Alabama Statutes
§ 10-11-3 — Officer Immune from Suit; Exception for Willful Misconduct, Fraud or Gross Negligence; For-Profit Subsidiary Not Immune
Alabama·Title 10 Corporations, Partnerships, and Associations·Ch. 11 Liability of Officers of Nonprofit Organizations
All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011.
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Alabama § 10-11-3 (Officer Immune from Suit; Exception for Willful Misconduct, Fraud or Gross Negligence; For-Profit Subsidiary Not Immune) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1987, No. 87-706, p. 1242, §3.)
Nearby Sections
15
§ 10-10-1
Definitions§ 10-10-16
Distribution of Assets on Dissolution§ 10-10-3
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