HB267 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to the Alabama Business and Nonprofit Entity Code; to add Chapter 3A to Title 10A, Code of Alabama 1975, by revising the Alabama Nonprofit Corporation Law to reflect the national standards set by the Model Nonprofit Corporation Act of 2021 and the Delaware General Corporation Law; and to make conforming changes throughout the Alabama Business and Nonprofit Entity Code in order to effectuate the changes to the Alabama Nonprofit Corporation Law and conform with the other entities governed by the Alabama Business and Nonprofit Entity Code by amending Sections 10A-1-1.03, 10A-1-1.08, 10A-1-3.32, 10A-1-8.01, 10A-1-8.02, 10A-1-9.01, 10A-2A-1.40, 10A-2A-1.43, 10A-2A-1.51, 10A-2A-2.02, 10A-2A-2.06, 10A-2A-7.04, 10A-2A-7.20, 10A-2A-7.32, 10A-2A-8.10, 10A-2A-8.21, 10A-2A-8.22, 10A-2A-8.24, 10A-2A-10.06, 10A-2A-10.07, 10A-2A-10.08, 10A-2A-11.02, 10A-2A-11.06, 10A-2A-12.02, and 10A-2A-14.13, Code of Alabama 1975; adding Sections 10A-2A-10.00 and 10A-2A-10.10 to the Code of Alabama 1975; and amending Sections 10A-5A-2.03, 10A-5A-10.07, 10A-8A-9.08, 10A-9A-2.02, and 10A-9A-10.08, Code of Alabama 1975.
Description
<p class="bill_description">
This bill would make changes to the Alabama
Business and Nonprofit Entity Code by revising the
Alabama Nonprofit Corporation Law to reflect the
national standards set by the Model Nonprofit
Corporation Act of 2021 and the Delaware General
Corporation Law, and would make conforming changes
throughout the Alabama Business and Nonprofit Entity
Code in order to effectuate the changes to the Alabama
Nonprofit Corporation Law and conform with the other
entities governed by the Alabama Business and Nonprofit
Entity Code</p><p class="bill_entitled_an_act"> Relating to the Alabama Business and Nonprofit Entity
Code; to add Chapter 3A to Title 10A, Code of Alabama 1975, by
revising the Alabama Nonprofit Corporation Law to reflect the
national standards set by the Model Nonprofit Corporation Act
of 2021 and the Delaware General Corporation Law; and to make
conforming changes throughout the Alabama Business and
Nonprofit Entity Code in order to effectuate the changes to
HB267 INTRODUCED
the Alabama Nonprofit Corporation Law and conform with the
other entities governed by the Alabama Business and Nonprofit
Entity Code by amending Sections 10A-1-1.03, 10A-1-1.08,
10A-1-3.32, 10A-1-8.01, 10A-1-8.02, 10A-1-9.01, 10A-2A-1.40,
10A-2A-1.43, 10A-2A-1.51, 10A-2A-2.02, 10A-2A-2.06,
10A-2A-7.04, 10A-2A-7.20, 10A-2A-7.32, 10A-2A-8.10,
10A-2A-8.21, 10A-2A-8.22, 10A-2A-8.24, 10A-2A-10.06,
10A-2A-10.07, 10A-2A-10.08, 10A-2A-11.02, 10A-2A-11.06,
10A-2A-12.02, and 10A-2A-14.13, Code of Alabama 1975; adding
Sections 10A-2A-10.00 and 10A-2A-10.10 to the Code of Alabama
1975; and amending Sections 10A-5A-2.03, 10A-5A-10.07,
10A-8A-9.08, 10A-9A-2.02, and 10A-9A-10.08, Code of Alabama
1975.
</p>
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 6, 2023 | H | Introduced and Referred to House Judiciary |
| April 6, 2023 | H | Read First Time in House of Origin |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB267 Alabama 2023 Session - Introduced |