Code of Alabama

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10A-3-7.18
Section 10A-3-7.18 Survival of remedy after dissolution. The dissolution of a nonprofit corporation
either (1) by the filing of the articles of dissolution by the Secretary of State, or (2)
by an order of court when the court has not liquidated the assets and affairs of the corporation
as provided in this chapter, or (3) by operation of law, or (4) by expiration of its period
of duration, shall not take away or impair any remedy available to or against the nonprofit
corporation, its directors, officers, or members, for any right or claim existing, or any
liability incurred, prior to the dissolution if action or other proceeding thereon is commenced
within two years after the date of the dissolution. Any action or proceeding by or against
the nonprofit corporation may be prosecuted or defended by the nonprofit corporation in its
corporate name. The members, directors, and officers shall have power to take the corporate
or other action as shall be appropriate to protect the remedy,...
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11-81-147
Section 11-81-147 Liability of municipalities or counties on bonds. Revenue anticipation bonds
issued under this division shall not be a debt of the municipality or county within the meaning
of the Constitution, and the municipality or county shall not be liable thereon nor shall
they be payable out of any funds other than the revenue obtained therefrom, anything contained
in this division to the contrary notwithstanding, and every bond issued under this division
shall contain a recital to that effect. (Acts 1935, No. 154, p. 195; Code 1940, T. 37, §348.)...

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16-19-2
Section 16-19-2 Counties and municipalities authorized to make appropriations and donations
to state educational institutions. Any local subdivision shall have the power to make, from
time to time, appropriations from any of its funds not required by law to be devoted to some
other purpose, to any state educational institution for the purpose of paying all or any part
of the costs of the acquisition, by construction or otherwise, of an educational facility
to be owned and operated by such state educational institution; and any local subdivision
shall have the power also to donate any of its properties that are not required by law to
be used for some other purpose to any state educational institution for use as an educational
facility to be owned and operated by such state educational institution, or as a part of such
an educational facility. (Acts 1959, 1st Ex. Sess., No. 79, p. 140, §2.)...
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10A-5-2.02
Section 10A-5-2.02 Supplemental Provisions required in the certificate of formation. REPEALED
IN THE 2014 REGULAR SESSION BY ACT 2014-144 EFFECTIVE JANUARY 1, 2017. In addition to the
information required for a certificate of formation by Section 10A-1-3.05, the certificate
of formation of a limited liability company shall set forth: (1) The right, if given, of the
member or members to admit additional members, and the terms and conditions of the admission.
(2) The circumstances, if any, under which the cessation of membership of one or more members
will result in dissolution of the limited liability company. (3) If the limited liability
company is to be managed by one or more managers, the certificate of formation shall so state
and shall set out the names and the mailing addresses of the manager or managers who are to
serve as managers until their successors are elected and begin serving. (Acts 1993, No. 93-724,
p. 1425, §10; Act 97-920, 1st Ex. Sess., p. 312, §1; §10-12-10;...
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11-89-18
Section 11-89-18 Existence of district not to prevent subsequent incorporation, etc., of another
district. The existence of one or more districts incorporated under the provisions of this
chapter shall not prevent the subsequent incorporation under this chapter of another district
or the amendment of the certificate of incorporation of another district pursuant to authority
granted by the same county, counties, municipality or municipalities, public corporation or
public corporations, or by the same combination thereof, even though the service area described
in the certificate of incorporation, as originally filed or amended, of any existing district
may include territory that lies within the proposed service area of a district that is proposed
to be incorporated under this chapter or that proposes to amend its certificate of incorporation
under this chapter. (Acts 1970, Ex. Sess., No. 29, p. 2630, §19; Acts 1989, No. 89-745, p.
1494, §9.)...
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11-99B-15
Section 11-99B-15 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 its members, all in such manner and to such extent as may be provided
in the district's certificate of incorporation, as last amended; provided, however, that in
the absence of a contrary provision in the said certificate of...
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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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37-7-19
Section 37-7-19 Dissolution. Any corporation created under this chapter may be dissolved by
filing in the Office of the Secretary of State a certificate which shall be entitled and endorsed
"CERTIFICATE OF DISSOLUTION of _____" (the blank space being filled in with the
name of the corporation) and shall state: The name of the corporation and, if such corporation
is a corporation resulting from a consolidation as provided in this chapter, the names of
the original corporation; the date of filing of the certificate of incorporation in the Office
of the Secretary of State and, if such corporation is a corporation resulting from a consolidation
as provided in this chapter, the dates on which the certificates of incorporation of the original
corporations were filed in the Office of the Secretary of State; the fact that the corporation
elects to dissolve; the name and post office address of each of its directors and the name,
title and post office address of each of its officers. Such...
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10A-20-1.08
Section 10A-20-1.08 Fees to be paid to the Secretary of State. Upon the presentation to the
Secretary of State of any application provided for in this article, the applicant shall pay
to the Secretary of State the fee prescribed to be paid to the Secretary of State by Chapter
1 as follows: (1) for the filing of an application under Section 10A-20-1.02 to become a corporation
sole, the fee prescribed for filing a certificate of formation; (2) for the filing of an application
under Section 10A-20-1.05 for a certificate of succession, the fee prescribed for filing a
certificate of formation; (3) for the filing of an application under Section 10A-20-1.06 for
appointment of an administrator, the fee prescribed for filing a certificate of formation;
and (4) for the filing of an application to dissolve under Section 10A-20-1.07, the fee prescribed
for filing a statement or articles of dissolution. (Acts 1911, No. 429, p. 452; Code 1923,
§7119; Code 1940, T. 10, §122; §10-4-8; amended and...
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10A-20-10.01
Section 10A-20-10.01 Restrictions; powers of courts and Attorney General not impaired. (a)
Notwithstanding any provision to the contrary in the certificate of formation, other governing
instrument, or under any other law of this state, and except as otherwise provided by court
order, or by a provision in the certificate of formation or other governing instrument, which
in either case is entered or made after August 11, 1971, and expressly limits the applicability
of this section, a corporation which is, or is treated as, a private foundation, as defined
in Section 509 of the Internal Revenue Code of 1986, as amended, during the period it is,
or is treated as, a private foundation: (1) Shall not engage in any act of self-dealing as
defined in Section 4941 (d) thereof; (2) Shall distribute, for the purposes specified in its
certificate of formation, for each taxable year not less than the amounts at the time and
in the manner as not to become subject to the tax on undistributed income...
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