Alabama Code > Title 10A > Chapter 3A > Article 6 > Division D – Financial Provisions
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§ 10A-3A-6.40 | Distributions |
§ 10A-3A-6.41 | Compensation and benefits |
§ 10A-3A-6.42 | Capital contributions of members |
§ 10A-3A-6.43 | Shares of stock prohibited |
Terms Used In Alabama Code > Title 10A > Chapter 3A > Article 6 > Division D - Financial Provisions
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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
- Chambers: A judge's office.
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Contract: A legal written agreement that becomes binding when signed.
- Conviction: A judgement of guilt against a criminal defendant.
- 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.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- distress merchandise sales: shall include , but not be limited to, any sale advertised either specifically or in substance to be any one of the following:
Alabama Code 8-13-1 - following: means next after. See Alabama Code 1-1-1
- going out of business sales: shall include , but not be limited to, any sale advertised either specifically or in substance to be any one of the following:
Alabama Code 8-13-1 - Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Probate: Proving a will
- property: includes both real and personal property. See Alabama Code 1-1-1
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
- Subpoena: A command to a witness to appear and give testimony.
- Summons: Another word for subpoena used by the criminal justice system.
- year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1