Alabama Code > Title 41 > Chapter 23 > Article 4 – Alabama Small Business Incubator Act


§ 41-23-60	Short title
§ 41-23-61	Definitions
§ 41-23-62	Responsibilities of loan policy committee
§ 41-23-63	Promulgation of rules and regulations governing allocation and accountability of funds
§ 41-23-64	Establishment of grant programs
§ 41-23-65	Use of funds; remuneration
§ 41-23-66	Disbursed grant funds not utilized to revert to loans; repayment

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.
following: means next after. See Alabama Code 1-1-1
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.
state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1