2020 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 20 - Special Purpose Entities.
Article 7 - Industrial Development Corporation.
Section 10A-20-7.08 - Corporation to Be State Development Company.

Universal Citation: AL Code § 10A-20-7.08 (2020)

Section 10A-20-7.08

Corporation to be state development company.

Any corporation organized under this article shall be a state development company, as defined in the Small Business Investment Act of 1958, or any other similar federal legislation, and shall be authorized to operate on a statewide basis.

(Acts 1969, No. 322, p. 681, §17; §10-4-137; amended and renumbered by Act 2009-513, p. 967, §336.)

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