Alabama Statutes

§ 35-20-14 — Dissolution and Liquidation of Assets Upon Termination of Declaration

Alabama·Title 35 Property·Ch. 20 Alabama Homeowners’ Association Act
Upon the termination of a declaration, or at such other time as required by law, the board of directors shall take those steps necessary for the immediate dissolution and liquidation of the association and any remaining assets.

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Alabama § 35-20-14 (Dissolution and Liquidation of Assets Upon Termination of Declaration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Act 2015-292, §15.)

Nearby Sections

15
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