Alabama § 10A-3A-12.07 - Abandonment of a Merger.
Full text of Alabama Code of Alabama § 10A-3A-12.07 — Abandonment of a Merger., with citation guidance and answers to common questions.
§ 10A-3A-12.07. Abandonment of a Merger.
(a) After a plan of merger has been adopted and approved as required by this Article 12, and before the statement of merger has become effective, the plan may be abandoned by a nonprofit corporation that is a party to the plan without action by its members, if any, or a person or group of persons under Section 10A-3A-12.08, if any, in accordance with any procedures set forth in the plan of merger or, if no procedures are set forth in the plan, in the manner determined by the board of directors.
(b) If a merger is abandoned under subsection (a) after the statement of merger has been delivered to the Secretary of State for filing but before the merger has become effective, a statement of abandonment signed by all the parties that signed the statement of merger shall be delivered to the Secretary of State for filing before the statement of merger becomes effective. The statement shall take effect on filing and the merger shall be deemed abandoned and shall not become effective. The statement of abandonment must contain:
(1) the name of each party to the merger;
(2) the date on which the statement of merger was filed by the Secretary of State; and
(3) a statement that the merger has been abandoned in accordance with this section.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-3A-12.07
What does Code of Alabama § 10A-3A-12.07 cover?
Section 10A-3A-12.07 ("Abandonment of a Merger.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 10A-3A-12.07?
A common citation format is "Code of Alabama § 10A-3A-12.07" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 10A-3A-12.07 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.