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Corporations may be organized under this chapter for any lawful purpose or purposes.
Structure Code of Alabama
Code of Alabama
Title 10 - Corporations, Partnerships, and Associations.
Chapter 2B - Business Corporations.
Article 3 - Purposes and Powers.
Section 10-2B-3.01 - Purposes.
Section 10-2B-3.02 - General Powers.
Section 10-2B-3.03 - Emergency Powers.
Section 10-2B-3.04 - Ultra Vires.