Ala. Code § 10A-3A-2.05 (2026) – Bylaws. | Midpage
§ 10A-3A-2.05
Ala. Code § 10A-3A-2.05 (2026)
Bylaws.
(Act 2023-503, §1.)
(a) The incorporators or board of directors of a nonprofit corporation shall adopt initial bylaws for the nonprofit corporation.
(b) The bylaws of a nonprofit corporation may contain any provision that is not inconsistent with law or the certificate of incorporation.
(c) The bylaws are a part of a binding contract between the nonprofit corporation and (i) the members in a membership nonprofit corporation and (ii) the directors in a nonmembership nonprofit corporation, subject to the provisions of this chapter.