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Entity Specific Powers; Limitations | Midpage
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Code of Alabama
Title 10A
Chapter 3
Article 2
D
Entity Specific Powers; Limitations
10A-3-2.41
Shares of Stock and Dividends Prohibited; Compensation and Benefits Permitted.
10A-3-2.42
Loans to Directors and Officers Prohibited.
10A-3-2.43
Power to Indemnify Directors or Officers.
10A-3-2.44
Assertion of Lack of Capacity or Power; Defense of Ultra Vires