Article 1 General Provisions.

Division A Short Title.

Section 10A-2A-1.01 Short Title.

Division B Filing Documents.

Section 10A-2A-1.20 Requirements for filing instruments; extrinsic facts.
Section 10A-2A-1.21 Certificate of existence or registration.

Division C Definitions.

Section 10A-2A-1.40 Chapter definitions.
Section 10A-2A-1.41 Notice and other communications.
Section 10A-2A-1.42 Number of stockholders.
Section 10A-2A-1.43 Qualified director.
Section 10A-2A-1.44 Householding.

Division D Ratification of Defective Corporate Actions.

Section 10A-2A-1.45 Definitions.
Section 10A-2A-1.46 Defective corporate actions.
Section 10A-2A-1.47 Ratification of defective corporate actions.
Section 10A-2A-1.48 Action on ratification.
Section 10A-2A-1.49 Notice requirements.
Section 10A-2A-1.50 Effect of ratification.
Section 10A-2A-1.51 Filings.
Section 10A-2A-1.52 Judicial proceedings regarding validity of corporate actions.

Article 2 Incorporation.

Section 10A-2A-2.01 Incorporators; filing of certificate of incorporation.
Section 10A-2A-2.02 Certificate of incorporation.
Section 10A-2A-2.03 Liability for preincorporation transactions.
Section 10A-2A-2.04 Organization of corporation.
Section 10A-2A-2.05 Bylaws.
Section 10A-2A-2.06 Emergency bylaws.
Section 10A-2A-2.07 Forum selection provisions. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2019 REGULAR SESSION, EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

Article 3 Purposes and Powers.

Section 10A-2A-3.01 Purposes.
Section 10A-2A-3.02 General powers.
Section 10A-2A-3.03 Emergency powers.
Section 10A-2A-3.04 Lack of power to act.

Article 4 Reserved.
Article 5 Reserved.
Article 6 Stock and Distributions.

Division A Authorized stock.

Section 10A-2A-6.01 Authorized stock.
Section 10A-2A-6.02 Terms of class or series determined by board of directors.
Section 10A-2A-6.03 Issued and outstanding stock.
Section 10A-2A-6.04 Fractional stock.

Division B Issuance of Stock.

Section 10A-2A-6.20 Subscription for stock before incorporation.
Section 10A-2A-6.21 Issuance of stock.
Section 10A-2A-6.22 Liability of stockholders.
Section 10A-2A-6.23 Stock dividends.
Section 10A-2A-6.24 Stock rights, options, warrants, and awards.
Section 10A-2A-6.25 Form and content of certifications.
Section 10A-2A-6.26 Uncertificated interests.
Section 10A-2A-6.27 Restriction on transfer of stock.
Section 10A-2A-6.28 Expense of issue.

Division C Subsequent acquisition of stock by stockholders and corporation.

Section 10A-2A-6.30 Stockholders' preemptive rights.
Section 10A-2A-6.31 Corporation's acquisition of its own stock.

Division D Distributions.

Section 10A-2A-6.40 Distributions to stockholders.

Article 7 Stockholders.

Division A Meetings.

Section 10A-2A-7.01 Annual meetings.
Section 10A-2A-7.02 Special meetings.
Section 10A-2A-7.03 Court-ordered meetings.
Section 10A-2A-7.04 Action without meeting.
Section 10A-2A-7.05 Notice of meeting.
Section 10A-2A-7.06 Waiver of notice.
Section 10A-2A-7.07 Record date for meeting.
Section 10A-2A-7.08 Conduct of meeting.
Section 10A-2A-7.09 Remote participation in stockholders' meetings; meetings held solely by remote participation.

Division B Voting.

Section 10A-2A-7.20 Stockholders' list for meeting.
Section 10A-2A-7.21 Voting entitlement of stock.
Section 10A-2A-7.22 Proxies.
Section 10A-2A-7.23 Stock held by intermediaries and nominees.
Section 10A-2A-7.24 Acceptance of votes and other instruments.
Section 10A-2A-7.25 Quorum and voting requirements for voting groups.
Section 10A-2A-7.26 Action by single and multiple voting groups.
Section 10A-2A-7.27 Modifying quorum or voting requirements.
Section 10A-2A-7.28 Voting for directors; cumulative voting.
Section 10A-2A-7.29 Inspectors of election.

Division C Voting Trusts and Agreements.

Section 10A-2A-7.30 Voting trusts.
Section 10A-2A-7.31 Voting agreements.
Section 10A-2A-7.32 Stockholder agreements.

Division D Derivative Proceedings.

