Such corporation shall have all the rights, powers and franchises necessary to or promotive of the end of its creation and shall be charged with all the corresponding duties, liabilities and responsibilities.
Ala. Code § 16-47-2
Corporate Powers Generally.
(School Code 1927, §544; Code 1940, T. 52, §487.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.