35 chapters · 1,159 sections in this title.
Ala. Code § 10A-3A-12.07 Abandonment of a Merger
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(a) After a plan of merger has been adopted and approved as required by this Article 12, and before the statement of merger has become effective, the plan may be abandoned by a nonprofit corporation that is a party to the plan without action by its members, if any, or a person or…
Ala. Code § 10A-3A-12.08 Approval by Specified Person or Group of Persons
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(a) The certificate of incorporation of a membership nonprofit corporation may require that a merger under this article or under Article 8 of Chapter 1 be approved in writing by a specified person or group of persons in addition to the board of directors and members. (b) The cert…
Ala. Code § 10A-3A-12.09 Nonexclusive
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This article is not exclusive. This article does not preclude a nonprofit corporation from merging under law other than this chapter. (Act 2023-503, §1.)
Ala. Code § 10A-3A-13.01 Definitions
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As used in this article, unless the context otherwise requires, the following terms mean: (1) CONVERTED ORGANIZATION means the organization into which a converting organization converts pursuant to this article. (2) CONVERTING NONPROFIT CORPORATION means a converting organization…