Alabama Statutes

§ 10A-4-3.05 — Voting Trusts

Alabama § 10A-4-3.05
JurisdictionAlabama
Title 10AAlabama Business and Nonprofit Entities Code
Ch. 4Professional Corporations
Art. 3Shareholders; Directors and Officers; Professional Liability

This text of Alabama § 10A-4-3.05 (Voting Trusts) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 10A-4-3.05 (2026).

Text

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.

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Legislative History

(Acts 1983, No. 83-514, p. 763, §13; §10-4-392; amended and renumbered by Act 2009-513, p. 967, §205; Act 2024-413, §1.)

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Bluebook (online)
Alabama § 10A-4-3.05, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/10A-4-3.05.