Corporation to Be State Development Company.

  1. Law
  2. Code of Alabama
  3. Alabama Business and Nonprofit Entities Code.
  4. Special Purpose Entities.
  5. Industrial Development Corporation.
  6. Corporation to Be State Development Company.

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Section 10A-20-7.08

Corporation to be state development company.

Any corporation organized under this article shall be a state development company, as defined in the Small Business Investment Act of 1958, or any other similar federal legislation, and shall be authorized to operate on a statewide basis.

(Acts 1969, No. 322, p. 681, §17; §10-4-137; amended and renumbered by Act 2009-513, p. 967, §336.)


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