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Alabama · Through Act 2026-611

Ala. Code § 10A-20-7.05: Membership - Application; When Effective.

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Where this section sits in the code
  1. Title 10A Alabama Business and Nonprofit Entities Code.
  2. Chapter 20 Special Purpose Entities.
  3. Article 7 Industrial Development Corporation.

Any financial institution may request membership in the corporation by making application to the board of directors on the form in the manner as the board of directors may require, and membership shall become effective upon acceptance of the application by the board.

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

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