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Alabama · Through Act 2026-611

Ala. Code § 10A-2-6.25: Corporate Shares as Personal Property; Transferability.

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Where this section sits in the code
  1. Title 10A Alabama Business and Nonprofit Entities Code.
  2. Chapter 2 Business Corporations.
  3. Article 6 Shares and Distributions.
  4. Division B Issuance of Shares.

REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

Shares or interests in the stock of corporations are personal property, transferable on the books of the corporation in the manner provided by law.

Collected 2026-09-03T14:01:53Z. Source file · JSON

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