Subsequent Acquisition of Shares by Shareholders and Corporation.

Section 10-2B-6.30 - Shareholders' Preemptive Rights. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.31 - Corporation's Acquisition of Its Own Shares. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-6.32 - Cancellation of Reacquired Shares. - All provisions of Title 10 have been repealed or transferred...

Division D - Distributions.

Section 10-2B-6.40 - Distributions to Shareholders. - All provisions of Title 10 have been repealed or transferred...

Article 7 - Shareholders.

Division A - Meetings.

Section 10-2B-7.01 - Annual Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.02 - Special Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.03 - Court-Ordered Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.04 - Action Without Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.05 - Notice of Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.06 - Waiver of Notice. - (a) A shareholder may waive any notice required by the...

Section 10-2B-7.07 - Record Date. - All provisions of Title 10 have been repealed or transferred...

Division B - Voting.

Section 10-2B-7.20 - Shareholders' List for Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.21 - Voting Entitlement of Shares. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.22 - Proxies. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.23 - Shares Held by Nominees. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.24 - Corporation's Acceptance of Votes. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.25 - Quorum and Voting Requirements for Voting Groups. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.26 - Action by Single and Multiple Voting Groups. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.27 - Greater Quorum or Voting Requirements. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.28 - Voting for Directors; Cumulative Voting. - All provisions of Title 10 have been repealed or transferred...

Division C - Voting Trusts and Agreements.

Section 10-2B-7.30 - Voting Trust. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.31 - Voting Agreements. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-7.32 - Shareholder Agreements. - All provisions of Title 10 have been repealed or transferred...

Article 8 - Directors and Officers.

Division A - Board of Directors.

Section 10-2B-8.01 - Requirement for and Duties of Board of Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.02 - Qualifications of Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.03 - Number and Election of Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.04 - Election of Directors by Certain Classes of Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.05 - Terms of Directors Generally. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.06 - Staggered Terms for Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.07 - Resignation of Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.08 - Removal of Directors by Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.09 - Removal of Directors by Judicial Proceeding. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.10 - Vacancy on Board. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.11 - Compensation of Directors. - All provisions of Title 10 have been repealed or transferred...

Division B - Meetings and Actions of the Board.

Section 10-2B-8.20 - Meetings. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.21 - Action Without Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.22 - Notice of Meeting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.23 - Waiver of Notice. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.24 - Quorum and Voting. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.25 - Committees. - All provisions of Title 10 have been repealed or transferred...

Division C - Standards of Conduct.

Section 10-2B-8.30 - General Standards for Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.31 - Fiduciary Obligations Not Impaired. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.32 - Depreciating Stocks or Bonds of Corporation With Intent to Buy. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.33 - Liability for Unlawful Distributions. - All provisions of Title 10 have been repealed or transferred...

Division D - Officers.

Section 10-2B-8.40 - Required Officers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.41 - Duties of Officers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.42 - Standards of Conduct for Officers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.43 - Resignation and Removal of Officers. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.44 - Contract Rights of Officers. - All provisions of Title 10 have been repealed or transferred...

Division E - Indemnification.

Section 10-2B-8.50 - Definitions. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.51 - Authority to Indemnify. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.52 - Mandatory Indemnification. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.53 - Advance for Expenses. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.54 - Court-Ordered Indemnification. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.55 - Determination and Authorization of Indemnification. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.56 - Indemnification of Officers, Employees, and Agents. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.57 - Insurance. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.58 - Application of Indemnification Provisions. - All provisions of Title 10 have been repealed or transferred...

Division F - Directors' Conflicting Interest Transactions.

Section 10-2B-8.60 - Definitions. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.61 - Judicial Action. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.62 - Directors' Action. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-8.63 - Shareholders' Action. - All provisions of Title 10 have been repealed or transferred...

Article 10 - Amendment of Articles of Incorporation and Bylaws.

Division A - Amendment of Articles of Incorporation.

Section 10-2B-10.01 - Authority to Amend Articles of Incorporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.02 - Amendment by Board of Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.03 - Amendment by Board of Directors and Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.04 - Voting on Amendments by Voting Groups. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.05 - Amendment Before Issuance of Shares. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.06 - Articles of Amendment. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.07 - Restated Articles of Incorporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.08 - Amendment Pursuant to Reorganization. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.09 - Effect of Amendment. - All provisions of Title 10 have been repealed or transferred...

Division B - Amendment of Bylaws.

Section 10-2B-10.20 - Amendment by Board of Directors or Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.21 - Bylaw Increasing Quorum or Voting Requirement for Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-10.22 - Bylaw Increasing Quorum or Voting Requirement for Directors. - All provisions of Title 10 have been repealed or transferred...

Article 11 - Merger and Share Exchange.

Division A - Mergers and Share Exchanges With Other Corporations.

Section 10-2B-11.01 - Merger. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.02 - Share Exchange. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.03 - Action on Plan. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.04 - Merger of Subsidiary. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.05 - Articles of Merger or Share Exchange. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.06 - Effect of Merger or Share Exchange. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.07 - Merger or Share Exchange With Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-11.08 - Merger of Limited Partnership With Corporation. - All provisions of Title 10 have been repealed or transferred...

Article 12 - Sale or Mortgage of Assets.

