Section 10A-1-1.01 – Short Title.

Section 10A-1-1.01 Short title. This title shall be known and may be cited as the “Alabama Business and Nonprofit Entity Code.” (Act 2009-513, p. 967, §2.)

Section 10A-1-1.02 – Applicability of Chapter.

Section 10A-1-1.02 Applicability of chapter. (a) All provisions of this chapter shall apply to all entities formed pursuant to or governed by Chapters 2A to 11, inclusive, and Chapter 17, except as set forth in this chapter and except as set forth in subsections (c), (d), and (e). (b) The provisions of this chapter shall […]

Section 10A-1-1.03 – Definitions.

Section 10A-1-1.03 Definitions. (a) If a term, including a term that is defined in subsection (b) of this section, is defined in a chapter of this title, then, when used in that chapter, the term shall have the meaning set forth in that chapter. (b) As used in this title, except as provided in subsection […]

Section 10A-1-1.04 – Disinterested Person.

Section 10A-1-1.04 Disinterested person. (a) For purposes of this title, a person is disinterested with respect to the approval of a contract, transaction, or other matter or to the consideration of the disposition of a claim or challenge relating to a contract, transaction, or particular conduct, if the person or the person’s associate: (1) is […]

Section 10A-1-1.05 – Conspicuous Information.

Section 10A-1-1.05 Conspicuous information. In this title, required information is conspicuous if the information is placed in a manner or displayed using a font that provides or is intended to provide notice to a reasonable person affected by the information. Required information in a document is conspicuous if the font used for the information is […]

Section 10A-1-1.06 – Synonymous Terms.

Section 10A-1-1.06 Synonymous terms. To the extent not inconsistent with the Constitution of Alabama of 1901, and other statutes of this state wherein the terms may be found, and as the context requires, in this title or any other statute of this state: (1) a reference to certificate of formation includes, in the case of […]

Section 10A-1-1.07 – Signing of Document or Other Writing.

Section 10A-1-1.07 Signing of document or other writing. For purposes of this title, a writing has been signed by a person when the writing includes the person’s signature. A transmission or reproduction of a writing signed by a person is considered signed by that person for purposes of this title. (Act 2009-513, p. 967, §2.)

Section 10A-1-1.08 – Short Titles.

Section 10A-1-1.08 Short titles. (a) The provisions of this title as described by this section may be cited as provided by this section. (b) Chapter 2A and the provisions of Chapter 1 to the extent applicable to business corporations may be cited as the Alabama Business Corporation Law. (c) Chapter 3 and the provisions of […]

Section 10A-1-1.09 – Reference in Law to Statute Revised by Title.

Section 10A-1-1.09 Reference in law to statute revised by title. A reference in a law to a statute or a part of a statute revised by this title is considered to be a reference to the part of this title that revises that statute or part of that statute. (Act 2009-513, p. 967, §2.)

Section 10A-1-1.10 – Reservation of Power.

Section 10A-1-1.10 Reservation of power. The Alabama Legislature has power to amend or repeal all or any part of this title at any time, and all domestic or foreign entities subject to this title are governed by the amendment or repeal. (Acts 1994, No. 94-245, p. 343, §1; §10-2B-1.02; amended and renumbered by Act 2009-513, […]