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Terms Used In Alabama Code 41-10-811

  • 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.
  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1

The Alabama Innovation Corporation shall report to the Legislature beginning in 2023, pursuant to Section state agencies administering economic tax incentives” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”AL” title=”40″>40-1-50, an assessment of the corporation efforts to accomplish the goals pursuant to this article.