Alabama § 10A-2A-15.01 Governing Law

Alabama Statutes

§ 10A-2A-15.01 — Governing Law

Alabama § 10A-2A-15.01

JurisdictionAlabama

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 2AAlabama Business Corporation Law

Art. 15Foreign Corporations

Div. AGoverning Law

This text of Alabama § 10A-2A-15.01 (Governing Law) 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-2A-15.01 (2026).

Text

(a)The law of the jurisdiction of formation of a foreign corporation governs:

(1)the incorporation and internal affairs of the foreign corporation;

(2)the liability of its stockholders as stockholders for the debts, obligations, or other liabilities of the foreign corporation; and

(3)the authority of the directors and officers of the foreign corporation.

(b)A foreign corporation is not precluded from registering to do business in this state because of any difference between the law of the foreign corporation’s jurisdiction of formation and the law of this state.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The law of the jurisdiction of formation of a foreign corporation governs:
(1) the incorporation and internal affairs of the foreign corporation;
(2) the liability of its stockholders as stockholders for the debts, obligations, or other liabilities of the foreign corporation; and
(3) the authority of the directors and officers of the foreign corporation.
(b) A foreign corporation is not precluded from registering to do business in this state because of any difference between the law of the foreign corporation’s jurisdiction of formation and the law of this state.