Section 10A-2A-7.40 Division definitions.
Section 10A-2A-7.41 Right of derivative action.
Section 10A-2A-7.42 Standing.
Section 10A-2A-7.43 Demand.
Section 10A-2A-7.44 Pleading.
Section 10A-2A-7.45 Stay of proceedings.
Section 10A-2A-7.46 Discontinuance or settlement.
Section 10A-2A-7.47 Proceeds and expenses.
Section 10A-2A-7.48 Applicability to foreign corporations.

Article 8 Directors and Officers.

Division A Board of directors.

Section 10A-2A-8.01 Requirement for and functions of board of directors.
Section 10A-2A-8.02 Qualifications of directors.
Section 10A-2A-8.03 Number and election of directors.
Section 10A-2A-8.04 Election of directors by certain classes or series of stock.
Section 10A-2A-8.05 Terms of directors generally.
Section 10A-2A-8.06 Staggered terms for directors.
Section 10A-2A-8.07 Resignation of directors.
Section 10A-2A-8.08 Removal of directors by stockholders.
Section 10A-2A-8.09 Removal of directors by judicial proceeding.
Section 10A-2A-8.10 Vacancy on board of directors.
Section 10A-2A-8.11 Compensation of directors.

Division B Meetings and Action of the Board of Directors.

Section 10A-2A-8.20 Meetings.
Section 10A-2A-8.21 Action without meeting.
Section 10A-2A-8.22 Notice of meeting.
Section 10A-2A-8.23 Waiver of notice.
Section 10A-2A-8.24 Quorum and voting.
Section 10A-2A-8.25 Committees of the board.
Section 10A-2A-8.26 Submission of matters for stockholder vote.

Division C Directors.

Section 10A-2A-8.30 Standards of conduct for directors.
Section 10A-2A-8.31 Standards of liability for directors.
Section 10A-2A-8.32 Directors' liability for unlawful distributions.

Division D Officers.

Section 10A-2A-8.40 Officers.
Section 10A-2A-8.41 Functions of officers.
Section 10A-2A-8.42 Standards of conduct for officers.
Section 10A-2A-8.43 Resignation and removal of officers.
Section 10A-2A-8.44 Contract rights of officers.

Division E Indemnification and Advance for Expenses.

Section 10A-2A-8.50 Division definitions.
Section 10A-2A-8.51 Permissible indemnification.
Section 10A-2A-8.52 Mandatory indemnification.
Section 10A-2A-8.53 Advance for expenses.
Section 10A-2A-8.54 Court-ordered indemnification and advance for expenses.
Section 10A-2A-8.55 Determination and authorization of indemnification.
Section 10A-2A-8.56 Indemnification of officers.
Section 10A-2A-8.57 Insurance.
Section 10A-2A-8.58 Variation by corporate action; application of division.
Section 10A-2A-8.59 Exclusivity of division.

Division F Interested Directors; Quorum.

Section 10A-2A-8.60 Interested directors; quorum. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2019 REGULAR SESSION, EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

Article 9 Conversions.

Division A Article Definitions.

Section 10A-2A-9.01 Definitions.

Division B Conversion.

Section 10A-2A-9.11 Conversion.
Section 10A-2A-9.12 Action on a plan of conversion.
Section 10A-2A-9.13 Statement of conversion; effectiveness.
Section 10A-2A-9.14 Amendment of plan of conversion; abandonment.
Section 10A-2A-9.15 Effect of conversion.
Section 10A-2A-9.16 Nonexclusive.

Article 10 Amendment of Certificate of Incorporation and Bylaws.

Division A Amendment of Certificate of Incorporation.

Section 10A-2A-10.01 Authority to amend.
Section 10A-2A-10.02 Amendment before issuance of stock.
Section 10A-2A-10.03 Amendment by board of directors and stockholders.
Section 10A-2A-10.04 Voting on amendments by voting groups.
Section 10A-2A-10.05 Amendment by board of directors.
Section 10A-2A-10.06 Certificate of amendment.
Section 10A-2A-10.07 Restated certificate of incorporation.
Section 10A-2A-10.08 Amendment pursuant to reorganization.
Section 10A-2A-10.09 Effect of amendment.

Division B Amendment of Bylaws.

Section 10A-2A-10.20 Authority to amend.
Section 10A-2A-10.21 Bylaw increasing quorum or voting requirement for directors or requiring a meeting place.
Section 10A-2A-10.22 Bylaw provisions relating to the election of directors. THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2019 REGULAR SESSION, EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

Article 11 Mergers and Stock Exchanges.

