A majority of the incorporators or initial directors of a corporation that has not issued stock or has not commenced business may dissolve the corporation by delivering to the Secretary of State for filing a certificate of dissolution that sets forth:
(a) the name of the corporation;
(b) the date of its incorporation;
(c) either (i) that none of the corporation's stock has been issued, or (ii) that the corporation has not commenced business;
(d) that no debt of the corporation remains unpaid;
(e) that the net assets of the corporation remaining after winding up have been distributed to the stockholders, if stock was issued;
(f) that a majority of the incorporators or initial directors authorized the dissolution; and
(g) the unique identifying number or other designation as assigned by the Secretary of State.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 2A - Alabama Business Corporation Law.
Division A - Voluntary Dissolution.
Section 10A-2A-14.01 - Dissolution by Incorporators or Initial Directors.
Section 10A-2A-14.02 - Dissolution by Board of Directors and Stockholders.
Section 10A-2A-14.03 - Certificate of Dissolution.
Section 10A-2A-14.04 - Revocation of Dissolution; Reinstatement.
Section 10A-2A-14.05 - Effect of Dissolution.
Section 10A-2A-14.06 - Known Claims Against Dissolved Corporation.
Section 10A-2A-14.07 - Other Claims Against Dissolved Corporation.