Alabama Code > Title 45 > Chapter 45 > Article 24 > Part 4 – Tax, Beer
Current as of: 2024 | Check for updates
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Other versions
| § 45-45-243 | Disposition of funds – General fund |
| § 45-45-243.01 | Disposition of funds – Senior Citizens’ Prescription Drug Program |
Terms Used In Alabama Code > Title 45 > Chapter 45 > Article 24 > Part 4 - Tax, Beer
- 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.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- property: includes both real and personal property. See Alabama Code 1-1-1
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- 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