Ala. Code § 10A-4-3.06

Current through the 2024 Regular Session.

Section 10A-4-3.06 - Directors and officers

At least one director of a domestic professional corporation and the president of a domestic professional corporation shall be qualified persons with respect to the domestic professional corporation; provided, however, that the foregoing restriction shall not apply for a period of 12 months after the death of the sole stockholder of a domestic professional corporation.

Ala. Code § 10A-4-3.06 (1975)

Amended by Act 2024-413,§ 1, eff. 8/1/2024.

Acts 1983, No. 83-514, p. 763, §14; §10-4-393; amended and renumbered by Act 2009-513, p. 967, § 205.