Statutes > Alabama Statutes > Title 10 — CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS. > Chapter 4 — PARTICULAR CORPORATIONS, ASSOCIATIONS, ETC. > Section 10-4-142 Taking of security by mortgage or otherwise.

Section 10-4-142 Taking of security by mortgage or otherwise.

Section 10-4-142

Taking of security by mortgage or otherwise.

Notwithstanding the provisions of any other law of this state, now or hereinafter enacted, any corporation organized under the provisions of this article shall be authorized to take and receive security by a mortgage, or otherwise, on property, real and personal.

(Acts 1969, No. 322, p. 681, §20.)