Home/Alabama/Statutes/Title 41: State Government/Ch. 10: Authorities/Art. 13: Real Estate Commission Building Authority/§ 41-10-431
Alabama Statutes

§ 41-10-431 — Authority as Nonprofit Corporation

Alabama·Title 41 State Government·Ch. 10 Authorities·Art. 13 Real Estate Commission Building Authority
The authority shall be a nonprofit corporation, and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any private person or entity.

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Alabama § 41-10-431 (Authority as Nonprofit Corporation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Acts 1990, No. 90-293, p. 396, §12.)

Nearby Sections

15
§ 41-1-1
Sovereignty and Jurisdiction of State; Territorial Waters; Legislative Findings
§ 41-1-10
Section 41-1-9 Deemed Declarative of Existing Law
§ 41-1-11
State Agencies Authorized to Increase Fees in Accordance with the Consumer Price Index
§ 41-1-12
State Agencies Required to Take Certain Measures to Prevent Fraud Before Paying Benefits to Recipients
§ 41-1-13
Use of Central Bank Digital Currency
§ 41-1-14
Authorization to Expend Public Funds for the Purpose of Carrying Out Statutory Duties
§ 41-1-15
Unfair Treatment of Females or Males; Establishment of Certain Single-Sex Spaces or Environments
§ 41-1-2
Maintenance and Defense of State Authority and Jurisdiction
§ 41-1-20
Establishment of Remittance Requirements; Applicability; Payment Procedures
§ 41-1-21
Penalties
§ 41-1-22
Penalties Waived for Good Faith Attempt
§ 41-1-23
Promulgation of Rules and Regulations
§ 41-1-3
Compromise of Claims in Favor of State
§ 41-1-4
When Bonds of State Payable
§ 41-1-40
Legislative Findings
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