Code of Alabama

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22-21-339
Section 22-21-339 Dissolution of authority. At any time when the authority does not
have any securities outstanding, and when there shall be no other obligations assumed by the
authority that are then outstanding, the board may adopt a resolution, which shall be duly
entered upon its minutes, declaring that the authority shall be dissolved. Upon the filing
for record of a certified copy of said resolution in the office of the judge of probate in
which the certificate of incorporation of the authority was filed, the authority shall thereupon
stand dissolved, and in the event that it owned any assets or property at the time of its
dissolution, the title to all its assets and property shall, subject to any constitutional
provision or inhibition to the contrary, thereupon vest in one or more counties, municipalities,
or educational institutions in such manner and interests as may be provided in the said certificate
of incorporation; provided however, that if the said certificate of...
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11-101A-24
Section 11-101A-24 Dissolution. At any time when the authority does not have any securities
outstanding, and when there shall be no other obligations assumed by the authority that are
then outstanding, the board may adopt a resolution, which shall be duly entered upon its minutes,
declaring that the authority shall be dissolved. Upon the filing for record of a certified
copy of the resolution in the office of the judge of probate of the county in which the certificate
of incorporation of the authority was filed, the authority shall thereupon stand dissolved.
In the event that the authority owned any assets or property at the time of its dissolution,
the title to all its assets and property shall, subject to any constitutional provision to
the contrary, vest in one or more counties or municipalities in such manner and interests
as may be provided in the certificate of incorporation. If the certificate of incorporation
contains no provision respecting the vesting of title to the assets...
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11-89-17
Section 11-89-17 Authorization and procedure for dissolution of district; vesting of
title to properties of district and apportionment thereof upon dissolution of district. At
any time when the district has no bonds or other obligations outstanding, the board may adopt
a resolution, which shall be duly entered upon its minutes, declaring that the district shall
be dissolved. Upon the filing for record of a certified copy of the said resolution in the
office of the judge of probate of the county in which the district's certificate of incorporation
was filed the district shall thereupon stand dissolved and, in the event it owned any property
at the time of its dissolution, the title to all its property shall thereupon pass to and
be divided and apportioned among the counties and municipalities in which any part of the
service area may be located, or, if it is a supply district, among its authorizing subdivisions,
all in such manner and to such extent as may be provided in the district's...
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15-18-179
Section 15-18-179 Application for incorporation; certificate of incorporation; amendment;
board of directors; dissolution; funding; competitive bidding laws not applicable. (a) A public
corporation may be organized as a community punishment and corrections authority pursuant
to this article in any county or group of counties located in one or more judicial circuits.
In order to incorporate the public corporation, any number of natural persons, not less than
three, who are duly qualified electors of a proposed county or counties shall first file a
written application with the county commission or any two or more thereof. The application
shall contain all of the following: (1) The names of each county commission with which the
application is filed. (2) A statement that the applicants propose to incorporate an authority
pursuant to this article. (3) The proposed location of the principal office of the authority.
(4) A statement that each of the applicants is a duly qualified elector of...
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22-21-314
Section 22-21-314 Certificate of incorporation - Filing; form and contents; recordation.
(a) Within 40 days following the adoption of the authorizing resolution (or, if there is more
than one, the last adopted thereof), the applicants shall proceed to incorporate an authority
by filing for record, in the office of the judge of probate of the county in which the principal
office of the authority is to be located, a certificate of incorporation which shall comply
in form and substance with the requirements of this section, shall be in the form and
executed in the manner herein provided and shall also be in the form theretofore approved
by the governing body of each authorizing subdivision. (b) In addition to any other provisions
required by this article to be included therein, the certificate of incorporation of an authority
shall state: (1) The names of the incorporators, together with the address of the residence
of each thereof, and either a. where the authorizing subdivision is a...
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11-89A-4
Section 11-89A-4 Incorporation procedure; contents, execution, and filing of certificate
of incorporation; notice to Secretary of State. (a) Within 40 days following the adoption
of an authorizing resolution (or, if there is more than one, the last adopted thereof), the
applicants shall proceed to incorporate an authority by filing for record in the office of
the judge of probate of the county in which the principal office of the authority is to be
located a certificate of incorporation which shall comply in form and substance with the requirements
of this section and which shall be in the form and executed in the manner provided
in this chapter and shall also be in the form theretofore approved by the governing body of
each determining subdivision. (b) The certificate of incorporation of the authority shall
state: (1) The names of the persons forming the authority, and that each of them is a duly
qualified elector of the determining subdivision (or, if there is more than one, at least...

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11-59-14
Section 11-59-14 Authority and procedure for dissolution of corporations; vesting of
title to facilities thereof in municipalities upon dissolution. When the principal of and
interest on all bonds issued by the corporation shall have been paid, the title to all facilities
then owned by the corporation shall thereupon vest in the municipality with respect to which
the corporation shall have been organized, and all rights and powers of the corporation with
respect to said facilities shall thereupon terminate and the corporation shall thereupon stand
dissolved. 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 the county in which the certificate
of incorporation of the corporation was filed an appropriate certificate reciting the payment
of the principal of and interest on the bonds of the corporation, which certificate shall
also describe the facilities owned by the corporation at the time of...
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16-17-19
Section 16-17-19 Dissolution of authority and vesting of title to its properties. At
any time when the authority does not have any bonds outstanding and when there shall be no
obligations assumed by the authority that are then outstanding, the board may adopt a resolution,
which shall be duly entered upon its minutes, declaring that the authority shall be dissolved.
Upon the filing for record of a certified copy of said resolution in the office of the judge
of probate of the county in which the authority's original certificate of incorporation was
filed, the authority shall thereupon stand dissolved, and in the event it owned any property
at the time of its dissolution, the title to all its property shall thereupon vest in the
determining municipality. In the event the authority shall at any time have outstanding bonds
issued hereunder payable out of the revenues from various ancillary improvements, then, as
and when the principal of and the interest on all bonds payable, in whole or...
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16-18-21
Section 16-18-21 Dissolution of authority and vesting of title to its properties. At
any time when the authority does not have any bonds outstanding and when there shall be no
obligations assumed by the authority that are then outstanding, the board may adopt a resolution,
which shall be duly entered upon its minutes, declaring that the authority shall be dissolved.
Upon the filing for record of a certified copy of said resolution in the office of the judge
of probate of the county in which the authority's original certificate of incorporation was
filed, the authority shall thereupon stand dissolved, and in the event it owned any property
at the time of its dissolution the title to all its property shall thereupon vest in the determining
municipality. In the event the authority shall at any time have outstanding bonds issued hereunder
payable out of the revenues from various ancillary improvements, then, as and when the principal
of and the interest on all bonds payable, in whole or in...
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11-54-189
Section 11-54-189 Dissolution of authority and vesting of title to property in authorizing
municipality. At any time when an authority has no bonds or other obligations outstanding,
its board may adopt a resolution, which shall be duly entered upon its minutes, declaring
that the authority shall be dissolved. Upon filing for record of a certified copy of the said
resolution in the office of the judge of probate of the county with which the authority's
certificate of incorporation is filed, the authority shall thereupon stand dissolved and in
the event it owned any property at the time of its dissolution, the title to all its properties
shall thereupon pass to the authorizing municipality. (Acts 1980, No. 80-648, p. 1235, ยง20.)...

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