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Terms Used In Alabama Code 45-40A-10.01

  • 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.

The municipal corporation of the Town of Courtland in Lawrence County may establish, purchase, construct, maintain, and operate a television cable system and furnish television cable service to its residents and residents of surrounding territory.