Section 10-3A-144 Articles of dissolution. - Alabama Statutes

Section 10-3A-144

Articles of dissolution.

If voluntary dissolution proceedings have not been revoked, then when all debts, liabilities and obligations of the corporation shall have been paid and discharged, or adequate provision shall have been made therefor, and all of the remaining property and assets of the corporation shall have been transferred, conveyed or distributed in accordance with the provisions of this chapter, articles of dissolution shall be executed for the corporation by its president or a vice president, and by its secretary or an assistant secretary, and verified by one of the officers signing such articles, which statement shall set forth:

(1) The name of the corporation.

(2) That a statement of intent to dissolve the corporation has theretofore been filed, and the date on which such statement was filed.

(3) That all debts, obligations, and liabilities of the corporation have been paid and discharged or that adequate provision has been made therefor.

(4) A copy of the plan of distribution, if any, as adopted by the corporation, or a statement that no plan was so adopted.

(5) That all the remaining property and assets of the corporation have been transferred, conveyed or distributed in accordance with the provisions of this chapter.

(6) That there are no suits pending against the corporation in any court, or that adequate provision has been made for the satisfaction of any judgment, order or decree which may be entered against it in any pending suit.

(Acts 1984, No. 84-290, p. 502, §52.)