Section 10-3A-145

Filing of articles of dissolution.

(a) The articles of dissolution and two copies thereof shall be delivered to the probate judge. If the probate judge finds that such articles of dissolution conform to law, he shall, when all fees prescribed in this chapter have been paid:

(1) Endorse on the articles of dissolution and on each of such copies the word "filed," and the hour, day, month and year of the filing thereof.

(2) File the articles of dissolution in his office and certify the two copies thereof.

(3) Issue a certificate of dissolution to which he shall affix a certified copy of the articles of dissolution, and return such certificate of dissolution with a certified copy of the articles of dissolution affixed thereto to the representative of the dissolved corporation.

(4) Within 10 days after the issuance of the certificate of dissolution, transmit to the Secretary of State a certificate of dissolution with a certified copy of the articles of dissolution attached thereto, indicating thereon the place, date and time of filing of such statement.

(b) For failure of the probate judge to comply with the requirements of subsection (a)(4) of this section, the probate judge shall forfeit $50.00 to the State of Alabama to be recovered in an action by the State of Alabama.

(c) Upon the issuance of such certificate of dissolution, the existence of the corporation shall cease, except for the purpose of suits, other proceedings and appropriate corporate action by members, directors and officers as provided in this chapter.

(Acts 1984, No. 84-290, p. 502, §53.)