Non-profit Public Corporation

Ala. Code § 16-44A-5 — under Title 16.

Ala. Code § 16-44A-5

This voluntary educational compact shall be deemed and constitute a non-profit public corporation in Alabama, and none of the net proceeds of funds shall inure to the benefit of any individual.

History: (Acts 1994, No. 94-482, p. 799, §5.)