State Codes and Statutes
Statutes > Alabama > Title16 > Chapter44A > 16-44A-5Section 16-44A-5
Non-profit public corporation.
This voluntary educational compact shall be deemed and constitute a non-profit public corporation in Alabama, and none of the net proceeds of funds shall inure to the benefit of any individual.
(Acts 1994, No. 94-482, p. 799, §5.)