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...
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11-22-16
Section 11-22-16 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 the county, and possession of such funds and properties
shall forthwith be delivered to such county. (Acts...
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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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45-25-250.13
Section 45-25-250.13 Dissolution of authority. At any time when no bonds or obligations theretofore
assumed by the authority are 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, 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 among DeKalb County and any other county or counties in which any
part of the service area may be located, all in such manner and to such extent as may be provided
in the authority's certificate of incorporation, as amended; provided, however, that in the
absence of a contrary provision in the certificate of incorporation, as amended, title to
real estate and tangible personal property, other than cash,...
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45-29-140.14
Section 45-29-140.14 Dissolution of authority. At any time when no bonds or obligations theretofore
assumed by the authority are 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, 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 among Fayette County and any other county or counties in which
any part of the service area may be located, all in such manner and to such extent as may
be provided in the authority's certificate of incorporation, as amended; provided, however,
that in the absence of a contrary provision in the certificate of incorporation, as amended,
title to real estate and tangible personal property, other than...
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45-30-250.14
Section 45-30-250.14 Dissolution of authority. At any time when no bonds or obligations previously
assumed by the authority are 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, 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 pass to and be divided
and apportioned on a pro rata basis among Franklin County and any other county or counties
in which any part of the service area may be located, all in the manner and to the extent
provided in the authority's certificate of incorporation, as amended. In the absence of a
contrary provision in the certificate of incorporation, as amended, title to real estate and
tangible personal property, other than cash, shall vest in the county...
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45-36-252.13
Section 45-36-252.13 Dissolution of authority. At any time when no bonds or obligations theretofore
assumed by the authority are 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, 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 among Jackson County and any other county or counties in which
any part of the service area may be located, all in such manner and to such extent as may
be provided in the authority's certificate of incorporation, as amended; provided, however,
that in the absence of a contrary provision in the certificate of incorporation, as amended,
title to real estate and tangible personal property, other than...
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45-38-141.14
Section 45-38-141.14 Dissolution of authority. At any time when no bonds or obligations theretofore
assumed by the authority are 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, 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 among Lamar County and any other county or counties in which any
part of the service area may be located, all in such manner and to such extent as may be provided
in the authority's certificate of incorporation, as amended. In the absence of a contrary
provision in the certificate of incorporation, as amended, title to real estate and tangible
personal property, other than cash, shall vest in the county...
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45-47-250.14
Section 45-47-250.14 Dissolution of authority. At any time when no bonds or obligations theretofore
assumed by the authority are 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, the authority shall thereupon stand dissolved and, in the event the authority
owned any property at the time of its dissolution, the title to all its properties shall thereupon
pass to and be divided and apportioned among Marion County and any other county or counties
in which any part of the service area may be located, all in such manner and to such extent
as may be provided in the authority's certificate of incorporation, as amended; provided,
however, that in the absence of a contrary provision in the certificate of incorporation,
as amended, title to real estate and tangible personal property, other...
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