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Form a Business

Action on a Plan of Conversion in a Nonmembership Nonprofit Corporation.

Ala. Code § 10A-3A-13.04
in effect
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10A-3A-13.04. Action on a Plan of Conversion in a Nonmembership Nonprofit Corporation. In the case of a conversion of a nonmembership nonprofit corporation the plan of conversion shall be adopted in the following manner: (a) The plan of conversion shall be adopted by the board of directors; and (b) A plan of conversion adopted by the board of directors under this section must also be approved in writing by a person or group of persons, if any, whose approval is required under Section 10A-3A-13.08. EndFragment (Act 2023-503, §1.)
Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabama#10A-3A-13.04Fetched: 10/20/2026

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