Code of Alabama

Ala. Code § 8-6-50 (2026)

Created; Duties Generally.

✓ official Alabama Legislature (ALISON) text, current July 2026

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There is created the Alabama Securities Commission, which shall be responsible for the enforcement of laws governing the issuance, sale, and other transactions relative to securities.

(Acts 1969, No. 740, p. 1315, §1.)

Notes of Decisions

Cited in 1 case, 2015–2015 · leading case: Morgan Keegan & Co., Inc. & Morgan Asset Mgmt., Inc. v. Purdue Avenue Investors LP, Mary Ann Howard & Dana Howard, as Tr. of the Molly A. Howard Trust (Tex. App. 2015).

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Morgan Keegan & Co., Inc. & Morgan Asset Mgmt., Inc. v. Purdue Avenue Investors LP, Mary Ann Howard & Dana Howard, as Tr. of the Molly A. Howard Trust (Tex. App. 2015). “Alabama is specifically authorized to administer the Alabama Securities Act pursuant to Code of Alabama 1975, § 8-6-50. 3. Kentucky is specifically authorized to administer the Kentucky Securities Act pursuant to KRS § 292.”

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