Skip to main content

HB331 Alabama 2013 Session

Updated Jul 24, 2021
HB331 Alabama 2013 Session
House Bill
Expired
Current Status
Regular Session 2013
Session
1
Sponsor

Summary

Primary Sponsor
Bill Poole
Republican
Session
Regular Session 2013
Title
Corporations, definition, authorization and regulation of a benefit corporation
Description

Under existing law, the Alabama Business Corporation Law authorizes and regulates the formation and governance of general corporations.

The Alabama Nonprofit Corporation Law authorizes the formation and governs the nonprofit corporation.

This bill would authorize and regulate the formation of a benefit corporation.

This bill would define terms.

This bill would permit an existing corporation to become a benefit corporation.

This bill would provide standards of conduct for directors and officers.

Subjects
Corporations

Bill Actions

H

Read for the first time and referred to the House of Representatives committee on Judiciary

Bill Text

Documents

Source: Alabama Legislature