4-3-61
Section 4-3-61 Procedure for dissolution. At any time when no bonds of the authority are outstanding,
the authority may be dissolved upon the filing with the judge of probate in the county in
which is filed the certificate of incorporation of an application for dissolution, which shall
be subscribed by each of the members of the authority and sworn to by each member before an
officer authorized to take acknowledgments to deeds and shall have appended thereto a certified
copy of a resolution of the authorizing subdivision or authorizing subdivisions consenting
to such dissolution. Upon the filing of such application for dissolution, the authority shall
cease to exist. Said probate judge shall receive and record the application for dissolution
in an appropriate book of record in his office. Upon dissolution, all rights, title and interests
of the authority in property shall be vested in the authorizing subdivisions pursuant to the
provisions of the certificate of incorporation or, in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-61.htm - 1K - Match Info - Similar pages

9-14A-22
Section 9-14A-22 Dissolution of corporations. At any time when no bonds of the corporations
are outstanding the corporations may be dissolved upon each filing with the Secretary of State
an application for dissolution, which shall be subscribed by each of the members of the respective
corporations and which shall be sworn to by each such member before an officer authorized
to take acknowledgments to deeds. Upon the filing of said application for dissolution, the
respective corporation shall cease and any property owned by it at the time of its dissolution
shall pass to the State of Alabama. The Secretary of State shall file and record the application
for dissolution in an appropriate book of record in his office, and shall make and issue,
under the Great Seal of the State, a certificate that the respective corporation is dissolved,
and shall record the said certificate with the application for dissolution. (Act 2000-708,
p. 1487, § 22.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-14A-22.htm - 1K - Match Info - Similar pages

10A-3-3.02
Section 10A-3-3.02 Supplemental provisions required in the certificate of formation (a) In
addition to the information required by Section 10A-1-3.05 in a certificate of formation of
a filing entity under this title, the certificate of formation of a nonprofit corporation
formed under this chapter shall set forth: (1) If the nonprofit corporation is to have no
members, a statement to that effect. (2) Any provisions, not inconsistent with law, which
the incorporators elect to set forth in the certificate of formation for the regulation of
the internal affairs of the nonprofit corporation, including any provision for distribution
of assets on dissolution or final liquidation. (3) The number of directors constituting the
initial board of directors, and the names and addresses of the persons who are to serve as
the initial directors. (b) It shall not be necessary to set forth in the certificate of formation
any of the entity powers enumerated in Section 10A-1-2.11 or set forth in this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-3.02.htm - 1K - Match Info - Similar pages

11-59-13
Section 11-59-13 Powers of corporations as to conveyances, etc., of title to facilities. Nothing
contained in this chapter shall be construed to authorize the corporation to lease, sell,
or transfer any of its facilities so as to vest title thereto or the use thereof in private
ownership or control; provided, that any of its facilities may be made subject to a mortgage
or deed of trust as security for its bonds issued pursuant to the provisions of this chapter;
provided further, that any portions of such facilities which may become worn out or obsolete
or shall not be needed for use in the operations of the corporation may be sold or otherwise
disposed of as the board of directors of the corporation may deem advisable. (Acts 1947, No.
231, p. 94, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-59-13.htm - 1K - Match Info - Similar pages

11-92A-22
Section 11-92A-22 Dissolution of authority. (a) At any time when no bonds of an authority are
outstanding, an authority may be dissolved by the adoption by its board of directors of a
resolution recommending its dissolution and the approval of such dissolution and the proposed
articles of dissolution by the governing body of each county within an authority's authorized
operational area by the adoption of a resolution to the effect that the governing body of
such county concurs with the proposed dissolution of the authority. All counties within the
authorized operational area of an authority must approve the articles of dissolution of an
authority, or such articles of dissolution shall be invalid. Such resolution need not be published
or posted and need not be offered for more than one reading. Upon receiving necessary approval
under this section, the chairman and secretary of the dissolved authority shall execute articles
of dissolution reciting that such resolutions have been adopted...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-22.htm - 1K - Match Info - Similar pages

