Alabama Code > Title 27 > Chapter 52 > Article 2 – Alabama Small Employer Allocation Program
Current as of: 2024 | Check for updates
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Other versions
| § 27-52-20 | Alabama Small Employer Allocation Program created |
| § 27-52-21 | Commissioner of Insurance; benefits offered to small employers; “small employer” defined |
Terms Used In Alabama Code > Title 27 > Chapter 52 > Article 2 - Alabama Small Employer Allocation Program
- 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.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.