Division
Entity Specific Powers; Limitations
- Ala. Code § 10A-3-2.41— Shares of Stock and Dividends Prohibited; Compensation and Benefits Permitted.
- Ala. Code § 10A-3-2.42— Loans to Directors and Officers Prohibited.
- Ala. Code § 10A-3-2.43— Power to Indemnify Directors or Officers.
- Ala. Code § 10A-3-2.44— Assertion of Lack of Capacity or Power; Defense of Ultra Vires