Ala. Code § 41-16-160

Current through the 2024 Regular Session.

Section 41-16-160 - Definitions

As used in this act, the following terms have the following meanings:

(1) COMPANY. A for-profit entity, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, or limited liability company. The term does not include sole proprietorships.

(2) ECONOMIC BOYCOTT. Without an ordinary business purpose, refusing to deal with, terminating business activities with, or otherwise taking any commercial action that is intended to penalize or inflict economic harm on a company solely because the company, without violating controlling law or regulation, does any of the following:

a. Engages in the exploration, production, utilization, transportation, sale, or manufacturing of fossil fuel-based energy, timber, mining, or agriculture.

b. Engages in, facilitates, or supports the manufacture, import, distribution, marketing or advertising, sale, or lawful use of firearms, ammunition, or component parts and accessories of firearms or ammunition.

c. Does not meet, is not expected to meet, or does not commit to meet environmental standards or disclosure criteria, in particular to eliminate, reduce, offset, or disclose greenhouse gas emissions.

d. Does not meet, is not expected to meet, or does not commit to meet corporate employment or board composition, compensation, or disclosure criteria.

e. Does not facilitate, is not expected to facilitate, or does not commit to facilitate access to abortion or sex or gender change surgery, medications, treatment, or therapies.

(3) GOVERNMENTAL ENTITY. A state agency, department, regulatory body, board, bureau, or commission, or any county, municipality, incorporated or unincorporated local government, or other political subdivision of the state.

(4) ORDINARY BUSINESS PURPOSE. Includes a purpose that is related to business operations and excludes a purpose that is solely related to furthering social, political, or ideological interests.

Ala. Code § 41-16-160 (1975)

Added by Act 2023-409,§ 1, eff. 9/1/2023, app. only to contracts entered into on or after October 1, 2023.