Section 10-4-404 Reservation of power of Legislature. - Alabama Statutes

Section 10-4-404

Reservation of power of Legislature.

REPEALED IN THE 2009 REGULAR SESSION BY ACT 2009-513, EFFECTIVE JANUARY 1, 2011.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 article, and the Legislature shall have power to amend, repeal or modify this article at pleasure.

(Acts 1983, No. 83-514, p. 763, §25.)