Ala. Code § 10A-20-7.21: Duration of Corporation.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 20 Special Purpose Entities.
- Article 7 Industrial Development Corporation.
The period of duration of the corporation shall be 50 years, subject, however, to the right of the stockholders and the members to dissolve the corporation prior to the expiration of the period as provided in Section 10A-20-7.22.
Collected 2026-09-03T14:01:53Z. Source file · JSON