Ala. Code § 10A-3A-6.43: Shares of Stock Prohibited.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 3A Alabama Nonprofit Corporation Law.
- Article 6 Memberships and Financial Provisions.
- Division D Financial Provisions.
A nonprofit corporation shall not have or issue shares of stock.
Collected 2026-09-03T14:01:54Z. Source file · JSON