It is the intention of this article that the foundation be a nonprofit public corporation. No part of the net earnings of the foundation shall inure to the benefit of any private individual, firm, or corporation.
Structure Code of Alabama
Title 34 - Professions and Businesses.
Article 5 - State Bar Building Foundation.
Section 34-3-100 - Legislative Findings and Intent.
Section 34-3-101 - Application for Incorporation.
Section 34-3-102 - Certificate of Incorporation.
Section 34-3-103 - Board of Trustees and Officers.
Section 34-3-104 - Powers of Foundation.
Section 34-3-105 - Exemptions From Taxation.
Section 34-3-106 - Parcel of Land to Be Conveyed by State to Foundation.
Section 34-3-107 - Disbursement of Appropriations to State Bar for Construction of Buildings.
Section 34-3-108 - Nonprofit and Public Nature of Foundation.