Code of Alabama

Ala. Code § 10-2B-8.32 (2026)

Depreciating Stocks or Bonds of Corporation with Intent to Buy.

✓ official Alabama Legislature (ALISON) text, current July 2026
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All provisions of Title 10 have been repealed or transferred to Title 10A, effective January 1, 2011.

(Acts 1994, No. 94-245, p. 343, §1.)

Notes of Decisions
Cited in 2 cases, 1998–2012 · leading case: Brooks v. Hill, 717 So. 2d 759 (Ala. 1998).
Brooks v. Hill, 717 So. 2d 759 (Ala. 1998). · cites it 18× “Rather, the plaintiff seems to assert, these allegations state claims of a violation of the provisions of § 10-2B-8.32, Ala.Code 1975, and minority shareholder "oppression" or "squeeze-out.”
Allen v. Scott (In re Scott), 481 B.R. 119 (Bankr. N.D. Ala. 2012). “1998) (‘A claim based on an alleged breach of the fiduciaiy duty owed by corporate officers under § 10-2B-8.32 [of the Alabama Code] sounds in tort.”
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