Alabama § 10A-20-13.01 Retail Merchants; Authority to Form Corporation

Alabama Statutes

§ 10A-20-13.01 — Retail Merchants; Authority to Form Corporation

Alabama § 10A-20-13.01

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 20Special Purpose Entities

Art. 13Retail Merchants’ Associations

This text of Alabama § 10A-20-13.01 (Retail Merchants; Authority to Form Corporation) 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.

Bluebook

Ala. Code § 10A-20-13.01 (2026).

Text

Whenever 10 or more retail merchants wish to form an association, cooperative society, or corporation for nonprofit purposes in the sense of not paying interest or dividends on stock, but for mutual benefit through the application of cooperation or other economic principles, they may become a body corporate in the manner provided in Chapter 4.

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Legislative History

(Acts 1915, No. 412, p. 368; Code 1923, §7162; Code 1940, T. 10, §151; Acts 1984, No. 84-290, p. 502, §93; §10-4-260; amended and renumbered by Act 2009-513, p. 967, §348.)