Alabama Code 10A-3A-13.09. Nonexclusive
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Terms Used In Alabama Code 10A-3A-13.09
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
This article is not exclusive. This article does not preclude a nonprofit corporation from converting under law other than this chapter.