Alabama Statutes
§ 22-21-109 — Issuance of Securities - Sale; Expenses, Etc
Alabama § 22-21-109
JurisdictionAlabama
Title 22Health, Mental Health, and Environmental Control
Ch. 21Hospitals and Other Health Care Facilities Generally
Art. 4County Hospital Boards and Corporations
Div. 2Hospital Corporations
This text of Alabama § 22-21-109 (Issuance of Securities - Sale; Expenses, Etc) 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 § 22-21-109 (2026).
Text
All securities issued under this division may be sold, either at private or public sale, in such manner, and from time to time, as may be determined by the directors of the hospital corporation issuing the same to be most advantageous. The hospital corporation may pay all expenses, premiums, commissions and attorneys’ fees which its directors may deem necessary or advantageous in connection with any financing or proposed financing done by it.
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Legislative History
(Acts 1949, No. 640, p. 981, §7.)
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Bluebook (online)
Alabama § 22-21-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/22-21-109.