Ala. Code § 10A-2A-7.46
Current with legislation from 2024 effective through May 17, 2024.
A derivative action may not be dismissed or compromised without the approval of the court, and notice of the proposed dismissal or compromise shall be given to stockholders of the corporation in such manner as the court directs.
Ala. Code § 10A-2A-7.46 (1975)