Ala. Code § 10A-2A-7.48

Current through the 2024 Regular Session.
Section 10A-2A-7.48 - Applicability to foreign corporations

In any derivative action in the right of a foreign corporation, the right of a person to commence or maintain a derivative action in the right of a foreign corporation, and any matters raised in the action covered by Sections 10A-2A-7.42 through 10A-2A-7.47, shall be governed by the law of the jurisdiction under which the foreign corporation was formed; except that any matters raised in the action covered by Sections 10A-2A-7.45, 10A-2A-7.46, and 10A-2A-7.47 shall be governed by the law of this state.

Ala. Code § 10A-2A-7.48 (1975)

Added by Act 2019-94,§ 1, eff. 1/1/2020.