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11-56-20
Section 11-56-20 Authority and procedure for dissolution of corporations; vesting of
title to properties thereof in municipalities upon dissolution; formation of corporations
not to prevent subsequent formation of other corporations by same municipalities. (a) At any
time when the corporation does not have any bonds outstanding, the board may adopt a resolution
which shall be duly entered upon its minutes declaring that the corporation 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, the corporation 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 municipality. In the event the corporation shall at any time have outstanding
bonds issued under this chapter payable out of the revenues from different projects, then
as and when the principal of and the interest on all bonds payable in...
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11-32-6
Section 11-32-6 Board of directors. (a) Each authority shall be governed by a board.
All powers of the authority shall be exercised by or under the authority of, and the business
and affairs of the authority shall be managed under the direction of, the board or pursuant
to its authorization. In making appointments to the board, best efforts should be used to
reflect the racial, gender, and economic diversity within the county. (b) The board shall
consist of nine directors. One director shall be elected by the governing body of the authorizing
county. Five of the directors shall be elected by the governing body of the principal municipality.
One of the directors shall be elected by the governing bodies of each of the three participating
municipalities having the largest population according to the last or any subsequent federal
decennial census. If there are not three participating municipalities, the governing body
of the authorizing county and the governing body of the principal...
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11-32-20
Section 11-32-20 Dissolution of transit authority. The authority shall be a nonprofit
corporation, and no part of its net earnings remaining after payment of its expenses shall
inure to the benefit of any individual, firm, or corporation except as provided in this section.
At any time when the authority has no bonds or outstanding obligations, 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 authorizing county, the authority shall be dissolved and in
the event it owned any property at the time of its dissolution, the title to its properties
shall pass to, and vest equally in, the principal municipality and the authorizing county,
as tenants in common. (Act 2013-380, p. 1389, ยง20.)...
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11-101A-4
Section 11-101A-4 Incorporation of authority. (a) Within 60 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 complying in form and substance with this action,
being in the form and executed in the manner herein provided and being in the form approved
by the governing body of each authorizing subdivision. (b) In addition to any other provisions
required by this chapter 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 that each of them is a duly qualified elector of the authorizing subdivision,
or, if there is more than one, at least one thereof. (2) The name 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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11-32-2
Section 11-32-2 Definitions. As used in this chapter, the following words and phrases
shall mean the following unless the context clearly indicates otherwise: (1) AD VALOREM TAX.
Those real and personal property ad valorem taxes collected by the county tax collector, the
director of revenue of the county, or revenue commissioner, if any, for the county, but shall
exclude all ad valorem taxes collected for the State of Alabama and all boards of education,
municipalities, fire districts, or other entities located in the county. (2) APPLICANT. A
natural person who files a written application with the governing body of any county to which
this chapter applies and with a municipality in the county, all in accordance with Section
11-32-3. (3) AUTHORITY. The public corporation organized pursuant to this chapter, which shall
be an agency of the state but shall not be a political subdivision of the state. (4) AUTHORIZING
COUNTY. Any county the governing body of which shall have adopted an...
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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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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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4-3-47
Section 4-3-47 Powers of authority generally. The authority shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time (which
may be in perpetuity) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil actions, excepting actions in tort against the authority; (3) To
adopt and make use of a corporate seal and to alter the same at pleasure; (4) To adopt and
alter bylaws for the regulation and conduct of its affairs and business; (5) To acquire, receive,
take and hold, whether by purchase, option to purchase, gift, lease, devise or otherwise,
property of every description, whether real, personal or mixed, whether in one or more counties
and whether within or without the corporate limits of any authorizing subdivision, and to
manage said property and to develop any property and to sell, exchange, lease or...
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41-9-682
Section 41-9-682 Function and powers generally. (a) It shall be the function and main
purpose of the board to honor those, living or dead, who, by achievement or service, have
made outstanding and lasting contributions to music in Alabama or elsewhere. The board may
adopt such rules, regulations and bylaws as may be needed to carry out its functions. Also,
it may conduct surveys and polls and may appoint such committees and representatives as it
may determine necessary or desirable. The board may acquire, construct, install, equip, lease,
manage and operate buildings and other facilities consisting of any one or more of the following
to be located in Colbert County, Alabama: (i) a music hall of fame and exhibition facility
for the display of busts, statues, plaques, books, papers, computerized figures, memorabilia,
records, films, audio tapes, video tapes, compact disks, recordings, pictures and other exhibits
relating to music and musicians, (ii) a library, research and educational...
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