Section 10-2B-2.03 Incorporation. - Alabama Statutes

Section 10-2B-2.03

Incorporation.

(a) Unless a delayed effective date is specified, the corporate existence begins when the articles of incorporation are filed.

(b) The probate judge's filing of the articles of incorporation is conclusive proof that the incorporators satisfied all conditions precedent to incorporation except in a proceeding by the state to cancel or revoke the incorporation or involuntarily dissolve the corporation.

(Acts 1994, No. 94-245, p. 343, §1.)