Ala. Code § 16-47-5
Current through the 2024 Regular Session.
No grant or gift, by will or otherwise, shall fail on account of any misnomer or informality, when the intention of the grantor or donor can be ascertained; nor shall any default or malfeasance on the part of the trustees or other officers or agents of such corporation work a forfeiture of any of its rights, powers, privileges or franchises.
Ala. Code § 16-47-5 (1975)