810-3-8-.03 Stock for Stock of the Same Corporation. Federal regulations and decisions of federal courts and agencies regarding the exchange of stock for stock of the same corporation will generally be followed in the interpretation of this rule. See also Rule 810-3-1.1-.01, Operating Rules, for interpretation of federal statutes adopted by the Alabama Legislature.

Author:    Verlon R. Frost, Jeff Taylor, and Ed Cutter, CPA
Authority: §§ 40-2A-7(a)(5), 40-18-8 and 40-18-5, Code of Alabama 1975
History:    Adopted through APA September 30, 1982. Amended July 27, 1988. Amended: Filed March 4, 1997, effective April 8, 1997. Amended: Filed April 28, 1999, effective June 2, 1999.