Ala. Const. art. XII, § 240
- Constitution
- Constitution of Alabama
- Text as of
- October 2026
What does this section say?
All corporations shall have the right to sue, and shall be subject to be sued, in all courts in like cases as natural persons. Dues from private corporations shall be secured by such means as may be prescribed by law; but in no case shall any stockholder be individually liable otherwise than for the unpaid stock owned by him or her.
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.