Ala. Code § 10A-3A-9.30

Current through the 2024 Regular Session.
Section 10A-3A-9.30 - Approval by specified person or group of persons
(a) The certificate of incorporation of a membership nonprofit corporation may require that an amendment to the certificate of incorporation, including amendments under Section 10A-3A-9.03(g), be approved in writing by a specified person or group of persons in addition to the board of directors and members. The certificate of incorporation of a nonmembership nonprofit corporation may require that an amendment to the certificate of incorporation be approved in writing by a specified person or group of persons in addition to the board of directors.
(b) The certificate of incorporation or bylaws of a membership nonprofit corporation may require that an amendment to the bylaws be approved in writing by a specified person or group of persons in addition to the board of directors and members. The certificate of incorporation or bylaws of a nonmembership nonprofit corporation may require that an amendment to the bylaws be approved in writing by a specified person or group of persons in addition to the board of directors.
(c) A requirement in the certificate of incorporation or bylaws described in Section 10A-3A-9.30(a) or (b) may only be amended with the approval in writing of the specified person or group of persons.

Ala. Code § 10A-3A-9.30 (1975)

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