Section 22-21-109 Issuance of securities - Sale; expenses, etc. - Alabama Statutes

Section 22-21-109

Issuance of securities - Sale; expenses, etc.

All securities issued under this division may be sold, either at private or public sale, in such manner, and from time to time, as may be determined by the directors of the hospital corporation issuing the same to be most advantageous. The hospital corporation may pay all expenses, premiums, commissions and attorneys' fees which its directors may deem necessary or advantageous in connection with any financing or proposed financing done by it.

(Acts 1949, No. 640, p. 981, §7.)