Alabama § 6-6-187 Subjecting Unpaid Subscriptions to Satisfy Payment of Judgment Against Corporation

Alabama Statutes

§ 6-6-187 — Subjecting Unpaid Subscriptions to Satisfy Payment of Judgment Against Corporation

Alabama § 6-6-187

JurisdictionAlabama

Title 6Civil Practice

Ch. 6Remedies

Art. 4Creditors’ Actions

Div. 1General Provisions

This text of Alabama § 6-6-187 (Subjecting Unpaid Subscriptions to Satisfy Payment of Judgment Against 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 § 6-6-187 (2026).

Text

A judgment creditor of a corporation, having an execution returned, “no property found,” may, by complaint in a court of competent jurisdiction, subject to the payment of his judgment the unpaid subscription of one or more stockholders in such corporation without joining the other stockholders and without regard to whether the corporation has called for such subscription or could commence an action therefor against the stockholder.

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A judgment creditor of a corporation, having an execution returned, “no property found,” may, by complaint in a court of competent jurisdiction, subject to the payment of his judgment the unpaid subscription of one or more stockholders in such corporation without joining the other stockholders and without regard to whether the corporation has called for such subscription or could commence an action therefor against the stockholder.