For the purposes of this article, the following terms shall have the following meanings:

(1) CORPORATION. The Alabama Innovation Corporation created by Article 20, commencing with Section 41-10-800.
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Terms Used In Alabama Code 41-10-821

  • 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
  • United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1
(2) FEDERAL AGENCY. An executive branch agency of the United States government which participates in the Small Business Innovation Research program, the Small Business Technology Transfer Research program, or both.
(3) SMALL BUSINESS INNOVATION RESEARCH. The awards and programs defined in 15 U.S.C. § 638(e)(4).
(4) SMALL BUSINESS TECHNOLOGY TRANSFER RESEARCH. The awards and programs defined in 15 U.S.C. § 638(e)(6).
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