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Home » US Law » 2022 Code of Alabama » Title 45 - Local Laws. » Chapter 49A - Mobile County Municipalities. » Article 1 - Bayou La Batre. » Section 45-49A-10.08 – Debts, Obligations, or Liabilities of Corporation.

Section 45-49A-10.08

Debts, obligations, or liabilities of corporation.

No debt, obligation, or liability contracted or incurred by the corporation or by any director, officer, employee, or agent of the corporation shall be a debt, obligation, or liability of the State of Alabama, or of any city, town, county, or political subdivision of the State of Alabama.

(Act 82-312, p. 420, §9.)