Approval by Specified Person or Group of Persons

Ala. Code § 10A-3A-9.30 — under Title 10A.

Ala. Code § 10A-3A-9.30

(a) The certificate of incorporation of a membership nonprofit corporation may require that an amendment to the certificate of incorporation, including amendments under Section 10A-3A-9.03(g), be approved in writing by a specified person or group of persons in addition to the board of directors and members. The certificate of incorporation of a nonmembership nonprofit corporation may require that an amendment to the certificate of incorporation be approved in writing by a specified person or group of persons in addition to the board of directors. (b) The certificate of incorporation or bylaws of a membership nonprofit corporation may require that an amendment to the bylaws be approved in writing by a specified person or group of persons in addition to the board of directors and members. The certificate of incorporation or bylaws of a nonmembership nonprofit corporation may require that an amendment to the bylaws be approved in writing by a specified person or group of persons in addition to the board of directors. (c) A requirement in the certificate of incorporation or bylaws described in subsection (a) or (b) may only be amended with the approval in writing of the specified person or group of persons.

History: (Act 2023-503, §1.)