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AL HB230
Bill
Status
Passed
5/7/2024
Primary Sponsor
Margie Wilcox
Click for details
AI Summary
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Eliminates the requirement for corporations and foreign corporations to file annual reports with the Alabama Secretary of State.
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Removes the automatic ground for revocation of a foreign corporation's registration if it fails to deliver an annual report within 180 days.
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Removes references to "annual report" from the definition of "principal office" in Alabama corporate law.
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Repeals Section 10A-2A-16.11 entirely, which previously mandated annual report filings.
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Effective date: October 1, 2024.
Legislative Description
Domestic and Foreign Corporations; annual report requirement removed
Businesses & Financial Institutions
Last Action
Enacted
5/7/2024
Committee Referrals
Fiscal Responsibility and Economic Development3/19/2024
State Government2/27/2024
Full Bill Text
No bill text available