§ 10A-3A-6.02 — Membership Status

Alabama § 10A-3A-6.02

• Jurisdiction: Alabama
• Title 10A: Alabama Business and Nonprofit Entities Code
• Ch. 3A: Alabama Nonprofit Corporation Law
• Art. 6: Memberships and Financial Provisions
• Div. A: Admission of Members

Text

(a) A person may not be admitted as a member of a nonprofit corporation without that person’s consent.
(b) If a membership nonprofit corporation provides certificates of membership to the members, the certificates shall not be registered or transferable except as provided in the certificate of incorporation or bylaws. Each certificate of membership shall comply with Sections 10A-1-3.42, 10A-1-3.43(b), and 10A-1-3.44. No membership certificate shall be issued in bearer form.
(c) A person is not a member of a nonprofit corporation unless (i) the nonprofit corporation is a membership nonprofit corporation and (ii) the person meets the definition of a “member” in Section 10A-3A-1.02, regardless of whether the nonprofit corporation designates or refers to the person as a member.
(d) A person is not a member of a nonmembership nonprofit corporation, regardless of whether the nonmembership nonprofit corporation designates or refers to the person as a member.

Legislative History

(Act 2023-503, §1.)