Alabama § 16-7A-6 - Disposition of Assets Upon Dissolution.
Full text of Alabama Code of Alabama § 16-7A-6 — Disposition of Assets Upon Dissolution., with citation guidance and answers to common questions.
§ 16-7A-6. Disposition of Assets Upon Dissolution.
In the event of dissolution, the residual assets of the authority shall be turned over to another public corporation or organization which is itself exempt from federal income tax as an organization described in Section 501(c)(3) and Section 170(c) of the Internal Revenue Code of 1954, as amended.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 16-7A-6
What does Code of Alabama § 16-7A-6 cover?
Section 16-7A-6 ("Disposition of Assets Upon Dissolution.") 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 § 16-7A-6?
A common citation format is "Code of Alabama § 16-7A-6" (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 § 16-7A-6 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.