Alabama § 10A-3A-11.01 Dissolution by Incorporators or Directors

Alabama Statutes

§ 10A-3A-11.01 — Dissolution by Incorporators or Directors

Alabama § 10A-3A-11.01

JurisdictionAlabama

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 3AAlabama Nonprofit Corporation Law

Art. 11Dissolution

Div. AVoluntary Dissolution

This text of Alabama § 10A-3A-11.01 (Dissolution by Incorporators or Directors) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 10A-3A-11.01 (2026).

Text

A majority of the incorporators or initial directors of a nonprofit corporation that has not commenced activity may dissolve the nonprofit corporation by delivering to the Secretary of State for filing a certificate of dissolution that sets forth:

(1)the name of the nonprofit corporation;

(2)the date of its incorporation;

(3)that the nonprofit corporation has not commenced activity;

(4)that no debt of the nonprofit corporation remains unpaid;

(5)that the net assets of the nonprofit corporation remaining after winding up have been distributed;

(6)that a majority of the incorporators or directors authorized the dissolution; and

(7)the unique identifying number or other designation as assigned by the Secretary of State.

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A majority of the incorporators or initial directors of a nonprofit corporation that has not commenced activity may dissolve the nonprofit corporation by delivering to the Secretary of State for filing a certificate of dissolution that sets forth:
(1) the name of the nonprofit corporation;
(2) the date of its incorporation;
(3) that the nonprofit corporation has not commenced activity;
(4) that no debt of the nonprofit corporation remains unpaid;
(5) that the net assets of the nonprofit corporation remaining after winding up have been distributed;
(6) that a majority of the incorporators or directors authorized the dissolution; and
(7) the unique identifying number or other designation as assigned by the Secretary of State.