Alabama Code 11-40-3.1. Incorporation and actions of certain municipalities ratified, validated, and confirmed
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Terms Used In Alabama Code 11-40-3.1
- 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.
Notwithstanding any provision of law, any municipal corporation that was organized pursuant to the Code of Alabama of 1896, Chapter 94, Article 1, commencing with §2937, prior to the adoption of the Constitution of Alabama of 1901, that is currently functioning as an active municipality and has been continuously functioning as an active municipality, is hereby ratified, validated, and confirmed as a municipality without regard to any possible irregularity in its incorporation and without regard to any attempt to abolish the municipality. Any action of the municipality since its incorporation is ratified, validated, and confirmed.