Alabama Statutes
§ 10A-3A-6.43 — Shares of Stock Prohibited
Alabama § 10A-3A-6.43
JurisdictionAlabama
Title 10AAlabama Business and Nonprofit Entities Code
Ch. 3AAlabama Nonprofit Corporation Law
Art. 6Memberships and Financial Provisions
Div. DFinancial Provisions
This text of Alabama § 10A-3A-6.43 (Shares of Stock Prohibited) 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-3A-6.43 (2026).
Text
A nonprofit corporation shall not have or issue shares of stock.
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Legislative History
(Act 2023-503, §1.)
Nearby Sections
15
§ 10A-1-1.01
Short Title§ 10A-1-1.02
Applicability of Chapter§ 10A-1-1.03
Definitions§ 10A-1-1.04
Disinterested Person§ 10A-1-1.05
Conspicuous Information§ 10A-1-1.06
Synonymous Terms§ 10A-1-1.07
Signing of Document or Other Writing§ 10A-1-1.08
Short Titles§ 10A-1-1.09
Reference in Law to Statute Revised by Title§ 10A-1-1.10
Reservation of Power§ 10A-1-1.11
Law Governing Filing Entities§ 10A-1-1.12
Entities Not Formed by Filing Instrument§ 10A-1-1.13
Internal Affairs§ 10A-1-2.01
General Scope of Permissible Purposes§ 10A-1-2.02
Prohibited PurposesCite This Page — Counsel Stack
Bluebook (online)
Alabama § 10A-3A-6.43, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/10A-3A-6.43.