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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, ยง 13.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-90.12.htm - 1K - Match Info - Similar pages
10A-2A-1.47
Section 10A-2A-1.47 Ratification of defective corporate actions. (a) To ratify a defective
corporate action under this section (other than the ratification of an election of
the initial board of directors under subsection (b)), the board of directors shall take action
ratifying the action in accordance with Section 10A-2A-1.48, stating: (1) the defective
corporate action to be ratified and, if the defective corporate action involved the issuance
of putative stock, the number and type of shares of putative stock purportedly issued; (2)
the date of the defective corporate action; (3) the nature of the failure of authorization
with respect to the defective corporate action to be ratified; and (4) that the board of directors
approves the ratification of the defective corporate action. (b) In the event that a defective
corporate action to be ratified relates to the election of the initial board of directors
of the corporation under Section 10A-2A-2.04(a)(2), a majority of the persons who,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2A-1.47.htm - 2K - Match Info - Similar pages
11-20-45
Section 11-20-45 Authority and procedure for dissolution of corporations; disposition
of funds and properties thereof upon dissolution. 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 the county in which the corporation is organized 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. 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 vest in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-20-45.htm - 1K - Match Info - Similar pages
23-2-147
Section 23-2-147 Bonds; issuance; forms; procedures, etc. (a) The authority is hereby
authorized to provide by resolution for the issuance of bonds of the authority for any of
its corporate purposes, including the refunding of its bonds. The principal of and the interest
on any issue of such bonds shall be payable solely from, and be secured by a pledge of, tolls
and other revenues of all or any part of the toll road, bridge, or tunnel project financed
in whole or in part with the proceeds of such issue or with the proceeds of bonds refunded
or to be refunded by such issue. The proceeds of any such bonds may be used or pledged for
the payment or security of the principal or of the interest on bonds, and for the establishment
of any or all reserves for such payment or security, or for other corporate purposes as the
authority may authorize in the resolution authorizing the issuance of bonds or in the trust
agreement securing the same. (b) The bonds of each issue shall be dated; shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-2-147.htm - 5K - Match Info - Similar pages
10A-2-14.21
Section 10A-2-14.21 Procedure for and effect of administrative dissolution. REPEALED
IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT
CODE SUPPLEMENT. (a) If the Secretary of State determines that one or more grounds exist under
Section 10A-2-14.20 for dissolving a corporation, he or she shall serve the corporation
with written notice of his or her determination under Section 10A-1-5.31(b), 10A-1-5.35,
or 10A-1-5.36. (b) If the corporation does not correct each ground for dissolution or demonstrate
to the reasonable satisfaction of the Secretary of State that each ground determined by the
Secretary of State does not exist within 60 days after service of the notice is perfected
under Section 10A-1-5.31(b), 10A-1-5.35, or 10A-1-5.36, the Secretary of State shall
administratively dissolve the corporation by signing a certificate of dissolution that recites
the ground or grounds for dissolution and its effective date. The Secretary of State...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-2-14.21.htm - 2K - Match Info - Similar pages
11-50-171
Section 11-50-171 Publication of notice of adoption of resolution authorizing transfer,
certain terms thereof, etc.; limitation period for action to restrain proposed transfer, etc.
(a) After the adoption of proceedings providing for the transfer and conveyance of any water
system or systems, the public corporation and municipality or municipalities proposing to
make such transfer and conveyance shall cause to be published once a week for two successive
weeks in a newspaper having general circulation within the limits of such municipality or
municipalities a notice in substantially the following form (the blanks being first properly
filled in) with the names of the public corporation and the municipality or municipalities
appended thereto: "A resolution has been adopted by the board of directors of the _____
(herein insert the name of the public corporation proposing to make the transfer) and a resolution
(or resolutions) has (or have) been adopted by the governing body (or bodies) of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-171.htm - 4K - Match Info - Similar pages
11-56-5
Section 11-56-5 Certificate of incorporation - Execution, acknowledgment, filing, and
recordation. The certificate of incorporation shall be signed and acknowledged by the incorporators
before an officer authorized by the laws of the state to take acknowledgments of deeds and
shall have attached thereto a certified copy of the resolution provided for in Section
11-56-4 and a certificate by the Secretary of State that the name proposed for the corporation
is not identical with that of any other corporation in the state or so nearly similar thereto
as to lead to confusion and uncertainty. The certificate of incorporation, together with the
documents required by the preceding sentence to be attached thereto, shall be filed in the
office of the judge of probate of any county in which any portion of the municipality is located,
who shall forthwith receive and record the same. When such certificate of incorporation and
attached documents have been so filed, the corporation referred to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-56-5.htm - 1K - Match Info - Similar pages
11-99B-5
Section 11-99B-5 Authorization and procedure for amendment of certificate of incorporation.
(a) The certificate of incorporation of any district may at any time and from time to time
be amended in the manner provided in this section. (b)(1) The board shall first adopt
a resolution proposing an amendment to the certificate of incorporation which shall be set
forth in full in the said resolution and which amendment may include, without limitation:
a. A change in the name of the district. b. The addition to the project or projects of the
district of a new project or projects and the proposed location thereof. c. Any matters which
might have been included in the original certificate of incorporation, or any change in any
such matters. (2) If any proposed amendment would add any new county, municipality, or public
corporation as a member of a district, such proposed amendment shall include, in addition:
a. Provisions for election of at least one director by the governing body of each such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-5.htm - 4K - Match Info - Similar pages
45-28-21.01
Section 45-28-21.01 Regulation of sale and distribution of alcoholic beverages on Sunday
- Unincorporated areas. (a) The voters in the unincorporated area of Etowah County may authorize
the sale of alcoholic beverages within the unincorporated area of the county on Sunday by
an election pursuant to this section, in the following manner: The county commission,
by resolution, may call an election to determine the sentiment of the voters residing outside
the corporate limits of any municipalities within the county, as to whether alcoholic beverages
may be legally sold or distributed on Sunday in the unincorporated area of the county as further
provided for and regulated by ordinance of the county commission. (b) On the ballot to be
used for the election, the question shall be in the following form: "Do you favor the
legal sale and distribution of alcoholic beverages outside the corporate limits of any municipalities
within the county on Sunday as further provided for and regulated by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-28-21.01.htm - 3K - Match Info - Similar pages
41-10-85
Section 41-10-85 Execution of certificate of incorporation; filing of certificate of
incorporation, resolution of governing body, etc., with probate judge and recordation thereof
by probate judge. (a) The certificate of incorporation shall be signed and acknowledged by
the incorporators before an officer authorized by the laws of the state to take acknowledgments
of deeds and shall have attached thereto a certified copy of the resolution provided for in
Section 41-10-84 and a certificate by the Secretary of State of the state that the
name proposed by the corporation is not identical with that of any other corporation in the
state or so nearly similar thereto as to lead to confusion or uncertainty. (b) The certificate
of incorporation, together with the documents required by Section 41-10-84 to be attached
thereto, shall be filed in the office of the judge of probate of the county, who shall forthwith
receive and record the same. (c) When such certificate of incorporation and attached...
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