Section 10A-2A-11.01 Definitions.
Section 10A-2A-11.02 Merger.
Section 10A-2A-11.03 Stock exchange.
Section 10A-2A-11.04 Action on a plan of merger or stock exchange.
Section 10A-2A-11.05 Merger between parent and subsidiary or between subsidiaries.
Section 10A-2A-11.06 Statement or merger or stock exchange.
Section 10A-2A-11.07 Effect of merger or stock exchange.
Section 10A-2A-11.08 Abandonment of a merger or stock exchange.
Section 10A-2A-11.09 Nonexclusive.

Article 12 Disposition of Assets.

Section 10A-2A-12.01 Disposition of assets not requiring stockholder approval.
Section 10A-2A-12.02 Stockholder approval of certain dispositions.

Article 13 Appraisal Rights.

Division A Right to Appraisal and Payment for Stock.

Section 10A-2A-13.01 Definitions.
Section 10A-2A-13.02 Right to appraisal.
Section 10A-2A-13.03 Assertion of rights by nominees and beneficial stockholders.

Division B Procedure for Exercise of Appraisal Rights.

Section 10A-2A-13.20 Notice of appraisal rights.
Section 10A-2A-13.21 Notice of intent to demand payment and consequences of voting or consenting.
Section 10A-2A-13.22 Appraisal notice and form.
Section 10A-2A-13.23 Perfection of rights; right to withdraw.
Section 10A-2A-13.24 Payment.
Section 10A-2A-13.25 After-acquired stock.
Section 10A-2A-13.26 Procedure if stockholder dissatisfied with payment or offer.

Division C Judicial Appraisal of Stock.

Section 10A-2A-13.30 Court action.
Section 10A-2A-13.31 Court costs and expenses.

Division D Other Remedies.

Section 10A-2A-13.40 Other remedies limited.

Article 14 Dissolution.

Division A Voluntary Dissolution.

Section 10A-2A-14.01 Dissolution by incorporators or initial directors.
Section 10A-2A-14.02 Dissolution by board of directors and stockholders.
Section 10A-2A-14.03 Certificate of dissolution.
Section 10A-2A-14.04 Revocation of dissolution; reinstatement.
Section 10A-2A-14.05 Effect of dissolution.
Section 10A-2A-14.06 Known claims against dissolved corporation.
Section 10A-2A-14.07 Other claims against dissolved corporation.
Section 10A-2A-14.08 Director duties.

Division B Judicial Dissolution.

Section 10A-2A-14.10 Grounds for judicial dissolution.
Section 10A-2A-14.11 Procedure for judicial dissolution.
Section 10A-2A-14.12 Receivership or custodianship.
Section 10A-2A-14.13 Decree of dissolution.
Section 10A-2A-14.14 Election to purchase in lieu of dissolution.

Division C Miscellaneous.

Section 10A-2A-14.20 Deposit with State Treasurer.

Article 15 Foreign Corporations.

Division A Governing Law.

Section 10A-2A-15.01 Governing law.

Division B Acting in a Fiduciary Capacity.

Section 10A-2A-15.10 Definitions.
Section 10A-2A-15.11 Authority of foreign corporation to act as fiduciary.
Section 10A-2A-15.12 Filing of verified statement with Commissioner of Revenue by foreign corporation prior to acting as fiduciary.
Section 10A-2A-15.13 Foreign corporation acting as fiduciary not deemed doing business in this state.
Section 10A-2A-15.14 Foreign corporation previously acting in fiduciary capacity in state.
Section 10A-2A-15.15 Service of process on foreign corporation acting in fiduciary capacity.

Article 16 Records and Reports.

Division A Records.

Section 10A-2A-16.01 Corporate records.
Section 10A-2A-16.02 Inspection rights of stockholders.
Section 10A-2A-16.03 Scope of inspection right.
Section 10A-2A-16.04 Court-ordered inspection.
Section 10A-2A-16.05 Inspection rights of directors.

Division B Reports.

Section 10A-2A-16.10
Section 10A-2A-16.11 Annual report for Secretary of State.

Article 17 Benefit Corporations.

Section 10A-2A-17.01 Application of Article 17; definitions.
Section 10A-2A-17.02 Name; stock certificates.
Section 10A-2A-17.03 Certain amendments and transactions; votes required.
Section 10A-2A-17.04 Duties of directors.
Section 10A-2A-17.05 Annual benefit report.
Section 10A-2A-17.06 Rights of action.

Article 18 Transition Provisions.

Section 10A-2A-18.01 Application to existing corporations.
Section 10A-2A-18.02 Application to existing foreign corporations.
Section 10A-2A-18.03 Saving provisions.
Section 10A-2A-18.04 Severability.
Section 10A-2A-18.05 Relation to Electronic Signatures in Global and National Commerce Act.
Section 10A-2A-18.06 Interstate application.