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Financial Services Law Insights and Observations

Alabama governor issues proclamations addressing notary services and remote shareholder meetings

State Issues Covid-19 Alabama Notary Shareholders Fintech

State Issues

On March 26, the Alabama governor issued a proclamation permitting remote notarization through videoconferencing, provided that certain requirements are met. A subsequent proclamation, issued on April 2, extended permission for remote notarization to unsupervised, non-attorney notaries and added a record-keeping requirement for such notarizations. Additionally, the proclamation permits remote shareholder meetings pursuant to guidelines and procedures adopted by the corporation’s board of directors, provided that certain requirements are met.