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41-10-284
Section 41-10-284 Dissolution of authority. At any time when the bonds and other obligations
of the authority have been paid in full, the authority may be dissolved upon the filing with
the Secretary of State of a written statement for dissolution, reciting payment in full of
all bonds and other obligations of the authority, which statement shall be subscribed by each
of the members of the authority and which shall be sworn to by each such member before an
officer authorized to take acknowledgments to deeds. Upon the filing of said written statement
for dissolution, the authority shall cease and any property owned by it at the time of its
dissolution shall pass to the state. The Secretary of State shall file and record the written
statement 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 authority is dissolved, and
shall record the said certificate with the written statement for...
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9-14A-22
Section 9-14A-22 Dissolution of corporations. At any time when no bonds of the corporations
are outstanding the corporations may be dissolved upon each filing with the Secretary of State
an application for dissolution, which shall be subscribed by each of the members of the respective
corporations 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
respective 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 respective corporation is dissolved,
and shall record the said certificate with the application for dissolution. (Act 2000-708,
p. 1487, § 22.)...
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10A-2-14.01
Section 10A-2-14.01 Dissolution by incorporators or initial directors REPEALED IN THE 2019
REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE
SUPPLEMENT. A majority of the incorporators or initial directors of a corporation that has
not issued shares or has not commenced business may dissolve the corporation by delivering
for filing to the judge of probate articles of dissolution that set forth: (1) The name of
the corporation; (2) The date of its incorporation; (3) Either (i) that none of the corporation's
shares has been issued or (ii) that the corporation has not commenced business; (4) That no
debt of the corporation remains unpaid; (5) That the net assets of the corporation remaining
after winding up have been distributed to the shareholders, if shares were issued; and (6)
That a majority of the incorporators or initial directors authorized the dissolution. (Acts
1994, No. 94-245, p. 343, §1; §10-2B-14.01; amended and renumbered by Act...
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11-92A-22
Section 11-92A-22 Dissolution of authority. (a) At any time when no bonds of an authority are
outstanding, an authority may be dissolved by the adoption by its board of directors of a
resolution recommending its dissolution and the approval of such dissolution and the proposed
articles of dissolution by the governing body of each county within an authority's authorized
operational area by the adoption of a resolution to the effect that the governing body of
such county concurs with the proposed dissolution of the authority. All counties within the
authorized operational area of an authority must approve the articles of dissolution of an
authority, or such articles of dissolution shall be invalid. Such resolution need not be published
or posted and need not be offered for more than one reading. Upon receiving necessary approval
under this section, the chairman and secretary of the dissolved authority shall execute articles
of dissolution reciting that such resolutions have been adopted...
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23-1-160
Section 23-1-160 Dissolution. At any time when no securities of any kind of the corporation,
whether issued under this article or under authorization contained in any other statutes,
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 1955, 1st Ex....
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23-1-318
Section 23-1-318 Dissolution. At any time when no securities of any kind of the authority,
whether issued under this article or under authorization contained in any other act, are outstanding,
the authority 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 authority 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 authority 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 authority is dissolved and shall record the said certificate with the
application for dissolution. (Acts 1976, No. 565, p. 764, §19.)...
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41-10-32
Section 41-10-32 Dissolution of authority; title to property of authority to vest in state
upon dissolution of authority. At any time when no bonds of the authority are outstanding,
the authority 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 authority and sworn
to by each such member before an officer authorized to take acknowledgments to deeds. Upon
the filing of such application for dissolution, the authority shall cease to exist. 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 authority is dissolved and shall record such certificate with the application for dissolution.
Title to all property held in the name of the authority shall be vested in the state upon
dissolution of the authority. (Acts 1965, No. 662, p. 1187,...
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41-10-369
Section 41-10-369 Dissolution of authority; disposition of property upon dissolution of authority.
At any time when the bonds and other obligations of the authority have been paid in full,
the authority may be dissolved upon the filing with the Secretary of State of a written statement
for dissolution, reciting payment in full of all bonds and other obligations of the authority
and which shall be sworn to by each such member before an officer authorized to take acknowledgments
to deeds. Upon the filing of said written statement for dissolution, the authority shall cease
and any property owned by it at the time of its dissolution shall pass to the state. The Secretary
of State shall file and record the written statement 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 authority is dissolved, and shall record the said certificate with the written statement
for dissolution. (Acts 1988, No....
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41-10-556
Section 41-10-556 Dissolution of authority. At any time when no authority obligations are outstanding
and the authority has no outstanding obligation with respect to payment of training facility
management fees, the authority may be dissolved upon the filing with the Secretary of State
of an application for dissolution, which shall be subscribed by each of the directors of the
authority and sworn to by each director before an officer authorized to take acknowledgments
to deeds. Upon the filing of the application for dissolution, the authority shall cease to
exist. The Secretary of State shall file and record the application for dissolution in an
appropriate book of record in his or her office, and shall make and issue, under the Great
Seal of the State, a certificate that the authority is dissolved, and shall record the certificate
with the application for dissolution. Title to all property held in the name of the authority
shall be vested in the state upon dissolution of the...
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45-49-90.12
Section 45-49-90.12 Dissolution of corporation. (a) Whenever the board of directors of the
corporation shall by resolution determine that the purposes for which the corporation was
formed have been substantially complied with and all bonds theretofore issued and all obligations
theretofore incurred by the corporation have been fully paid, the then members of the board
of directors of the corporation shall thereupon execute and file for record in the office
of the Judge of Probate of Mobile County a certificate of dissolution reciting such facts
and declaring the corporation to be dissolved. Such certificate of dissolution shall be executed
under the corporate seal of the corporation. (b) Upon the filing of such certificate of dissolution,
the corporation shall stand dissolved, the title to all funds and properties owned by it at
the time of such dissolution shall be disposed of or distributed in accordance with the articles
of incorporation. (Act 88-626, p. 976, § 13.)...
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