Alabama Statutes

§ 23-6-12 — Dissolution of Corporation

Alabama § 23-6-12
JurisdictionAlabama
Title 23Highways, Roads, Bridges and Ferries
Ch. 6Industrial Access Roads and Bridges

This text of Alabama § 23-6-12 (Dissolution of Corporation) 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 § 23-6-12 (2026).

Text

At any time when no bonds of the corporation are outstanding the corporation may be dissolved upon the filing with the Secretary of State of an application for dissolution, which shall be subscribed by each of the members of the corporation and which shall be sworn to by each such member before an officer authorized to take acknowledgments to deeds. Upon the filing of said application for dissolution, the corporation shall cease and any property owned by it at the time of its dissolution shall pass to the State of Alabama. The Secretary of State shall file and record the application for dissolution, in an appropriate book of record in his office, and shall make and issue, under the Great Seal of the State, a certificate that the corporation is dissolved, and shall record the said certifica

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

(Acts 1985, No. 85-549, p. 833, §12.)

Nearby Sections

15
§ 23-1-107
Effective Date
§ 23-1-111
Designation
§ 23-1-130
Establishment
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Alabama § 23-6-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/23-6-12.