Ala. Code § 10A-17-1.10: Disposition of Personal Property of Inactive or Dissolved Nonprofit Association.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 17 Unincorporated Nonprofit Associations.
- Article 1
If a nonprofit association has been inactive for five years or longer, or has been dissolved, a person in possession or control of personal property of the nonprofit association may transfer the property:
(1) If a document of a nonprofit association specifies a person to whom transfer is to be made under these circumstances, to that person; or
(2) If no person is so specified, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes, or to a government or governmental subdivision, agency, or instrumentality.
Collected 2026-09-03T14:01:53Z. Source file · JSON