Code of Alabama - Title 2: Agriculture - Section 2-10-34 - Payment of expense of operating or closing out association

Section 2-10-34 - Payment of expense of operating or closing out association.

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.

(Ag. Code 1927, §562; Code 1940, T. 2, §84.)

Last modified: May 3, 2021