A bid by HM Revenue and Customs (HMRC) to wind up Bury has been dismissed at a Companies Court hearing.
Judge Sally Barber dismissed a winding up petition after HMRC representatives said a debt owed by the club was paid.
Businessman Steve Dale took over the club in December after previous chairman Stewart Day departed the League Two side.
A statement on the club's website said:
Following today’s news that a petition to wind up the club has been dismissed, Bury Football Club would like to assure supporters of the long-term future of the club.
The new board have openly discussed the financial situation they inherited from the previous ownership.
This is something the Chairman and his team have worked extremely hard on and hope to have the club financially stable and self sufficient as soon as possible.
Today's news acts as confirmation that the hard work is being recognised.
We'd like to thank the fans for their continued loyal support and to continuing the great season we are currently enjoying.