Alabama Statutes
§ 45-49A-10.08 — Debts, Obligations, or Liabilities of Corporation
Alabama § 45-49A-10.08
This text of Alabama § 45-49A-10.08 (Debts, Obligations, or Liabilities of 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 § 45-49A-10.08 (2026).
Text
No debt, obligation, or liability contracted or incurred by the corporation or by any director, officer, employee, or agent of the corporation shall be a debt, obligation, or liability of the State of Alabama, or of any city, town, county, or political subdivision of the State of Alabama.
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Legislative History
(Act 82-312, p. 420, §9.)
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Bluebook (online)
Alabama § 45-49A-10.08, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/45-49A-10.08.