Code of Alabama

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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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11-47-219
Section 11-47-219 Authority and procedure for dissolution of authorities; vesting of title,
etc., to properties thereof upon dissolution. 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 resolution in the office of the judge of probate 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, subject to any constitutional provision or inhibitions to the contrary,
thereupon vest in one or more counties or municipalities in the manner and interests as may
be provided in the certificate of incorporation. Notwithstanding the foregoing, if the certificate
of incorporation contains no provision respecting the vesting of title...
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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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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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11-49A-19
Section 11-49A-19 Dissolution of authority; apportionment of property. At any time when the
authority has no bonds or other obligations 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 said resolution in the office of the
judge of probate of the county in which the authorizing municipality is located, 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, and be divided and apportioned
as follows: Title to real estate shall vest in the county or municipality, as the case may
be, in which the said real estate is located, and the title to tangible personal property
(including cash on hand and in banks), accounts receivable, choses in action, and other intangible
property (other than tangible interest in land) shall vest in the...
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45-49A-64.19
Section 45-49A-64.19 Dissolution of authority and vesting of property. At any time when the
authority has no bonds or other obligations 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 authorizing municipality is located, the authority shall
thereupon stand dissolved and in the event it owned any property at the time of its dissolution,
the title to all is properties shall thereupon pass to, and be divided and apportioned as
follows: Title to real estate shall vest in the county or municipality, as the case may be,
in which the real estate is located, and the title to tangible personal property (including
cash on hand and in banks), accounts receivable, choses in action, and other intangible property
(other than intangible interest in land) shall vest in the...
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11-60-15
Section 11-60-15 Authority and procedure for dissolution of corporations; vesting of title
to funds and properties thereof in municipalities 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...
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11-54-94
Section 11-54-94 Authority and procedure for dissolution of boards; vesting of title to funds
and properties thereof in municipalities upon dissolution. Whenever the board of directors
of the industrial development board shall by resolution determine that the purposes for which
the board was formed have been substantially complied with and all bonds theretofore issued
and all obligations theretofore incurred by the board have been fully paid, the members of
the board of directors of the board shall thereupon execute and file for record in the office
of the judge of probate of the county in which the board is organized a certificate of dissolution
reciting such facts and declaring the board to be dissolved. Such certificate of dissolution
shall be executed under the corporate seal of the board. Upon the filing of such certificate
of dissolution, the board shall stand dissolved, the title to all funds and properties owned
by it at the time of such dissolution shall vest in the...
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11-94-18
Section 11-94-18 Dissolution of authority; vesting of title to funds and property of authority.
Whenever the board of any authority shall by resolution determine that the purposes for which
the authority was formed have been substantially complied with and any bonds theretofore issued
and all obligations theretofore incurred by the authority have been paid, the authority shall
thereupon execute and file for record in the office of the judge of probate of the county
in which its certificate of incorporation was filed a certificate of dissolution reciting
such facts and declaring the authority to be dissolved. Such certificate of dissolution shall
be signed by the president or vice president of the authority under its corporate seal. Upon
the filing of such certificate of dissolution the authority shall stand dissolved, the title
to all funds and properties owned by it at the time of such dissolution shall vest in equal
shares in its authorizing subdivisions and the possession of such...
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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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