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Alabama Foreign Corporations, Amendment 7 (1951)

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Alabama Constitution
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Preamble
Articles
IIIIIIIVVVIVIIVIIIIXXXIXIIXIIIXIVXVXVIXVIIXVIII
Local Provisions

The Alabama Foreign Corporations, Amendment 7, also known as Amendment 7, was on the ballot in Alabama on December 11, 1951, as a legislatively referred constitutional amendment. It was defeated. The amendment proposed to amend the constitution. The amendment proposed that no foreign corporation shall do any business in this state without having at least one place of business and an authorized agent, and without filing with the secretary of state a certified copy of its articles of incorporation. Lawsuits against such corporations would be the same as for suits against domestic corporations. The Legislature shall also provide for the payment to the state of Alabama of a franchise tax by such corporation, and such franchise tax would be based on the actual amount of capital employed in this state. Strictly benevolent, educational, or religious corporations shall not be required to pay such a tax.[1]

Election results

Alabama Amendment 7 (December 1951)
ResultVotesPercentage
Defeatedd No59,96055.98%
Yes47,15444.02%

Election results via: Alabama Official and Statistical Register, 1951

See also


External links

Footnotes