GroundRules
Ala. Code § 10A-4-3.05: Voting Trusts.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 4 Professional Corporations.
- Article 3 Shareholders; Directors and Officers; Professional Liability.
A voting trust with respect to stock of a domestic professional corporation shall not be valid unless all the trustees and beneficiaries thereof are qualified persons, except that a voting trust may be validly continued for a period of 12 months after the death of a deceased beneficiary or after a beneficiary has become a disqualified person.
Collected 2026-09-03T14:01:53Z. Source file · JSON