# Ala. Code § 41-10-3: Section 41-10-3 Alabama Building Corporation

> Alabama · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-3

## Section

- **Citation:** Ala. Code § 41-10-3
- **Heading:** Section 41-10-3 Alabama Building Corporation
- **Jurisdiction:** Alabama
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Alabama Code / Title 41 / Chapter 10 / Section 41-10-3

## Text

To the extent that such have not been heretofore exercised or discharged, all rights, powers, duties, and liabilities of the Alabama Building Corporation created by Act No. 477 of the 1951 Legislature, page 845, Acts of 1951, approved August 17, 1951, are hereby continued in full force and effect until such have been fully exercised and discharged. At such time as all of the rights, powers, duties, and liabilities of the said Alabama Building Corporation have been exercised or discharged, including specifically the payment or discharge of all bonds or other securities issued by such corporation, the said corporation shall perform the acts of dissolution prescribed by Section 18 of said act, and thereupon the said corporation shall cease to exist.

## Nearby sections

- [Ala. Code § 41-10-1 Section 41-10-1 Alabama Building Authority](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-1.md)
- [Ala. Code § 41-10-2 Section 41-10-2 Alabama Building Finance Authority](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-2.md)
- [Ala. Code § 41-10-3 Section 41-10-3 Alabama Building Corporation](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-3.md)
- [Ala. Code § 41-10-20 Section 41-10-20 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-20.md)
- [Ala. Code § 41-10-21 Section 41-10-21 Legislative Findings of Fact and Declaration of Intent; Construction of Article](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-21.md)
- [Ala. Code § 41-10-22 Section 41-10-22 Authorization and Procedure for Incorporation](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-22.md)
- [Ala. Code § 41-10-23 Section 41-10-23 Filing of Application for Incorporation with Secretary of State; Contents and Execution Thereof; Filing and Recordation of Application by Secretary of State](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-23.md)
- [Ala. Code § 41-10-24 Section 41-10-24 Issuance and Recordation of Certificate of Incorporation by Secretary of State; Secretary of State to Receive No Fees in Connection with Incorporation, Dissolution, Etc., of Authority](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-24.md)
- [Ala. Code § 41-10-25 Section 41-10-25 Composition; Recordkeeping; Admissibility in Evidence](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-25.md)
- [Ala. Code § 41-10-26 Section 41-10-26 Powers of Authority Generally](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-26.md)
- [Ala. Code § 41-10-26.1 Section 41-10-26.1 Exercise of Powers Granted to Airport Authorities](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-26.1.md)
- [Ala. Code § 41-10-27 Section 41-10-27 Issuance and Sale of Bonds for Purpose of Making Grants for Certain Purposes Authorized; Terms and Conditions](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-27.md)
- [Ala. Code § 41-10-27.1 Section 41-10-27.1 State Preparation Grant Money for Raw or Completely Undeveloped Sites](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-27.1.md)
- [Ala. Code § 41-10-27.2 Section 41-10-27.2 Appropriation of Funds for Payment of Industrial Development Site Grants, Site Assessment Grants, or Site Development Grants](https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-27.2.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AL_T41_C10_S41-10-3. Check the current official text before relying on it. Not legal advice.