Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/10A-17-1.10.htm |
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Depth: | 0 singles |
Size: | 1,087 bytes |
Modified: | 2011-01-18 06:58:38 |
Categories: | -None- |
Title: | 10A-17-1.10 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 10A-17-1.10 Disposition of personal property of inactive or dissolved nonprofit association. If a nonprofit association has been inactive for five years or longer, or has been dissolved, a person in possession or control of personal property of the nonprofit association may transfer the property: (1) If a document of a nonprofit association specifies a person to whom transfer is to be made under these circumstances, to that person; or (2) If no person is so specified, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes, or to a government or governmental subdivision, agency, or instrumentality. (Acts 1995, No. 95-527, p. 1064, §10; §10-3B-10; amended and renumbered by Act 2009-513, p. 967, §320.) |