Alabama Code 9-10-31. Certificate of incorporation – Contents; execution
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Terms Used In Alabama Code 9-10-31
- 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.
- property: includes both real and personal property. See Alabama Code 1-1-1
- 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 name designated for the corporation in the certificate of incorporation shall be one indicating the purpose thereof, such as “_____ County Water Conservation and Irrigation Corporation” or some other name of similar import.