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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11-47-219
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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11-50-392
Section 11-50-392 Contents, acknowledgment, filing, and recordation of certificate of incorporation;
procedure for amendment thereof; dissolution of district and disposition of systems, etc.,
upon payment of indebtedness of district in full. (a) The certificate of incorporation of
any gas district incorporated under this article shall state: (1) The name of the corporation,
which shall be a name indicating in a general way the area or municipalities proposed to be
served by the district (e.g., "The South Alabama Gas District" or "The _____
County Gas District" or "The _____, _____, and _____ (naming the municipalities
which are members thereof) Gas District"); (2) The names of all the municipalities which
are to be members of the district; (3) The location of the principal office of the district
and its post office address; (4) The period for the duration of the corporation (if the duration
is to be perpetual, this fact should be stated); and (5) The objects for which the district
is...
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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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11-60-6
Section 11-60-6 Certificate of incorporation - Amendment. If any corporation formed under this
chapter has accidentally or inadvertently failed to comply with the requirements of this chapter
in its organization, such omission or defect may be corrected by filing an amendment as provided
in this section. The certificate of incorporation of any corporation formed under this chapter
may also at any time and from time to time be amended so as to make any changes therein and
add any provisions thereto which might have been included in the certificate of incorporation
in the first instance. Any amendment shall be effected in the following manner: The members
of the board of directors of the corporation shall file with the governing body of the municipality
an application in writing seeking permission to amend the certificate of incorporation, specifying
in such application the amendment proposed to be made. Such governing body shall consider
such application and, if it shall by appropriate...
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11-89A-21
Section 11-89A-21 Dissolution of authority; vesting of title to authority's property. 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 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
prohibition or inhibitions to the contrary, thereupon vest in one or more counties or municipalities
in such manner and interests as may be provided in the said certificate of incorporation;
provided, however, that if said certificate of incorporation contains no provision respecting
the vesting of title to the properties of the authority, title to...
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16-17-4
Section 16-17-4 Amendments to certificate of incorporation. (a) The certificate of incorporation
of any authority incorporated under the provisions of this chapter may at any time and from
time to time be amended in the manner provided in this section. (b) The board of directors
of the authority shall first adopt a resolution proposing an amendment to the certificate
of incorporation, which amendment shall be set forth in full in the said resolution and may
include any matters which might have been included in the original certificate of incorporation
or which could be included in the certificate of incorporation of an authority organized on
the date of the adoption of the said resolution proposing the amendment. (c) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation of
the authority, the board shall file a written application with the governing body of the determining
municipality. Such application shall: (1) State that it is...
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16-18-4
Section 16-18-4 Amendments to certificate of incorporation. (a) The certificate of incorporation
of any authority incorporated under the provisions of this chapter may at any time and from
time to time be amended in the manner provided in this section. (b) The board of directors
of the authority shall first adopt a resolution proposing an amendment to the certificate
of incorporation, which amendment shall be set forth in full in the said resolution and may
include any matters which might have been included in the original certificate of incorporation
or which could be included in the certificate of incorporation of an authority organized on
the date of the adoption of the said resolution proposing the amendment. (c) After the adoption
by the board of a resolution proposing an amendment to the certificate of incorporation of
the authority, the board shall file a written application with the governing body of the determining
municipality. Such application shall: (1) State that it is...
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45-24-90
Section 45-24-90 Selma and Dallas County Economic Development Authority. (a) In Dallas County,
there is created the Selma and Dallas County Economic Development Authority. The authority
is created for the purpose and has the responsibility of aiding and assisting current industries
and coordinating efforts of all municipal and county agencies of Dallas County, Alabama, as
well as aiding organizations in the development of new industries which will provide job opportunities
for the citizens of the City of Selma and Dallas County, Alabama. (b)(l) The authority shall
be governed by a board of directors consisting of five members. Three of the five members
shall be appointed by the Mayor of the City of Selma and the Judge of Probate of Dallas County.
One member shall be appointed by the Craig Field Airport and Industrial Authority and one
member shall be appointed by the Selma and Dallas County Chamber of Commerce. There shall
be racial minority representation on the board. Subsequently,...
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11-50-170
Section 11-50-170 Authorized; terms; adoption of resolutions authorizing transfer. (a) Every
public corporation heretofore or hereafter organized or created in this state pursuant to
authorization or determination by a municipality or its governing body, which public corporation
now or hereafter owns a water system or systems, and any municipality in this state in which
any part of such water system or systems is situated are each hereby authorized, without the
necessity of an election of qualified voters of any such municipality or of any other approval
or proceeding other than those specifically prescribed in this article, to transfer and convey
such system or systems and all right, title, and interest therein, including, without limitation,
all reversionary, residuary, or remainder rights provided by law to any other public corporation,
the certificate of incorporation of which was filed in the office of the probate judge of
the same county in which was filed the certificate of...
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