2009 Alabama Code
Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS.
Chapter 4 — PARTICULAR CORPORATIONS, ASSOCIATIONS, ETC.
Section 10-4-403 Application to existing corporations.

Application to existing corporations.

(a) The provisions of this article shall apply to all existing corporations organized under Article 11 of Chapter 4, Title 10; provided, that any professional corporation, or not-for-profit corporation, in existence on December 31, 1983, in which duly licensed medical and dental professionals are shareholders, or in the case of a not-for-profit professional corporation, render medical and dental services, shall be deemed to be in compliance with Sections 10-4-383 and 10-4-385, as amended, and other applicable provisions of the Revised Professional Corporation Act. The repeal of a prior act by this article shall not impair, or otherwise affect, the organization or continued existence of an existing domestic professional corporation nor the right of any foreign professional corporation presently qualified to render professional services in Alabama to continue to do so without again qualifying to render professional services in Alabama.

(b) Any unincorporated professional association organized under Title 10, Chapter 10, may become subject to the provisions of this article by amending its articles of association as articles of incorporation in compliance with this article, and filing duly executed duplicate originals of such articles of incorporation with the probate judge of the county in which its articles of association were filed.

(c) Any domestic not-for-profit corporation rendering professional services may become subject to the provisions of this article by amending its articles of incorporation in compliance with this article and filing duly executed duplicate originals of such articles with the probate judge of the county in which its articles of incorporation were filed.

(d) The provisions of this article shall not apply to any unincorporated professional association now in existence under Title 10, Chapter 10, or to any domestic not-for-profit corporation rendering professional services unless such association or not-for-profit corporation voluntarily becomes subject to this article as herein provided, and nothing contained in this article shall alter or affect any existing or future right or privilege permitting or not prohibiting performance of professional services through the use of any other form of business organization.