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2020 Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 4 - Professional Corporations.
Article 5 - Regulation of Professional Corporations; Foreign Professional Corporations; Application to Existing Corporations.
Section 10A-4-5.01 - Involuntary Dissolution on Petition of Attorney General.
Universal Citation: AL Code § 10A-4-5.01 (2020)
Section 10A-4-5.01
Involuntary dissolution on petition of Attorney General.
The Attorney General may institute proceedings to involuntarily dissolve a domestic professional corporation or a domestic nonprofit professional corporation. A licensing authority may request that the Attorney General institute such proceedings.
(Acts 1983, No. 83-514, p. 763, §17; §10-4-396; amended and renumbered by Act 2009-513, p. 967, §209; Act 2019-94, §2.)
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