Involuntary Dissolution on Petition of Attorney General.

  1. Law
  2. Code of Alabama
  3. Alabama Business and Nonprofit Entities Code.
  4. Professional Corporations.
  5. Regulation of Professional Corporations; Foreign Professional Corporations; Application to Existing Corporations.
  6. Involuntary Dissolution on Petition of Attorney General.

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Section 10A-4-5.01

Involuntary dissolution on petition of Attorney General.

The Attorney General may institute proceedings to involuntarily dissolve a domestic professional corporation or a domestic nonprofit professional corporation. A licensing authority may request that the Attorney General institute such proceedings.

(Acts 1983, No. 83-514, p. 763, §17; §10-4-396; amended and renumbered by Act 2009-513, p. 967, §209; Act 2019-94, §2.)


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