AL HB250

Legislative Description

Business organizations, Alabama Business Corporation Law revised, based on the Model Business Corporation Act of 2016 and Delaware General Corporation Law, Secs. 10A-2A-1.01 to 10A-2A-17.06, inclusive added; Secs. 10A-1-1.02, 10A-1-1.03, 10A-1-1.08, 10A-1-1.12, 10A-1-3.05, 10A-1-3.06, 10A-1-3.32, 10A-1-3.42, 10A-1-4.01, 10A-1-4.02, 10A-1-4.04, 10A-1-4.06, 10A-1-4.11, 10A-1-4.13, 10A-1-4.15, 10A-1-4.21, 10A-1-4.23, 10A-1-4.24, 10A-1-4.25, 10A-1-4.26, 10A-1-4.31, 10A-1-5.01, 10A-1-5.08, 10A-1-6.01, 10A-1-6.02, 10A-1-7.01, 10A-1-7.04, 10A-1-7.11, 10A-1-7.21, 10A-1-7.31, 10A-1-8.01, 10A-1-8.02, 10A-1-8.04, 10A-1-9.01, 10A-4-2.02, 10A-4-4.01, 10A-4-4.02, 10A-4-5.01, 10A-4-5.04, 10A-5A-10.01, 10A-5A-10.03, 10A-5A-10.04, 10A-5A-10.05, 10A-5A-10.07, 10A-5A-10.08, 10A-8A-9.02, 10A-8A-9.04, 10A-8A-9.05, 10A-8A-9.06, 10A-8A-9.08, 10A-8A-9.09, 10A-9A-10.02, 10A-9A-10.04, 10A-9A-10.05, 10A-9A-10.06, 10A-9A-10.08, 10A-9A-10.09, 10A-10-1.09, 10A-10-1.12, 10A-10-1.15, 10A-10-1.16, 10A-11-1.01, 10A-11-1.03, 10A-11-1.04, 10A-11-1.06, 10A-11-1.12, 10A-30-2.01, 10A-30-2.03, 10A-30-2.04, 10A-30-2.05, 10A-30-2.06, 10A-30-2.09, 10A-30-2.12, 10A-30-2.13, am'd; Secs. 10A-2-1.01 to 10A-2-17.02, inclusive, repealed

Business and Commerce

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