Alabama § 10A-4-4.02 - Merger and Conversion.
Full text of Alabama Code of Alabama § 10A-4-4.02 — Merger and Conversion., with citation guidance and answers to common questions.
§ 10A-4-4.02. Merger and Conversion.
(a) A domestic professional corporation may convert to or merge with another corporation, professional corporation, or another type of entity, domestic or foreign, if permitted under the Alabama Business Corporation Law, the Alabama Nonprofit Corporation Law, or Article 8 of Chapter 1. Upon the merger or conversion, if the surviving or new corporation or converted entity, as the case may be, is to render professional services in this state, it shall comply with this chapter.
(b) An unincorporated professional association organized under Article 1 of Chapter 30 may merge with a domestic professional corporation. In the merger, the unincorporated professional association shall follow the procedure specified in the Alabama Business Corporation Law, provided that:
(1) The surviving corporation shall be a domestic professional corporation,
(2) The following terms, when used in the Alabama Business Corporation Law to refer to an unincorporated professional association, shall have the following meanings:
a. BOARD OF DIRECTORS means board of governors.
b. CORPORATION means unincorporated association.
c. STOCK or SECURITIES in the case of an unincorporated professional association which is a nonstock organization, means the undivided interests of the members in the assets of the association.
d. STOCKHOLDER in the case of an unincorporated association which is a nonstock organization, means member.
(3) The plan of merger or plan of conversion shall be approved by a vote of two-thirds of the members of the professional association.
Frequently Asked Questions About Alabama § 10A-4-4.02
What does Code of Alabama § 10A-4-4.02 cover?
Section 10A-4-4.02 ("Merger and Conversion.") 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-4-4.02?
A common citation format is "Code of Alabama § 10A-4-4.02" (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-4-4.02 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.