Section 10-4-393 Directors and officers. - Alabama Statutes

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Section 10-4-393

Directors and officers.

At least one director of a domestic professional corporation and the president of a domestic professional corporation shall be qualified persons with respect to the corporation; provided, however, that the foregoing restriction shall not apply for a period of 12 months after the death of the sole shareholder of a domestic professional corporation.

(Acts 1983, No. 83-514, p. 763, §14.)

State Codes and Statutes

Statutes > Alabama > Title10 > Chapter4 > 10-4-393

Section 10-4-393

Directors and officers.

At least one director of a domestic professional corporation and the president of a domestic professional corporation shall be qualified persons with respect to the corporation; provided, however, that the foregoing restriction shall not apply for a period of 12 months after the death of the sole shareholder of a domestic professional corporation.

(Acts 1983, No. 83-514, p. 763, §14.)

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Statutes > Alabama > Title10 > Chapter4 > 10-4-393

Section 10-4-393

Directors and officers.

At least one director of a domestic professional corporation and the president of a domestic professional corporation shall be qualified persons with respect to the corporation; provided, however, that the foregoing restriction shall not apply for a period of 12 months after the death of the sole shareholder of a domestic professional corporation.

(Acts 1983, No. 83-514, p. 763, §14.)