Ala. Code § 10A-3A-7.22

Current through the 2024 Regular Session.
Section 10A-3A-7.22 - Proxies
(a) Except as otherwise provided in the certificate of incorporation or bylaws, a member may vote in person or by proxy.
(b) A member or the member's agent or attorney-in-fact may appoint a proxy to vote or otherwise act for the member by signing an appointment form, or by an electronic transmission. An electronic transmission must contain or be accompanied by information from which the recipient can determine the date of the transmission and that the transmission was authorized by the sender or the sender's agent or attorney-in-fact.
(c) An appointment of a proxy is effective when a signed appointment form or an electronic transmission of the appointment is received by the inspector of election or the officer or agent of the membership nonprofit corporation authorized to count votes. An appointment is valid for the term provided in the appointment form, and, if no term is provided, is valid for 11 months unless the appointment is irrevocable under subsection (d).
(d) An appointment of a proxy is revocable unless the appointment form or electronic transmission states that it is irrevocable and the appointment is coupled with an interest.
(e) The death or incapacity of the member appointing a proxy does not affect the right of the membership nonprofit corporation to accept the proxy's authority unless notice of the death or incapacity is received by the secretary or other officer or agent authorized to tabulate votes before the proxy exercises authority under the appointment.
(f) An appointment made irrevocable under subsection (d) is revoked when the interest with which it is coupled is extinguished.
(g) Subject to Section 10A-3A-7.23 and to any express limitation on the proxy's authority stated in the appointment form or electronic transmission, a membership nonprofit corporation is entitled to accept the proxy's vote or other action as that of the member making the appointment.
(h) Nothing in this section shall be construed as limiting, or extending, authority granted under a durable power of attorney under Section 26-1-2 or Chapter 1A of Title 26, and any successor statute or statutes thereto.

Ala. Code § 10A-3A-7.22 (1975)

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