§ 10A-4-2.02 — Required Statement of Purpose in Certificate of Formation

Alabama § 10A-4-2.02

• Jurisdiction: Alabama
• Title 10A: Alabama Business and Nonprofit Entities Code
• Ch. 4: Professional Corporations
• Art. 2: Purposes, Powers, and Organization

Text

(a) Any corporation whose certificate of incorporation includes as a stated purpose the performance of professional services may be incorporated under this chapter by stating in its certificate of incorporation that it is incorporated under this chapter.
(b) A
domestic
professional
corporation
that is not
a nonprofit professional corporation
shall cease being governed by this chapter and shall be governed by the Alabama Business Corporation Law
if it amends its certificate of
incorporation
to delete the statement that it is organized under this chapter, and conforms its
certificate of incorporation
to the Alabama Business Corporation Law
. A domestic nonprofit professional corporation
shall cease being governed by this chapter and shall be governed by the Alabama Nonprofit Corporation Law
if it amends its certificate of
incorporation
to delete the statement that it is organized under this chapter, and conforms its certificate
of incorporation
to the Alabama Nonprofit Corporation Law
.
(c) Any corporation which is not subject to this chapter may become subject to this chapter, if it is a domestic corporation, by conforming its
certificate of incorporation
to this chapter.
(d) Any foreign professional corporation which renders professional services in
this state
shall be subject to this chapter.

Legislative History

(Acts 1983, No. 83-514, p. 763, §5; §10-4-384; amended and renumbered by Act 2009-513, p. 967, §203; Act 2019-94, §2; Act 2024-413, §1.)