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ALABAMA STATUTES AND CODES
Section 41-10-431 Authority as nonprofit corporation.
Section 41-10-431
Authority as nonprofit corporation.
The authority shall be a nonprofit corporation, and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any private person or entity.
(Acts 1990, No. 90-293, p. 396, §12.)Alabama Forms by Issue
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