Ala. Code § 10A-3A-7.02

Current through the 2024 Regular Session.
Section 10A-3A-7.02 - Special meetings
(a) Special meetings of the members in a membership nonprofit corporation may be called by the board of directors or by the person or persons as may be authorized by the certificate of incorporation or by the bylaws.
(b) In the event that the certificate of incorporation or bylaws of a membership nonprofit corporation allow members to demand a special meeting of the members, then if not otherwise fixed under Section 10A-3A-7.03 or Section 10A-3A-7.07, the record date for determining members entitled to demand a special meeting shall be the first date on which a signed member's demand is delivered to the membership nonprofit corporation. No written demand for a special meeting shall be effective unless, within 60 days of the earliest date on which the demand delivered to the membership nonprofit corporation as allowed by the certificate of incorporation or bylaws was signed, written demands signed by members holding at least the percentage of votes specified in or fixed in accordance with the certificate of incorporation or bylaws have been delivered to the membership nonprofit corporation.
(c) Unless the board of directors determines to hold the meeting solely by means of remote participation in accordance with Section 10A-3A-7.09(c), special meetings of members may be held (i) in or out of this state at the place stated in or fixed in accordance with the certificate of incorporation or bylaws or (ii) if no place is stated in or fixed in accordance with the certificate of incorporation or bylaws, at the membership nonprofit corporation's principal office.
(d) Only business within the purpose or purposes described in the meeting notice required by Section 10A-3A-7.05(c) may be conducted at a special meeting of members.

Ala. Code § 10A-3A-7.02 (1975)

Added by Act 2023-503,§ 1, eff. 1/1/2024.