Alabama § 10A-2A-6.26 - Uncertificated Interests.
Full text of Alabama Code of Alabama § 10A-2A-6.26 — Uncertificated Interests., with citation guidance and answers to common questions.
§ 10A-2A-6.26. Uncertificated Interests.
(a) Unless the certificate of incorporation or bylaws provide otherwise, the board of directors of a corporation may authorize the issuance of some or all of the shares of stock of any or all of its classes or series without certificates. The authorization does not affect shares of stock already represented by certificates until they are surrendered to the corporation.
(b) Within a reasonable time after the issuance or transfer of shares of stock without certificates, the corporation shall comply with the notice requirements of Section 10A-1-3.45.
Frequently Asked Questions About Alabama § 10A-2A-6.26
What does Code of Alabama § 10A-2A-6.26 cover?
Section 10A-2A-6.26 ("Uncertificated Interests.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 10A-2A-6.26?
A common citation format is "Code of Alabama § 10A-2A-6.26" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 10A-2A-6.26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.