Section 10A-20-8.02 – Right of Majority Group of Local Organization in Fraternal Property.
Section 10A-20-8.02 Right of majority group of local organization in fraternal property. The right and equity are hereby recognized and declared on behalf of the majority group of any local organization owning title to or an interest in fraternal property to preserve and protect the same from impairment or loss, to prevent fraternal property held […]
Section 10A-20-12.01 – Alteration or Amendment of Charter by Corporations Not of Business Character; Filing and Contents of Declarations; Issuance of Certificate; Provisions Cumulative.
Section 10A-20-12.01 Alteration or amendment of charter by corporations not of business character; filing and contents of declarations; issuance of certificate; provisions cumulative. (a) Unless otherwise provided, any corporation, not of a business character, may alter or amend its charter whenever not less than three-fourths in number of its members, in case of corporations having […]
Section 10A-20-8.03 – Withdrawal From Parent Organization and Use of Fraternal Property Free From Trust Clause.
Section 10A-20-8.03 Withdrawal from parent organization and use of fraternal property free from trust clause. (a) The majority group of any local organization may withdraw from the parent organization and, upon withdrawal, shall be permitted to devote the fraternal property to the uses originally intended free of the influence of the trust clause; provided, that […]
Section 10A-20-13.01 – Retail Merchants; Authority to Form Corporation.
Section 10A-20-13.01 Retail merchants; authority to form corporation. Whenever 10 or more retail merchants wish to form an association, cooperative society, or corporation for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperation or other economic principles, they may become a body […]
Section 10A-20-8.04 – Right to Set Up Unit Independent of Parent Corporation.
Section 10A-20-8.04 Right to set up unit independent of parent corporation. Whenever, as a result of action of the parent organization, any of its authoritative subdivisions, or its law-making body the majority group of any local organization shall determine that there has been a change of social policies, within the meaning of this section, or […]
Section 10A-20-14.01 – Wholesale Merchants; Authority to Form Corporation.
Section 10A-20-14.01 Wholesale merchants; authority to form corporation. Whenever 10 or more wholesale merchants wish to form an association, cooperative society, or corporation for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperation or other economic principles, they may become a body […]
Section 10A-20-8.05 – Declaratory Actions – Institution of Action.
Section 10A-20-8.05 Declaratory actions – Institution of action. Upon resolution or written declaration by the majority group, upon giving 30 days’ notice to the parent organization, and upon giving like notice to the organization membership or the official governing body of the local organization, a corporation formed by the majority group shall be authorized to […]
Section 10A-20-15.01 – Rights, Powers, and Authority.
Section 10A-20-15.01 Rights, powers, and authority. All corporations organized under the general laws of this state, or heretofore under a special act of the Legislature, and all corporations organized under the laws of any other of the United States which have complied with the Constitution and laws of the State of Alabama as to foreign […]
Section 10A-20-8.06 – Declaratory Actions – Service of Process.
Section 10A-20-8.06 Declaratory actions – Service of process. Service of process in an action or proceeding may be had on the local organization by service on its administrative authority, one or more senior or representative members or other similar authority of the organization by service on the parent organization by serving any representative official, members, […]
Section 10A-20-15.02 – Duty to Serve Public.
Section 10A-20-15.02 Duty to serve public. Any corporation which exercises any of the rights conferred by this article shall, after the completion of its works and plants, be under the duty and obligation to the public to manufacture and sell to the public electric current produced at its plants; and any corporation manufacturing, selling, and […]