Alabama Statutes
§ 41-10-431 — Authority as Nonprofit Corporation
Alabama § 41-10-431
JurisdictionAlabama
Title 41State Government
Ch. 10Authorities
Art. 13Real Estate Commission Building Authority
This text of Alabama § 41-10-431 (Authority as Nonprofit Corporation) 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 § 41-10-431 (2026).
Text
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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Legislative History
(Acts 1990, No. 90-293, p. 396, §12.)
Nearby Sections
15
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Bluebook (online)
Alabama § 41-10-431, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/41-10-431.