Section 10-3A-146 Involuntary dissolution. - Alabama Statutes

Section 10-3A-146

Involuntary dissolution.

A corporation may be dissolved involuntarily by an order of the circuit court of the county in which the registered office of the corporation is situated in an action filed by the Attorney General when it is established that:

(1) The corporation procured its articles of incorporation through fraud;

(2) The corporation has continued to exceed or abuse the authority conferred upon it by law;

(3) The corporation has failed for 90 days to appoint and maintain a registered agent in Alabama; or

(4) The corporation has failed for 90 days after change of its registered agent to file in the office of the probate judge a statement of such change.

(Acts 1984, No. 84-290, p. 502, §54.)