The expense of operating or closing out an association, as provided in Section 2-10-32, shall be paid by the association, including the reasonable salary of the agent placed in charge thereof, reasonable attorney's fees and any other expense incident to properly closing said association's affairs.
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.