Alabama Code (Last Updated: November 28, 2014) |
Title37 PUBLIC UTILITIES AND PUBLIC TRANSPORTATION. |
Chapter4. PUBLIC UTILITIES OTHER THAN TRANSPORTATION COMPANIES OR MOTOR VEHICLE CARRIERS. |
Article1. Rate and Other Regulations. |
§37-4-4. Directors not to delegate or relinquish duties.
Latest version.
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The directors of corporations which are utilities engaged in any intrastate business in this state shall not, in any manner, delegate or temporarily or permanently relinquish or surrender their duty or obligation while occupying said office.