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Alabama · Through Act 2026-611

Ala. Code § 10A-2A-14.13: Decree of Dissolution.

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Where this section sits in the code
  1. Title 10A Alabama Business and Nonprofit Entities Code.
  2. Chapter 2A Alabama Business Corporation Law.
  3. Article 14 Dissolution.
  4. Division B Judicial Dissolution.

(a) If after a hearing the court determines that one or more grounds for judicial dissolution described in Section 10A-2A-14.10 exist, the court may enter a decree dissolving the corporation and specifying the effective date of the dissolution. If the court enters a decree dissolving the corporation, then the clerk of the court shall deliver a certified copy of the decree to the Secretary of State for filing.

(b) After entering the decree of dissolution, the court shall direct the winding-up and liquidation of the corporation’s business and affairs in accordance with Section 10A-2A-14.05 and the notification of claimants in accordance with Sections 10A-2A-14.06 and 10A-2A-14.07.

Collected 2026-09-03T14:01:53Z. Source file · JSON

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