§ 10A-3A-1.26 — Filings

Alabama § 10A-3A-1.26

• Jurisdiction: Alabama
• Title 10A: Alabama Business and Nonprofit Entities Code
• Ch. 3A: Alabama Nonprofit Corporation Law
• Art. 1: General Provisions
• Div. B: Ratification of Defective Corporate Actions

Text

(a) If the defective corporate action ratified under this Division B of Article 1 would have required under any other section of this chapter a filing instrument to be delivered to a filing officer for filing and either (i) the filing instrument requires any change to give effect to the defective corporate action in accordance with Division B of Article 1 (including any change to the date and time of the effectiveness of the filing instrument) or (ii) a filing instrument under any other section of this chapter was not previously delivered to a filing officer for filing in respect of the defective corporate action, then, in lieu of a filing instrument otherwise required by this chapter, the nonprofit corporation shall deliver a certificate of validation to the appropriate filing officer for filing in accordance with this section, and that certificate of validation shall serve to amend or substitute for any other filing instrument with respect to the defective corporate action required by this chapter.
(b) The certificate of validation must set forth:
(1) the name of the nonprofit corporation;
(2) the unique identifying number or other designation as assigned by the Secretary of State;
(3)
a statement that the defective corporate action was ratified in accordance with Section 10A-3A-1.22, including the date on which the board of directors ratified that defective corporate action, and if applicable, the date on which the members approved the ratification of that defective corporate action, and the date on which the person or group of persons specified in the certificate of incorporation approved the ratification of that defective corporate action; and
(4)
the information required by subsection (c).
(c) The certificate of validation must also contain the following information:
(1)
if a filing
instrument
was previously
delivered to a filing officer for filing
in respect of the defective corporate action and that filing
instrument
requires any change to give effect to the ratification of that defective corporate action in accordance with Section 10A-3A-1.22, the certificate of validation must set forth (i) the name, title, and filing date of the filing
instrument
previously
delivered to a filing officer for filing
and any certificate of correction to that filing
instrument
,
(ii) a statement that a filing
instrument
containing all of the information required to be included under the applicable section or sections of this chapter to give effect to that defective corporate action is attached as an exhibit to the certificate of validation, and (iii) the date and time that filing
instrument
is deemed to have become effective; or
(2)
if a filing
instrument
was not previously
delivered to a filing officer for filing
in respect of the defective corporate action and the defective corporate action ratified under Section 10A-3A-1.22 would have required a filing
instrument
under any other section of this chapter, the certificate of validation must set forth (i) a statement that a filing
instrument
containing all of the information required to be included under the applicable section or sections of this chapter to give effect to that defective corporate action is attached as an exhibit to the certificate of validation, and (ii) the date and time that filing
instrument
is deemed to have become effective.

Legislative History

(Act 2023-503, §1; Act 2024-413, §1.)