2009 Alabama Code
Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS.
Chapter 6 — INFANT STOCKHOLDERS.
Section 10-6-1 Corporation without notice of infancy may treat infant as having capacity to vote, transfer, etc.

Section 10-6-1

Corporation without notice of infancy may treat infant as having capacity to vote, transfer, etc.

A corporation may treat an infant who holds stock or other securities of such corporation in his or her own name as having capacity to vote or to give consent in person or by proxy in respect thereof, to transfer and to convey the same and to make elections and exercise rights relating to such stock or securities, unless the corporation has notice of the infancy by delivery to it or to its transfer agent of a written notice stating that such holder is an infant.

(Acts 1957, No. 546, p. 766, §1.)

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