{"data":{"id":"us-al/ala.-code-10a-1-2.17","jurisdiction":"us-al","citation":"Ala. Code § 10A-1-2.17","heading":"Business Transactions of Owner with Entity.","body":"Except as otherwise provided in the governing documents or in the specific chapter that applies to that entity, an owner may lend money to and transact any lawful business with the entity and, subject to other applicable law, have the same rights and obligations with respect thereto as a person who is not an owner.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 1 General Provisions.","Article 2 Purposes and Powers of Domestic Entity.","Division B Powers of Domestic Entity."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-1-2.17","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"1d3e608d80d9faf5dfa0d8b28b2ebb0c597581b740d0a44b2faaa1116f227a7c","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-1-2.16","next":"us-al/ala.-code-10a-1-3.01"},"notice":"GroundRules: Original legal text. Not legal advice."}