Code of Alabama - Title 41: State Government - Section 41-10-283 - Earnings of authority

Section 41-10-283 - Earnings of authority.

The authority shall be a nonprofit corporation, and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any private entity.

(Acts 1986, No. 86-420, p. 627, §24.)

Last modified: May 3, 2021