Alabama Code 2-16-1. Definitions
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When used in this article, the following terms shall have the following meanings, respectively, unless the context clearly indicates otherwise:
Terms Used In Alabama Code 2-16-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- following: means next after. See Alabama Code 1-1-1
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1