40 chapters · 1,144 sections in this title.
Ala. Code § 2-6-83 Notice of Resolution Regarding Issuance of Securities; Limitation of Actions to Contest Validity of Securities; Venue of Actions Under Article
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Upon the adoption by the board of directors of the corporation of any resolution providing for the issuance of securities under the provisions of this article, the corporation may, in its discretion, cause to be published once a week for two consecutive weeks in a newspaper publi…
Ala. Code § 2-6-84 Securities as Legal Investments
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Securities issued by the corporation under the provisions of this article shall be legal investments for fiduciaries investing trust funds and for investments by savings banks, savings and loan associations and insurance companies organized under the laws of the state and shall b…
Ala. Code § 2-6-85 Exemption of Securities from Taxation
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All securities issued by the corporation and any redemption premium and any interest thereon, the properties of the corporation and any income realized from rents or leases obtained from operation of any market facility constructed under the provision of this article, or any inco…
Ala. Code § 2-6-86 Dissolution of Corporation
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When all securities issued by the corporation and all obligations incurred by it under the provisions of, and within the limitations contained in this article, shall have been fully paid, then the members of the board of directors of the corporation may at such time file with the…