Alabama Business and Nonprofit Entities Code. revisions made to clarify procedures, make technical corrections, and codify common law

SB 187 revises Alabama's Business and Nonprofit Entities Code to clarify procedures and correct technical errors. It directly affects all Alabama business corporations, nonprofits, registered agents, and their officers, directors, and shareholders. Key provisions include requiring registered agents to perform duties in person (not virtually), streamlining processes for foreign entities withdrawing from Alabama, establishing clear rules for records requests with expedited court review if ignored, and creating safe harbor procedures for resolving conflicts of interest involving officers or directors. The bill formalizes existing common law practices without creating new substantive requirements.