2009 Alabama Code
Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS.
Chapter 4 — PARTICULAR CORPORATIONS, ASSOCIATIONS, ETC.
Section 10-4-192 Powers.
Section 10-4-192Powers.
Such corporation shall have the power to buy, sell and lease and mortgage real estate, to build and operate wharves, boats and other means of transportation and communication, build, erect and operate waterworks, electric lighting and power companies, libraries, schools, parks and do any other lawful thing, incident to its purpose for the mutual benefit of its members and may admit such other persons to participate in its benefits as it may see fit and upon such conditions as it may impose.
(Code 1907, §3573; Code 1923, §7046; Code 1940, T. 10, §168; Acts 1966, Ex. Sess., No. 445, p. 602, §1; Acts 1976, No. 584, p. 795.)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.
