Alabama Code 2-10-34. Payment of expense of operating or closing out association
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Terms Used In Alabama Code 2-10-34
- association: as used in this article , shall refer to agricultural cooperative marketing associations and other organizations, whether incorporated or not, which have for their objects engaging in activities similar to those of a cooperative marketing association. See Alabama Code 2-10-20
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.