Section 10-3A-61 Articles of incorporation. - Alabama Statutes

Section 10-3A-61

Articles of incorporation.

(a) The articles of incorporation shall set forth:

(1) The name of the corporation.

(2) The period of duration, which may be perpetual.

(3) The purpose or purposes for which the corporation is organized.

(4) If the corporation is to have no members, a statement to that effect.

(5) Any provisions, not inconsistent with law, which the incorporators elect to set forth in the articles of incorporation for the regulation of the internal affairs of the corporation, including any provision for distribution of assets on dissolution or final liquidation.

(6) The location and mailing address of its initial registered office, and the name of its initial registered agent at such address.

(7) The number of directors constituting the initial board of directors, and the names and addresses of the persons who are to serve as the initial directors.

(8) The name and address of each incorporator.

(b) It shall not be necessary to set forth in the articles of incorporation any of the corporate powers enumerated in this chapter.

(c) Unless the articles of incorporation provide that a change in the number of directors shall be made only by amendment to the articles of incorporation, a change in the number of directors made by amendment to the bylaws shall be controlling. In all other cases, whenever a provision of the articles of incorporation is inconsistent with a bylaw, the provision of the articles of incorporation shall be controlling.

(Acts 1984, No. 84-290, p. 502, §32.)