The authority is a nonprofit corporation and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any individual, firm or corporation.
History: (Acts 1993, 1st Ex. Sess., No. 93-851, p. 79, §1.)
Earnings of the Authority
Ala. Code § 41-10-44.15 — under Title 41.
Ala. Code § 41-10-44.15