Alabama Constitution

Article XII, § 238 — Authority of Legislature to Revoke Charters of Incorporation

Alabama Const. art. XII, § 238

This text of Alabama Const. art. XII, § 238 (Authority of Legislature to Revoke Charters of Incorporation) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionAlabamaDocumentConstitution
ArticleXII
Section§ 238
CitationAlabama Const. art. XII, § 238
Bluebook
Ala. Const. art. XII, § 238.

Full Text

The legislature shall have the power to alter, amend, or revoke any charter of incorporation now existing and revocable at the ratification of this Constitution, or any that may be hereafter created, whenever, in its opinion, such charter may be injurious to the citizens of this state, in such manner, however, that no injustice shall be done to the stockholders.

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Bluebook (online)
Alabama Const. art. XII, § 238, Counsel Stack Legal Research, https://law.counselstack.com/constitution/al/XII/238.