Alabama Code 10A-3A-9.02. Amendment of certificate of incorporation of membership nonprofit corporation before admission of members
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Terms Used In Alabama Code 10A-3A-9.02
- certificate of incorporation: as used in this chapter is synonymous to the term certificate of formation used in Chapter 1. See Alabama Code 10A-3A-1.02
- 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.
Subject to Section 10A-3A-9.30, if a membership nonprofit corporation has not yet admitted any members, the board of directors, or its incorporators if it has no board of directors, may adopt one or more amendments to the membership nonprofit corporation’s certificate of incorporation.