§ 37-7-1 Definitions
§ 37-7-2 Formation and purpose generally
§ 37-7-3 Form and contents of certificate of incorporation
§ 37-7-4 Persons executing certificate to be residents; acknowledgment and filing
§ 37-7-5 Board of directors – Election; expenses; president; secretary
§ 37-7-6 Board of directors – Powers
§ 37-7-7 Certificates of membership; voting
§ 37-7-8 Corporate purpose; membership fees; service to nonmembers; service outside state
§ 37-7-9 Vesting of powers for accomplishment of corporate purpose
§ 37-7-10 Enumerated powers
§ 37-7-11 Encumbering or disposing of property
§ 37-7-12 Bonds or obligations – Consent of department of finance
§ 37-7-13 Bonds or obligations – Manner of sale or issuance
§ 37-7-14 Bonds or obligations – Covenants or agreements
§ 37-7-16 Consolidation
§ 37-7-15 Bonds or obligations – Purchase of own obligations
§ 37-7-17 Extension of territory
§ 37-7-18 Charges for services rendered
§ 37-7-19 Dissolution
§ 37-7-20 Foreign corporations
§ 37-7-21 Amendment of certificate of incorporation

Terms Used In Alabama Code > Title 37 > Chapter 7

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: Any individual, firm, joint venture, partnership, corporation, association, or joint stock association and includes any trustee, receiver, assignee, or personal representative thereof engaged in the transportation of hazardous liquids. See Alabama Code 37-4-90
  • Quorum: The number of legislators that must be present to do business.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1