{"data":{"id":"us-al/ala.-code-11-89c-7","jurisdiction":"us-al","citation":"Ala. Code § 11-89C-7","heading":"Public Corporation to Be Nonprofit; Dissolution.","body":"Any public corporation shall be a nonprofit corporation, and no part of its net earnings shall inure to the benefit of any individual, firm, or corporation. In the event of dissolution of a public corporation, if the board of directors of the public corporation determines that sufficient provision has been made for the full payment of the expenses and other obligations, then any net earnings thereafter existing shall be paid to the member governing bodies of the public corporation provided, such amounts so paid out shall only be used by the member governing bodies for storm water purposes and no other purpose.","path":["Title 11 Counties and Municipal Corporations.","Title 3 Provisions Applicable to Counties and Municipal Corporations.","Chapter 89C Storm Water Discharges into Separate Storm Sewers."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=11-89C-7","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"efc98d4ec2069de8442999b70167261e1cc47a43b3f5f6cc51c4789d5111a66c","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-11-89c-6","next":"us-al/ala.-code-11-89c-8"},"notice":"GroundRules: Original legal text. Not legal advice."}