Ala. Code § 44-3-8

Current through the 2024 Regular Session.
Section 44-3-8 - Admission of governing bodies into membership of corporations

Any governing body in the state as defined in this chapter may submit a letter of application to the corporation's chairman of the board of directors. Said letter shall be in compliance with admission procedures as established by the board. Upon approval of a majority of board members present at a regularly scheduled board meeting, new members shall be admitted into the corporation and the number of directors representing that body will be determined by the existing board.

Ala. Code § 44-3-8 (1975)

Acts 1978, No. 620, p. 880, §8.