2021 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 3 - Nonprofit Corporations.
Article 2 - Substantive Provisions.
Division D - Entity Specific Powers; Limitations.
- Section 10A-3-2.41 - Shares of Stock and Dividends Prohibited; Compensation and Benefits Permitted.
- Section 10A-3-2.42 - Loans to Directors and Officers Prohibited.
- Section 10A-3-2.43 - Power to Indemnify Directors or Officers.
- Section 10A-3-2.44 - Assertion of Lack of Capacity or Power; Defense of Ultra Vires
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