{"data":{"id":"us-al/ala.-code-41-10-805","jurisdiction":"us-al","citation":"Ala. Code § 41-10-805","heading":"Corporation Contracts.","body":"The board may enter into contracts, leases, agreements, investments, and may otherwise expend monies without compliance with Article 5, commencing with Section 41-4-110, of Chapter 4 of Title 41 and Chapter 2 of Title 39. Solely as a result of entering into contracts, leases, agreements, investments, or otherwise, no for-profit or nonprofit private entity, nor the officers, employees, agents, or directors of any of the foregoing, shall become subject to Chapter 25 or Chapter 25A of Title 36; Article 5, commencing with Section 41-4-110, of Chapter 4 of Title 41; Chapter 2 of Title 39; or Article 3, commencing with Section 36-12-40, of Chapter 12 of Title 36 .","path":["Title 41 State Government.","Chapter 10 Authorities.","Article 20 Alabama Innovation Corporation"],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=41-10-805","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"4d6d7451bf4a0f5d8427049ccb2f3f9016b764e5f4de6ad2ff726fbd90aa2df6","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-41-10-804","next":"us-al/ala.-code-41-10-806"},"notice":"GroundRules: Original legal text. Not legal advice."}