Ala. Const. art. XII, § 238
- Constitution
- Constitution of Alabama
- Text as of
- October 2026
What does this section say?
The legislature shall have the power to alter, amend, or revoke any charter of incorporation now existing and revocable at the ratification of this Constitution, or any that may be hereafter created, whenever, in its opinion, such charter may be injurious to the citizens of this state, in such manner, however, that no injustice shall be done to the stockholders.
The text is copied from the official source: alison.legislature.state.al.us. This is the stored text for research. It is not legal advice; check the official source before you rely on it.