State Codes and Statutes
Statutes > Alabama > Title10 > Chapter4 > 10-4-150Section 10-4-150
Duration of corporation.
The period of duration of the corporation shall be 50 years, subject, however, to the right of the stockholders and the members to dissolve the corporation prior to the expiration of said period as provided in Section 10-4-151.
(Acts 1969, No. 322, p. 681, §14.)