Alabama Statutes

§ 41-10-86 — Amendment of Certificate of Incorporation

Alabama·Title 41 State Government·Ch. 10 Authorities·Art. 4 State Products Mart and Coliseum Authorities
The certificate of incorporation may at any time and from time to time be amended so as to make any change therein and add any provision thereto which might have been included in the certificate of incorporation in the first instance. Any such amendment shall be effected in the following manner: The members of the board of directors of the corporation shall file with the governing body an application in writing seeking permission to amend the certificate of incorporation, specifying in such application the amendment proposed to be made. Such governing body shall consider such application and, if it shall by appropriate resolution duly find and determine that it is wise, expedient, necessary, or advisable that the proposed amendment be made and shall authorize the same to be made and shall

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Legislative History

(Acts 1965, 1st Ex. Sess., No. 174, p. 224, §7.)

Nearby Sections

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