Section 2-10-106 – Existing Associations May Come Under This Article.
Section 2-10-106 Existing associations may come under this article. Existing associations may come under this article. Any cooperative association already in existence may by majority vote of the stockholders or its members be brought under the provisions of this article by adopting the restrictions provided in this article and complying with the requirements of this […]
Section 2-10-91 – Purposes of Article.
Section 2-10-91 Purposes of article. The purposes of this article are to promote the general welfare of agriculture; to enable producers of agricultural products, whether in the State of Alabama or not, to cooperate in the production, processing, packing, distribution, financing and marketing of agricultural products and in the manufacturing, supplying or selling of machinery, […]
Section 2-10-107 – Fees for Filing Articles of Incorporation.
Section 2-10-107 Fees for filing articles of incorporation. For filing articles of incorporation, an association organized under this article shall pay $5.00 to the probate judge in whose office the same is filed. The Secretary of State for the use of the state shall be paid $5.00 for filing the certificate of incorporation forwarded by […]
Section 2-10-92 – How Association May Be Formed; Amendments to Articles of Incorporation.
Section 2-10-92 How association may be formed; amendments to articles of incorporation. Five or more producers of agricultural products, whether in the State of Alabama or not, who may desire that they, their associates and successors shall come under this article and enjoy its benefits may enter into articles of association and incorporation which shall […]
Section 2-10-108 – Incorporated Marketing Association Not Affected.
Section 2-10-108 Incorporated marketing association not affected. This article shall not amend, repeal or in anywise affect the provisions of article 3 of this chapter, nor any corporation or association formed thereunder. (Acts 1935, No. 220, p. 604; Code 1940, T. 2, §133.)
Section 2-10-93 – Organization Generally; Adoption of Bylaws.
Section 2-10-93 Organization generally; adoption of bylaws. A majority of the organizing members named in the articles of incorporation, at a time and place agreed upon in writing by all the said organizers, or when and where all are present, or upon call of a majority of such organizers upon five days’ notice thereof, in […]
Section 2-10-94 – Board of Directors.
Section 2-10-94 Board of directors. The affairs of an association incorporated under this article shall be conducted, controlled and managed by a board of directors of such number, not to be less than five, and with such terms of office as may be provided by the bylaws. The said directors shall be elected by the […]
Section 2-10-95 – Election and Duties of Officers.
Section 2-10-95 Election and duties of officers. The board of directors shall elect from its number a president and one or more vice-presidents. It shall also elect a secretary and a treasurer who need not be directors, and it may combine the two latter offices and designate the combined office as secretary-treasurer. The duties of […]
Section 2-10-96 – Voting by Mail or Proxy; Fees and Dues.
Section 2-10-96 Voting by mail or proxy; fees and dues. The bylaws may provide, among other things, for voting by the members by mail or by proxy in writing and for membership fees and dues and shall provide how membership in the incorporated association may be acquired and lost. (Acts 1935, No. 220, p. 604; […]