Industrial Development Corporation.

  1. Law
  2. Code of Alabama
  3. Alabama Business and Nonprofit Entities Code.
  4. Special Purpose Entities.
  5. Industrial Development Corporation.

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Section
10A-20-7.01

Definitions.

Section
10A-20-7.02

Incorporation.

Section
10A-20-7.03

First Meeting.

Section
10A-20-7.04

Powers of Corporation.

Section
10A-20-7.05

Membership - Application; When Effective.

Section
10A-20-7.06

Membership - Withdrawal.

Section
10A-20-7.07

Directors and Officers.

Section
10A-20-7.08

Corporation to Be State Development Company.

Section
10A-20-7.09

Powers of Stockholders and Members.

Section
10A-20-7.10

Rights to Shares, Bonds, Securities, or Other Evidences of Corporate Indebtedness.

Section
10A-20-7.11

Loans to Corporation by Members.

Section
10A-20-7.12

Credit of State Not to Be Pledged.

Section
10A-20-7.13

Taking of Security by Mortgage or Otherwise.

Section
10A-20-7.14

Tax Exemptions, Credits, and Privileges.

Section
10A-20-7.15

Occupational License Taxes.

Section
10A-20-7.16

Setting Apart of Earned Surplus.

Section
10A-20-7.17

Deposit of Funds in Designated Depository.

Section
10A-20-7.18

Annual Examination and Reports.

Section
10A-20-7.19

Fiscal Year.

Section
10A-20-7.20

Amendment of Certificate of Formation.

Section
10A-20-7.21

Duration of Corporation.

Section
10A-20-7.22

Dissolution.

Section
10A-20-7.23

Applicability of Laws Regulating Securities.