State Codes and Statutes

Statutes > Alabama > Title5 > Chapter16 > 5-16-42

Section 5-16-42

Operating or management contracts.

No association may hereafter make any operating or management contract with any person or persons, except with the approval of the commissioner, nor shall existing contracts be extended, renewed or transferred without such approval.

(Acts 1939, No. 459, p. 616; Code 1940, T. 5, §254.)

State Codes and Statutes

Statutes > Alabama > Title5 > Chapter16 > 5-16-42

Section 5-16-42

Operating or management contracts.

No association may hereafter make any operating or management contract with any person or persons, except with the approval of the commissioner, nor shall existing contracts be extended, renewed or transferred without such approval.

(Acts 1939, No. 459, p. 616; Code 1940, T. 5, §254.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title5 > Chapter16 > 5-16-42

Section 5-16-42

Operating or management contracts.

No association may hereafter make any operating or management contract with any person or persons, except with the approval of the commissioner, nor shall existing contracts be extended, renewed or transferred without such approval.

(Acts 1939, No. 459, p. 616; Code 1940, T. 5, §254.)