Whenever the commissioner finds that an association is violating the purposes for which organized or is conducting its business in any unauthorized manner or is not serving the interest of its members or is being conducted in such a manner as to seriously impair its capital or jeopardize the interest of its members or has seriously impaired its capital or for any other reason such association should be discontinued or have a change of management, the commissioner shall call a meeting of the State Board of Agriculture and Industries and present all facts to such board.
Structure Code of Alabama
Chapter 10 - Cooperatives and Associations.
Article 2 - Marketing Associations Generally.
Section 2-10-20 - "Association" Defined.
Section 2-10-21 - Permit Required; Fee.
Section 2-10-22 - Duty of Commissioner Upon Receipt of Application for Permit.
Section 2-10-24 - Refusal of Permit.
Section 2-10-25 - Notice of Decision Refusing Permit; Appeal.
Section 2-10-26 - Temporary Permit Pending Appeal.
Section 2-10-27 - Authority to Acquire Stock and Execute Mortgages.
Section 2-10-28 - Annual Report.
Section 2-10-29 - Investigation of Affairs of Association.
Section 2-10-30 - Commissioner to Report Association Violating Purposes of Organization, Etc.
Section 2-10-31 - Hearing on Report of Commissioner.
Section 2-10-32 - Order of Board After Hearing; Appeal.
Section 2-10-33 - Bond Required of Person Placed in Charge of Association.
Section 2-10-34 - Payment of Expense of Operating or Closing Out Association.
Section 2-10-35 - Dissolution of Marketing or Marketing and Purchasing Associations.