Ala. Code § 10A-1-2.02

Current through the 2024 Regular Session.

Section 10A-1-2.02 - Prohibited purposes

A domestic entity may not engage in a business, activity, not for profit activity, or any other activity, whether or not for profit, that:

(A) is expressly unlawful or prohibited by a law of this state;

(B) cannot lawfully be engaged in by that entity under a law of this state; or

(C) may not be engaged in by an entity without first obtaining a license under the laws of this state to engage in that business, activity, not for profit activity, or any other activity, whether or not for profit, and a license cannot lawfully be granted to the entity.

Ala. Code § 10A-1-2.02 (1975)

Amended by Act 2018-125,§ 1, eff. 1/1/2019.

Act 2009-513, p. 967, § 8.