Code of Alabama
Title 37 - Public Utilities and Public Transportation.
Chapter 7 - Electric Membership Corporations.

Section 37-7-1 - Definitions. - The following terms, whenever used or referred to in this...

Section 37-7-2 - Formation and Purpose Generally. - Any number of natural persons not less than three may...

Section 37-7-3 - Form and Contents of Certificate of Incorporation. - The certificate of incorporation shall be entitled and endorsed "CERTIFICATE...

Section 37-7-4 - Persons Executing Certificate to Be Residents; Acknowledgment and Filing. - The natural persons executing the certificate of incorporation shall be...

Section 37-7-5 - Board of Directors - Election; Expenses; President; Secretary. - Each corporation formed under this chapter shall have a board...

Section 37-7-6 - Board of Directors - Powers. - The board shall have power to do all things necessary...

Section 37-7-7 - Certificates of Membership; Voting. - A corporation may issue to its members certificates of membership,...

Section 37-7-8 - Corporate Purpose; Membership Fees; Service to Nonmembers; Service Outside State. - The corporate purpose of each corporation formed under this chapter...

Section 37-7-9 - Vesting of Powers for Accomplishment of Corporate Purpose. - Each corporation formed under this chapter is vested with all...

Section 37-7-10 - Enumerated Powers. - A corporation created under the provisions of this chapter shall...

Section 37-7-11 - Encumbering or Disposing of Property. - No corporation may sell, mortgage, lease or otherwise encumber or...

Section 37-7-12 - Bonds or Obligations - Consent of Department of Finance. - No bonds or obligations of any corporation formed under this...

Section 37-7-13 - Bonds or Obligations - Manner of Sale or Issuance. - A corporation formed under this chapter shall have power and...

Section 37-7-14 - Bonds or Obligations - Covenants or Agreements. - In connection with the issuance of any obligations, a corporation...

Section 37-7-16 - Consolidation. - Any two or more corporations created under the provisions of...

Section 37-7-15 - Bonds or Obligations - Purchase of Own Obligations. - A corporation shall have power out of any funds available...

Section 37-7-17 - Extension of Territory. - Any corporation, as originally formed under this chapter, or a...

Section 37-7-18 - Charges for Services Rendered. - A corporation formed under this chapter shall have power to...

Section 37-7-19 - Dissolution. - Any corporation created under this chapter may be dissolved by...

Section 37-7-20 - Foreign Corporations. - Any corporation or association organized under generally similar laws of...

Section 37-7-21 - Amendment of Certificate of Incorporation. - A corporation created under this chapter may amend its certificate...