GroundRules
Ala. Code § 10A-1-9.02: Definitions.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 1 General Provisions.
- Article 9 Winding Up and Termination of Domestic Entity.
- Division A General Provisions.
In this article, the following terms have the following meanings:
(1) CLAIM. A right to payment, damages, or property, whether liquidated or unliquidated, accrued or contingent, matured or unmatured.
(2) WINDING UP. The process of winding up the business and affairs of a domestic entity as a result of the occurrence of an event requiring winding up.
Collected 2026-09-03T14:01:53Z. Source file · JSON