There Is a Newer Version of the Code of Alabama
2009 Alabama Code
Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS.
Chapter 13 — REAL ESTATE INVESTMENT TRUSTS.
Section 10-13-18 Nonliability of shareholders for obligations of trust.
Section 10-13-18Nonliability of shareholders for obligations of trust.
No holder of the shares of, or beneficial interest in, a real estate investment trust shall be personally liable for any liabilities, duties or obligations of, or claims against, the real estate investment trust, whether arising before or after the holder became the owner or holder of the shares or beneficial interest.
(Acts 1995, No. 95-628, p. 1317, §18.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.