Section 10-4-396 Involuntary dissolution at request of licensing authority. - Alabama Statutes

Section 10-4-396

Involuntary dissolution at request of licensing authority.

The Attorney General may institute proceedings to involuntarily dissolve a domestic professional corporation under Article 7 of Chapter 2A of this title, or, in the case of a domestic not-for-profit corporation, to involuntarily dissolve it under the provisions of the Alabama Nonprofit Corporation Act. A licensing authority may request that the Attorney General institute such proceedings.

(Acts 1983, No. 83-514, p. 763, §17.)