Section 10-2B-12.01 - Sale of Assets in Regular Course of Business and Mortgage of Assets. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-12.02 - Sale of Assets Other Than in Regular Course of Business. - All provisions of Title 10 have been repealed or transferred...

Article 13 - Dissenters' Rights.

Division A - Right to Dissent and Obtain Payment for Shares.

Section 10-2B-13.01 - Definitions. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.02 - Right to Dissent. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.03 - Dissent by Nominees and Beneficial Owners. - All provisions of Title 10 have been repealed or transferred...

Division B - Procedure for Exercise of Dissenters' Rights.

Section 10-2B-13.20 - Notice of Dissenters' Rights. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.21 - Notice of Intent to Demand Payment. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.22 - Dissenters' Notice. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.23 - Duty to Demand Payment. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.24 - Share Restrictions. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.25 - Offer of Payment. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.26 - Failure to Take Corporate Action. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.28 - Procedure if Shareholder Dissatisfied With Offer of Payment. - All provisions of Title 10 have been repealed or transferred...

Division C - Judicial Appraisal of Shares.

Section 10-2B-13.30 - Court Action. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.31 - Court Costs and Counsel Fees. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-13.32 - Status of Shares After Payment. - All provisions of Title 10 have been repealed or transferred...

Article 14 - Dissolution.

Division A - Voluntary Dissolution.

Section 10-2B-14.01 - Dissolution by Incorporators or Initial Directors. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.02 - Dissolution by Board of Directors and Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.03 - Articles of Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.04 - Revocation of Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.05 - Effect of Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.06 - Known Claims Against Dissolved Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.07 - Unknown Claims Against Dissolved Corporation. - All provisions of Title 10 have been repealed or transferred...

Division B - Administrative Dissolution.

Section 10-2B-14.20 - Grounds for Administrative Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.21 - Procedure for and Effect of Administrative Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.22 - Reinstatement Following Administrative Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.23 - Appeal From Denial of Reinstatement. - All provisions of Title 10 have been repealed or transferred...

Division C - Judicial Dissolution.

Section 10-2B-14.30 - Grounds for Judicial Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.31 - Procedure for Judicial Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.32 - Receivership or Custodianship. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.33 - Decree of Dissolution. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-14.34 - Election to Purchase in Lieu of Dissolution. - All provisions of Title 10 have been repealed or transferred...

Division D - Miscellaneous.

Section 10-2B-14.40 - Deposit With Commissioner of Revenue. - All provisions of Title 10 have been repealed or transferred...

Article 15 - Foreign Corporations.

Division A - Certificate of Authority.

Section 10-2B-15.01 - Authority to Transact Business Required. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.02 - Consequences of Transacting Business Without Authority. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.03 - Application for Certificate of Authority. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.04 - Amended Certificate of Authority. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.05 - Effect of Certificate of Authority. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.06 - Corporate Name of Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.07 - Registered Office and Registered Agent of Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.08 - Change of Registered Office or Registered Agent of Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.09 - Resignation of Registered Agent of Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.10 - Service on Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.11 - Out of State Business or Property of Foreign Corporation Not Subject to Control or Regulation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.12 - Right of Eminent Domain. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.13 - Extension of Lines, Tracks, Ways, or Works Into State. - All provisions of Title 10 have been repealed or transferred...

Division B - Withdrawal.

Section 10-2B-15.20 - Withdrawal of Foreign Corporation. - All provisions of Title 10 have been repealed or transferred...

Division C - Revocation of Certificate of Authority.

Section 10-2B-15.30 - Grounds for Revocation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.31 - Procedure for and Effect of Revocation. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.32 - Appeal From Revocation. - All provisions of Title 10 have been repealed or transferred...

Division D - Acting in a Fiduciary Capacity.

Section 10-2B-15.40 - Definitions. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.41 - Authority of Foreign Corporation to Act as Fiduciary. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.42 - Filing of Verified Statement With Commissioner of Revenue by Foreign Corporation Prior to Acting as Fiduciary. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.43 - Foreign Corporation Acting as Fiduciary Not Deemed Doing Business in This State. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.44 - Foreign Corporation Previously Acting in Fiduciary Capacity in State. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-15.45 - Service of Process on Foreign Corporation Acting in Fiduciary Capacity. - All provisions of Title 10 have been repealed or transferred...

Article 16 - Records and Reports.

Division A - Records.

Section 10-2B-16.01 - Corporate Records. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-16.02 - Inspection of Records by Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-16.03 - Scope of Inspection Right. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-16.04 - Court-Ordered Inspection. - All provisions of Title 10 have been repealed or transferred...

Division B - Reports.

Section 10-2B-16.20 - Financial Statements for Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-16.21 - Other Reports to Shareholders. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-16.22 - Annual Report for Secretary of State. - All provisions of Title 10 have been repealed or transferred...

Article 17 - Application.

Section 10-2B-17.01 - Application to Existing Domestic Corporations. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-17.02 - Application to Qualified Foreign Corporations. - All provisions of Title 10 have been repealed or transferred...

Section 10-2B-17.03 - Saving Provisions. - All provisions of Title 10 have been repealed or transferred...

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Code of Alabama Title 10 - Corporations, Partnerships, and Associations. Chapter 2B - Business Corporations.

Code of Alabama
Title 10 - Corporations, Partnerships, and Associations.
Chapter 2B - Business Corporations.