Code of Alabama
Chapter 1 - General Provisions.
Article 2 - Purposes and Powers of Domestic Entity.

Division A - Purposes of Domestic Entity.

Section 10A-1-2.01 - General Scope of Permissible Purposes. - A domestic entity may have any lawful purpose or purposes,...

Section 10A-1-2.02 - Prohibited Purposes. - A domestic entity may not engage in a business, activity,...

Section 10A-1-2.03 - Limitation on Purposes of Professional Entity. - Except as provided in the chapter of this title applicable...

Section 10A-1-2.04 - Limitation in Governing Documents. - The governing documents of a domestic entity may contain limitations...

Division B - Powers of Domestic Entity.

Section 10A-1-2.11 - General Powers. - Except as otherwise provided by this title, and whether or...

Section 10A-1-2.12 - Consideration for Indebtedness. - (a) Unless otherwise provided by its governing documents or this...

Section 10A-1-2.13 - Power to Make Guaranties. - (a) In this section, "guaranty" means a mortgage, pledge, security...

Section 10A-1-2.14 - Stated Powers in Division Sufficient. - A domestic entity is not required to state in its...

Section 10A-1-2.15 - Limitation on Powers. - This division does not authorize a domestic entity or a...

Section 10A-1-2.16 - Certificated Indebtedness; Manner of Issuance; Signature and Seal. - (a) Except as otherwise provided by the governing documents of...

Section 10A-1-2.17 - Business Transactions of Owner With Entity. - Except as otherwise provided in the governing documents or in...