Ala. Code § 16-44A-5

Current through the 2024 Regular Session.

Section 16-44A-5 - Non-profit public corporation

This voluntary educational compact shall be deemed and constitute a non-profit public corporation in Alabama, and none of the net proceeds of funds shall inure to the benefit of any individual.

Ala. Code § 16-44A-5 (1975)

Acts 1994, No. 94-482, p. 799, §5.