Ala. Code § 10A-3A-14.07
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 3A Alabama Nonprofit Corporation Law.
- Article 14 Transitional Provisions.
A nonprofit corporation governed by this chapter and in existence before August 1, 2026, may elect, on or before December 31, 2026, to amend its certificate of incorporation to state the following: “This nonprofit corporation shall be governed by Chapter 3A of Title 10A, Code of Alabama 1975, as in effect immediately prior to August 1, 2026, and not by any amendments or additions to Chapter 3A of Title 10A, made by Act 2026-495.” The election may be revoked by the nonprofit corporation at any time thereafter by an amendment to the certificate of incorporation which removes that provision from its certificate of incorporation, at which time the nonprofit corporation will be governed by all provisions of this chapter, or any successor law, as in effect as of the date of that amendment, and as amended or replaced thereafter.
Collected 2026-09-03T14:01:54Z. Source file · JSON