Alabama § 15-18-73 - Restitution by Corporation, Partnership, Etc.; Default as Forfeiture of Right to Do Business.
Full text of Alabama Code of Alabama § 15-18-73 — Restitution by Corporation, Partnership, Etc.; Default as Forfeiture of Right to Do Business., with citation guidance and answers to common questions.
§ 15-18-73. Restitution by Corporation, Partnership, Etc.; Default as Forfeiture of Right to Do Business.
When an order of restitution is imposed upon a defendant which is a corporation, unincorporated association, partnership or other business entity, it shall be the duty of the person or persons authorized to make disbursements from the assets of such defendant to make restitution from those assets and a failure to do so by such person or persons may be held to be in contempt of court unless a showing be made to the contrary as pursuant to the provisions of Section 15-18-72.
Any corporation, unincorporated association, or other business entity which fails to make restitution as ordered by the court shall forfeit its rights to do business within the State of Alabama and its charter or other legal grant of the right to do such business may be dissolved by the court.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 15-18-73
What does Code of Alabama § 15-18-73 cover?
Section 15-18-73 ("Restitution by Corporation, Partnership, Etc.; Default as Forfeiture of Right to Do Business.") 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 § 15-18-73?
A common citation format is "Code of Alabama § 15-18-73" (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 § 15-18-73 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.