14-6A-9
Section 14-6A-9 Dissolution. At any time when a regional jail authority has no bonds or other
obligations outstanding, its board may by affirmative vote of a majority of its members, and
with the prior approval of the county commission of each county participating in the regional
jail authority, adopt a resolution declaring its intent that the authority shall be dissolved.
Written notice of intent to dissolve shall be immediately delivered to the county commission
of each county participating in the regional jail authority. Dissolution shall not take place
less than 60 days following the written notice. At the expiration of 60 days and upon the
filing for record of a certified copy of the dissolution resolution in the office of the judge
of probate of the county in which the authority's 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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/14-6A-9.htm - 1K - Match Info - Similar pages

16-60-96
Section 16-60-96 Dissolution of authority. At any time when no bonds of the authority are outstanding,
the authority may be dissolved upon the filing with the Secretary of State of an application
for dissolution, which shall be subscribed by each of the members of the authority and sworn
to by each member before an officer authorized to take acknowledgments to deeds. Upon the
filing of such application for dissolution, the authority shall cease to exist. The Secretary
of State shall file and record the application for dissolution, in an appropriate book of
record in his office, and shall make and issue, under the Great Seal of the State, a certificate
that the authority is dissolved and shall record such certificate with the application for
dissolution. Title to all property held in the name of the authority shall be vested in the
state upon dissolution of the authority. (Acts 1963, 2nd Ex. Sess., No. 93, p. 259, §16.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-60-96.htm - 1K - Match Info - Similar pages

37-13-21
Section 37-13-21 Dissolution of authority. At any time when no bonds of an authority are outstanding,
such authority may be dissolved upon the filing, with the judge of probate of the county in
which is filed the certificate of incorporation, of an application for dissolution, which
shall be subscribed by each director and sworn to by each director before an officer authorized
to take acknowledgments to deeds. Upon the filing of such application for dissolution, the
authority shall cease to exist. Said probate judge shall receive and record the application
for dissolution in an appropriate book of record in his office. Upon dissolution, all rights,
title and interests of the authority in property shall be vested in the authorizing subdivisions
pursuant to the provisions of the certificate of incorporation, or, in the absence of such
provisions, shall be vested in the authorizing subdivisions in the same proportion as their
contributions to the authority over the life thereof. (Acts...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/37-13-21.htm - 1K - Match Info - Similar pages

4-3-22
Section 4-3-22 Procedure for dissolution of authority. At any time when no bonds of the authority
are outstanding, the authority may be dissolved upon the filing with the judge of probate
in the county in which is filed the certificate of incorporation of an application for dissolution,
which shall be subscribed by each of the members of the authority and sworn to by each member
before an officer authorized to take acknowledgments to deeds. Upon the filing of such application
for dissolution, the authority shall cease to exist. Said probate judge shall receive and
record the application for dissolution in an appropriate book of record in his office. Upon
dissolution, all rights, title and interests of the authority in property shall be vested
in the authorizing subdivisions pursuant to the provisions of the certificate of incorporation
or, in the absence of such provisions, shall be vested in the authorizing subdivisions, share
and share alike. (Acts 1963, No. 265, p. 696, §21.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-22.htm - 1K - Match Info - Similar pages

45-37A-56.44
Section 45-37A-56.44 Dissolution of authority. At any time when no bonds of the authority are
outstanding, the authority may be dissolved upon the filing with the judge of probate, in
the county in which is filed the certificate of incorporation, of an application for dissolution,
which shall be subscribed by each of the members of the board and sworn to by each member
before an officer authorized to take acknowledgments to deeds. Upon the filing of such application
for dissolution, the authority shall cease to exist. The judge of probate shall receive and
record the application for dissolution in an appropriate book of record in his or her office.
Upon dissolution, all rights, title, and interest of the authority in property shall be vested
in the city. (Acts 1971, No. 2079, p. 3335, §25.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-56.44.htm - 1K - Match Info - Similar pages