Title 10A — Title 10A
0 chapters · 1,493 sections in this title.
Ala. Code § 10A-18-1.01 Short Title
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This chapter and the provisions of Chapter 1, to the extent applicable to Alabama statewide trade associations, may be cited as the Alabama Statewide Trade Association Law. History: (Act 2024-413, §3.)
Ala. Code § 10A-18-1.02 Applicability of Alabama Nonprofit Corporation Law
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The provisions of the Alabama Nonprofit Corporation Law shall apply to Alabama statewide trade associations, except to the extent they are inconsistent with the provisions of this chapter. History: (Act 2024-413, §3.)
Ala. Code § 10A-18-1.03 Definitions
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As used in this chapter, unless the context otherwise requires, the term: (a) ALABAMA STATEWIDE TRADE ASSOCIATION means a domestic entity that is formed under or is governed by the Alabama Nonprofit Corporation Law and that: (1) is a membership nonprofit corporation as defined in…
Ala. Code § 10A-18-1.04 Alabama Statewide Trade Association Records
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(a) In lieu of any records required to be maintained by a membership nonprofit corporation under the Alabama Nonprofit Corporation Law, a statewide trade association must maintain the following records: (1) its certificate of incorporation as currently in effect; (2) its bylaws a…
Ala. Code § 10A-18-1.05 Inspection Rights of Members
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In lieu of any inspection rights of the members of a membership nonprofit corporation under the Alabama Nonprofit Corporation Law: (a) A member of an Alabama statewide trade association is entitled to inspect the records required to be maintained by the Alabama statewide trade as…
Ala. Code § 10A-18-1.06 Court Ordered Action
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(a) If an Alabama statewide trade association does not, within the time period set forth in Section 10A-18-1.05, allow a member who complies with Section 10A-18- 1.05 to inspect the records required to be maintained by Sections 10A-18-1.04(a) (1) through (6), a member may petitio…
Ala. Code § 10A-18-1.07 Financial Review
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(a) If a member of an Alabama statewide trade association has a reasonable belief that financial fraud or malfeasance has occurred or is occurring at the Alabama statewide trade association, that member may petition the Montgomery County Circuit Court for an independent audit of …
Ala. Code § 10A-18-1.08 Limitations on Use of Membership List
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In addition to the restrictions on the use of membership lists under the Alabama Nonprofit Corporation Law: (a) In an effort to prevent cybercrime, identity fraud, and financial crimes, an Alabama statewide trade association shall take reasonable precautions to safeguard member d…
Ala. Code § 10A-18-1.09 Required Statement in Certificate of Formation
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(a) A membership nonprofit corporation formed under or governed by the Alabama Nonprofit Corporation Law that elects to be governed by this chapter shall amend its certificate of incorporation by setting forth in its certificate of incorporation a statement that it is an Alabama …