Code of Alabama

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10A-2A-1.01
Section 10A-2A-1.01 Short Title. (a) This chapter and the provisions of Chapter 1, to the extent
applicable to business corporations, shall be known and may be cited as the Alabama Business
Corporation Law. (b) This chapter and the provisions of Chapter 1, to the extent applicable
to business corporations, apply to a corporation incorporated and existing under this chapter
or any predecessor law regarding business corporations, and to a foreign corporation that
is transacting business in this state, regardless of whether the foreign corporation is registered
to transact business in this state. Without in any way limiting the generality of any provision
of this chapter or of any provision of Chapter 1, this chapter and the provisions of Chapter
1, to the extent applicable to corporations, shall apply to banks, trust companies, savings
and loan associations, insurance companies, public utilities, and railroad companies, except
to the extent, if any, that any provision of this chapter or...
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32-18-1
Section 32-18-1 Definitions. For the purposes of this chapter, the following terms shall have
the meanings indicated: (1) PERSON. Every natural person, firm, copartnership, association,
or corporation. (2) OPERATOR. Every person who is in actual physical control of a motor vehicle
upon a street, alley, or thoroughfare. (3) MOTOR VEHICLE. Any vehicle propelled by any power
other than muscular power, including traction engines, tractor cranes, power shovels, road
building machines, road rollers, road sweepers, and sand spreaders, which are self-propelled;
and trailers, semitrailers, and motorcycles. This definition shall not include traction engines,
tractor cranes, power shovels, road building machines, road rollers, road sweepers, and sand
spreaders which are not self-propelled; or tractors used exclusively for agricultural purposes,
well drillers, electric trucks with small wheels used in factories, warehouses, and railroad
stations and operated principally on private property and...
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40-22-4
Section 40-22-4 Exemption of production credit corporations and associations. No tax levied
upon the recordation of mortgages, deeds of trust, and instruments of like character shall
be levied upon or collected from any corporation or association organized pursuant to Subchapter
IV of Chapter 7, Title 12, United States Code Annotated, with respect to any instrument executed
to secure a loan made by it to one of its members for general agricultural purposes, the provisions
of any other law to the contrary notwithstanding. (Acts 1951, No. 540, p. 953.)...
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45-2-143
Section 45-2-143 Recordkeeping; audits. (a) This section shall only apply in Baldwin County.
(b) Each volunteer fire department and each rescue squad organized as a nonprofit corporation
under Chapter 3 of Title 10A, or receiving ad valorem tax revenue pursuant to Section 45-2-242,
shall keep correct and complete books and records of all accounts and shall keep minutes of
the proceedings of its members, board of directors, and committees having any of the authority
of the board of directors. All books and records of a volunteer fire department or rescue
squad may be inspected by any member, director, or officer, or his or her agent or attorney,
for any proper purpose at any reasonable time and are subject to audit as provided in subsection
(c). (c) The chair of the board of directors of each volunteer fire department and each rescue
squad, at least once a year, shall appoint a certified public accountant or request the Department
of Examiners of Public Accounts to conduct an audit of...
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5-2A-62
Section 5-2A-62 Supervisory powers of commissioner generally; approvals, etc., by commissioner;
permits required of savings and loan associations. (a) The commissioner shall have general
supervision over all associations and corporations which are subject to the provisions of
Chapter 16 of this title. He shall enforce the purposes of Chapter 16 of this title by use
of the powers therein conferred and by reference to the courts when required. (b) Every approval
by the commissioner given pursuant to the provisions of Chapter 16 of this title and every
communication having the effect of an order or instruction to any association shall be in
writing, signed by the commissioner under the seal of his office and shall be mailed by registered
or certified mail to the association affected thereby, addressed to the president thereof
at the home office of the association, and unless the association to which any approval or
order is directed is an association having its accounts insured by a...
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11-97-19
Section 11-97-19 Exemption from usury and interest laws. Any corporation and all contracts
made by it shall be exempt from the laws of the State of Alabama governing usury or prescribing
or limiting interest rates, including, but without limitation to, the provisions of Chapter
8 of Title 8. Further, any payment payable directly or indirectly by any provider pursuant
to any lease, installment sale contract, loan agreement, or other contract to which a corporation
is a party, any payment pursuant to any utility service agreement or any payment pursuant
to any other obligation constituting the source of payment for any obligation of a corporation
which, in any such case under the laws of the state in effect at the time, constitutes interest,
or a payment in the nature of interest, shall be exempt from all such laws of the state governing
usury or prescribing or limiting interest rates. (Acts 1984, No. 84-314, p. 695, §19.)...

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41-4-110
Section 41-4-110 Established; duties; contracts for stationery, printing, paper, and fuel;
use of approved credit cards for certain purchases; State Procurement Fund. (a) There shall
be in the Department of Finance the Division of Purchasing. The functions and duties of the
Division of Purchasing shall be as follows: (1) To purchase all personal property and nonprofessional
services, except alcoholic beverages, which shall be purchased by the Alcoholic Beverage Control
Board and except as otherwise provided by law, for the state and each department, board, bureau,
commission, agency, office, and institution thereof, except as provided in subsection (e).
(2) To make and supervise the execution of all contracts and leases for the use or acquisition
of any personal property and nonprofessional services unless otherwise provided by law. (3)
To fix standards of quality and quantity and to develop standard specifications for all personal
property and nonprofessional services acquired by the...
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5-18-23
Section 5-18-23 Maintenance of listing of licensees doing business in state; public access
to reports, etc. (a) The supervisor shall cause to be kept on file in the Bureau of Loans,
open to public inspection during business hours, an alphabetical listing of all licensees
doing business in Alabama, and such list shall reveal the true ownership of the licensee companies.
If the company is a corporation, the list shall indicate the name of the corporation, the
address of the home office and the names and addresses of its officers and directors. (b)
Except as provided in subsection (a) of this section, all applications, reports and other
papers and documents submitted by licensees to the supervisor or to the bureau shall be open
to public inspection only upon approval of the supervisor, but the supervisor shall not deny
any person access to such records when the disclosure thereof to such person is in the public
interest. (Acts 1959, No. 374, p. 966, §22.)...
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5-18A-11
Section 5-18A-11 Maintenance of business records; notice of intent to conduct business in conjunction
with other business; examination of place of business. (a) Each licensee shall keep and use
in its business any books, accounts, and records that the supervisor may require to carry
into effect this chapter and the administrative regulations issued hereunder. If a licensee
operates any other business licensed by the department, a deferred presentment services business
shall be accounted for separately from any other business licensed by the department. Each
licensed business shall maintain separate business records. (b) No licensee shall conduct
the business of making deferred presentment transactions under this chapter within any office,
suite, room, or place of business in which any other business except check cashing or a business
conducted pursuant to Chapter 19A is solicited or engaged in or in association or conjunction
with any other business until 15 days' written notice of an...
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10A-2-1.01
Section 10A-2-1.01 Short title and applicability. REPEALED IN THE 2019 REGULAR SESSION BY ACT
2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) This chapter
and Chapter 1, to the extent applicable to business corporations, shall be known and may be
cited as the "Alabama Business Corporation Law." (b) This chapter applies to a domestic
business corporation formed and existing under this title and to a foreign business corporation
that is transacting business in this state, regardless of whether the foreign corporation
is registered to transact business in this state. Without in any way limiting the generality
of any provision of this chapter or of any provision of Chapter 1, this chapter and the provisions
of Chapter 1 to the extent applicable to business corporations shall apply to banks, trust
companies, savings and loan associations, insurance companies, public utilities, and railroad
companies, except to the extent, if any, that any provision of this...
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