Section 10-3A-224 Reservation of power. - Alabama Statutes

Section 10-3A-224

Reservation of power.

REPEALED IN THE 2009 REGULAR SESSION BY ACT 2009-513, EFFECTIVE JANUARY 1, 2011. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.

The Legislature shall at all times have power to prescribe such regulations, provisions and limitations as it may deem advisable, which regulations, provisions and limitations shall be binding upon any and all corporations subject to the provisions of this chapter, and the Legislature shall have power to amend, repeal or modify this chapter at its pleasure.

(Acts 1984, No. 84-290, p. 502, §90.)