23-6-12
Section 23-6-12 Dissolution of corporation. At any time when no bonds of the corporation are
outstanding the corporation may be dissolved upon the filing with the Secretary of State of
an application for dissolution, which shall be subscribed by each of the members of the corporation
and which shall be sworn to by each such member before an officer authorized to take acknowledgments
to deeds. Upon the filing of said application for dissolution, the corporation shall cease
and any property owned by it at the time of its dissolution shall pass to the State of Alabama.
The Secretary of State shall file and record the application for dissolution, in an appropriate
book of record in his office, and shall make and issue, under the Great Seal of the State,
a certificate that the corporation is dissolved, and shall record the said certificate with
the application for dissolution. (Acts 1985, No. 85-549, p. 833, §12.)...
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10A-20-1.07
Section 10A-20-1.07 Dissolution. Any corporation sole under this article may be dissolved by
the bishop who constitutes the corporation filing with the Secretary of State an application
therefor, which shall be subscribed, sworn to, and certified as in the case of an application
for incorporation. Upon the filing of the certificate, the corporation shall cease, and all
its property rights and liabilities shall pass to the bishop, but no bishop shall be responsible
for liabilities of a dissolved corporation in any greater sum than the value of property of
the corporation which may come into possession of the bishop upon its dissolution. The Secretary
of State shall record the application for dissolution and shall make and issue to the bishop,
under the seal of the state, a certificate that the corporation is dissolved and shall record
this certificate with the application for dissolution. (Acts 1911, No. 429, p. 452; Code 1923,
§7118; Code 1940, T. 10, §121; §10-4-7; amended and...
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22-21-191
Section 22-21-191 Dissolution of corporation. If at any time the corporation shall have outstanding
no unpaid securities and if each member of the board of directors of the corporation shall
execute and file for record in the office of the judge of probate of the county in which the
corporation is organized a certificate of dissolution reciting the fact that the corporation
has outstanding no unpaid securities, stating that it is in the best interests of the public
for the corporation to be dissolved and declaring the corporation to be dissolved, the corporation
shall thereupon stand dissolved, and title to all funds and properties owned by it at the
time of such dissolution shall vest, jointly, in the county and the largest of the member
municipalities, according to the federal decennial census next preceding the date of the filing
of the certificate of incorporation of the corporation for record, whereupon possession of
such funds and properties shall forthwith be delivered to the...
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10A-5A-11.10
Section 10A-5A-11.10 Effect of dissolution of series. Notwithstanding Section 10A-1-9.12: (a)
A dissolved series continues its existence as a series but may not carry on any activities
and affairs except as is appropriate to wind up and liquidate its activities and affairs,
including: (1) collecting the assets of the series; (2) disposing of the properties of the
series that will not be distributed in kind to persons owning transferable interests; (3)
discharging or making provisions for discharging the liabilities of the series; (4) distributing
the remaining property of the series in accordance with Section 10A-5A-11.14; and (5) doing
every other act necessary to wind up and liquidate the series' activities and affairs. (b)
In winding up a series' activities and affairs, a series may: (1) preserve the series' activities
and affairs and property as a going concern for a reasonable time; (2) prosecute, defend,
or settle actions or proceedings whether civil, criminal, or administrative;...
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11-58-13
Section 11-58-13 Authority and procedure for dissolution of corporations; vesting of title
to funds and properties thereof in municipalities or counties upon dissolution; effect of
dissolution of corporation upon other such corporations. (a) Whenever the principal of and
interest on all bonds of a corporation payable from the revenues derived from the operation
of one or more medical clinics owned by the corporation have been paid in full, its board
of directors of the corporation may, by resolution, determine that the purposes for which
the corporation was formed have been substantially complied with, and shall thereupon execute
and file for record in the office of the judge of probate of the county in which the corporation
is organized a certificate of dissolution, reciting those facts and declaring the corporation
to be dissolved. The certificate of dissolution shall be executed under the corporate seal
of the corporation. (b) Upon the filing of the certificate of dissolution, the...
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2-6-127
Section 2-6-127 Dissolution of corporation. When all securities issued by the corporation and
all obligations assumed by it under this article shall have been paid in full, the then president
of the corporation shall execute and deliver in the name of and in behalf of the corporation
an appropriate deed, or deeds, to which the seal of the corporation shall be affixed and attested
by the secretary of the corporation, whereby there shall be conveyed to the state all the
buildings, properties, and other assets then owned by the corporation. The then officers and
directors of the corporation shall at such time file with the Secretary of State a written
statement, subscribed and sworn to by each of them, reciting the payment in full of all bonds
issued by the corporation and the execution and delivery of such deed or deeds to the state,
which statement shall be filed by the Secretary of State and recorded with the certificate
of incorporation of the corporation, whereupon the corporation...
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2-6-86
Section 2-6-86 Dissolution of corporation. When all securities issued by the corporation and
all obligations incurred by it under the provisions of, and within the limitations contained
in this article, shall have been fully paid, then the members of the board of directors of
the corporation may at such time file with the Secretary of State a written statement subscribed
and sworn to by them, reciting payment in full of all securities of the corporation, and all
obligations incurred by it under the provisions of this article, which statement shall then
be recorded by the Secretary of State with the certificate of incorporation of the corporation,
whereupon the corporation shall stand dissolved. (Acts 1984, No. 84-252, p. 405, §17.)...

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22-21A-9
Section 22-21A-9 Withdrawal; dissolution. Any member state may withdraw from this compact by
adopting a law to that effect, but no such withdrawal shall take effect until six months after
the governor of the withdrawing member state has given notice of the withdrawal to the other
member states. A withdrawing state shall be liable for any obligations that it may have incurred
prior to the date on which its withdrawal becomes effective. This compact shall be dissolved
upon the withdrawal of all but one of the member states. (Act 2013-420, p. 1672, §9.)...

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10A-2-14.04
Section 10A-2-14.04 Revocation of dissolution. REPEALED IN THE 2019 REGULAR SESSION BY ACT
2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) A corporation
may revoke its dissolution within 120 days of its effective date. (b) Revocation of dissolution
must be authorized in the same manner as the dissolution was authorized unless that authorization
permitted revocation by action of the board of directors alone, in which event the board of
directors may revoke without shareholder action. (c) After the revocation of dissolution is
authorized, the corporation may revoke the dissolution by delivering to the judge of probate
for filing articles of revocation of dissolution, together with a copy of its articles of
dissolution, that set forth: (1) The name of the corporation; (2) The effective date of the
dissolution that was revoked; (3) The date that the revocation of dissolution was authorized;
(4) If the corporation's board of directors (or incorporators)...
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40-29-30
Section 40-29-30 Legal effect of certificate of sale of personal property and deed of
real property. (a) Certificate of sale of property other than real property. In all cases
of a sale of property (other than real property) pursuant to Section 40-29-26, the certificate
of such sale: (1) AS EVIDENCE. Shall be prima facie evidence of the right of the officer to
make such sale, and conclusive evidence of the regularity of his proceedings in making the
sale; and (2) AS CONVEYANCES. Shall transfer to the purchaser all right, title, and interest
of the party delinquent in and to the property sold; and (3) AS AUTHORITY FOR TRANSFER OF
CORPORATE STOCK. If such property consists of stocks, shall be notice when received, to any
corporation, company, or association of such transfer, and shall be authority to such corporation,
company, or association to record the transfer on its books and records in the same manner
as if the stocks were transferred or assigned by the party holding the same, in...
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