Code of Alabama - Title 10A: Alabama Business and Nonprofit Entities Code - Section 10A-11-1.03 - Election as employee cooperative

Section 10A-11-1.03 - Election as employee cooperative.

Any corporation governed by the Alabama Business Corporation Law may elect to be governed as an employee cooperative under this chapter, by so stating in its certificate of formation or certificate of amendment filed in accordance with the Alabama Business Corporation Law.

(Act 97-949, p. 524, §3; §10-14-3; amended and renumbered by Act 2009-513, p. 967, §312; Act 2019-94, §2.)

Last modified: May 3, 2021