Section 10-4-381 Applicability of Business Corporation Act and Nonprofit Corporation Act. - Alabama Statutes

Section 10-4-381

Applicability of Business Corporation Act and Nonprofit Corporation Act.

The provisions of the Alabama Business Corporation Act shall apply to professional corporations, domestic and foreign, except to the extent such provisions are inconsistent with the provisions of this article; provided, however, that in the case of not-for-profit professional corporations, domestic or foreign, the provisions of the Alabama Nonprofit Corporation Act shall apply except to the extent such provisions are inconsistent with the provisions of this article.

(Acts 1983, No. 83-514, p. 763, §2.)