Authority of legislature to revoke charters of incorporation
Alabama Constitution (January 1901)
Ala. Const. art XII, s 238 - 238
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The legislature shall have the power to alter, amend, or revoke any charter of incorporation now existing and revocable at the ratification of this Constitution, or any that may be hereafter created, whenever, in its opinion, such charter may be injurious to the citizens of this state, in such manner, however, that no injustice shall be done to the stockholders.
Other documents:
Cliatt v. The State., 194 Ga. App. 110, 389 S.E.2d 568 (1989)
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Authority of legislature to revoke charters of incorporation
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