Alabama Code > Title 10A > Chapter 4 > Article 1 – General Provisions
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§ 10A-4-1.01 | Short title |
§ 10A-4-1.02 | Applicability of Business Corporation Law and Nonprofit Corporation Law |
§ 10A-4-1.03 | Definitions |
Terms Used In Alabama Code > Title 10A > Chapter 4 > Article 1 - General Provisions
- 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.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- following: means next after. See Alabama Code 1-1-1
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1
- preceding: means next before. 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
- United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1