Alabama Statutes

§ 34-3-108 — Nonprofit and Public Nature of Foundation

Alabama·Title 34 Professions and Businesses·Ch. 3 Attorney-at-Law·Art. 5 State Bar Building Foundation
It is the intention of this article that the foundation be a nonprofit public corporation. No part of the net earnings of the foundation shall inure to the benefit of any private individual, firm, or corporation.

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

Alabama § 34-3-108 (Nonprofit and Public Nature of Foundation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1961, No. 670, p. 917, §9.)

Nearby Sections

15
View on official source ↗