Code of Alabama - Title 41: State Government - Section 41-10-44.15 - Earnings of the authority

Section 41-10-44.15 - Earnings of the authority.

The authority is a nonprofit corporation and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any individual, firm or corporation.

(Acts 1993, 1st Ex. Sess., No. 93-851, p. 79, §1.)

Last modified: May 3, 2021