16-18B-17
Section 16-18B-17 Dissolution of corporation. At any time when no bonds of the corporation
are outstanding the corporation 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
corporation 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 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 corporation is dissolved, and shall record the certificate
with the application for dissolution. (Act 98-391, p. 771, §17.)...
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2-3A-14
Section 2-3A-14 Dissolution of authority and vesting of title to its property. At any time
when the 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 Secretary
of State, 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
state. (Acts 1980, No. 80-586, p. 913, §14.)...
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23-1-180
Section 23-1-180 Dissolution. At any time when no bonds of the corporation are outstanding,
the corporation 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 corporation 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 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 corporation is dissolved and shall record the said certificate with
the application for dissolution. (Acts 1965, No. 228, p. 327, §1.)...
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23-6-12
Section 23-6-12 Dissolution of corporation. At any time when no bonds of the corporation are
outstanding the corporation 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 corporation
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 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 corporation is dissolved, and shall record the said certificate with
the application for dissolution. (Acts 1985, No. 85-549, p. 833, §12.)...
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11-92C-20
Section 11-92C-20 Dissolution of authority and vesting of title to 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 resolution in the office of the judge of
probate of the county in which the authority was formed pursuant to Section 11-92C-4, the
authority shall 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 subdivision
or private user as required by any agreement with any private user. (Act 2020-72, §20.)...

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41-10-260
Section 41-10-260 Definitions. The following terms, wherever used in this article, shall have
the following respective meanings unless the context clearly indicates otherwise: (1) AUTHORITY.
The public corporation organized pursuant to the provisions of this article. (2) BOARD OF
DIRECTORS. The board of directors of the authority. (3) BONDS. When used with reference to
debt instruments issued by the authority, means bonds, notes and other forms of indebtedness.
(4) BUILDING COMMISSION. The Building Commission created by Act No. 128 adopted at the 1945
Regular Session of the Legislature of the state, and any successor agency thereto. (5) CHIEF
JUSTICE. The Chief Justice of the Supreme Court of the State of Alabama. (6) GOVERNMENT SECURITIES.
Any bonds or other obligations which as to principal and interest constitute direct obligations
of, or are unconditionally guaranteed by, the United States of America, including obligations
of any federal agency to the extent such obligations are...
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11-101A-6
Section 11-101A-6 Board of directors. (a) Each corporation shall be governed by a board of
directors composed of the number of directors provided in the certificate of incorporation
as most recently amended. Unless provided to the contrary in its certificate of incorporation,
all powers of the authority shall be exercised by the board or pursuant to this authorization.
Subject to the provisions of subdivision (8) of subsection (b) of Section 11-101A-4, the board
shall consist of directors having those qualifications, being elected or appointed by that
person or persons, including, without limitation, the board itself, one or more authorizing
subdivisions, or other counties and municipalities, and other entities or organizations and
in the manner, and serving for the terms of office, all as shall be specified in the certificate
of incorporation of the authority. Notwithstanding the foregoing, no fewer than a majority
of the directors shall be elected by the governing body or bodies of...
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41-10-351
Section 41-10-351 Definitions. The following terms hereafter used in this article shall have
the following respective meanings: (1) AUTHORITY. The public corporation organized pursuant
to the provisions of this article. (2) BONDS. The bonds issued under the provisions of this
article. (3) COMMISSIONER. The Commissioner of Mental Health. (4) DEPARTMENT. The Department
of Mental Health provided for in Chapter 50 of Subtitle 2 of Title 22. (5) DIRECTORS. The
board of directors of the authority. (6) MENTAL HEALTH FACILITIES. Any one or more of the
following: hospitals and other facilities of any kind for treatment and care of the mentally
ill and individuals with an intellectual disability; regional or community-based mental health
centers; regional or community-based facilities for treatment and care of the mentally ill
or individuals with an intellectual disability; regional or community-based centers for the
treatment of alcoholism or drug addiction; and improvements to existing state...
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11-49A-19
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 authorizing
municipality. (Acts 1979, No. 79-777, p. 1380, §19.)...
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11-86A-21
Section 11-86A-21 Dissolution of authority; title to property of authority to vest in county
of incorporation upon dissolution of authority unless otherwise provided. (a) At any time
when no bonds of an authority are outstanding, the authority may be dissolved by the adoption
of a resolution by the board of directors recommending dissolution and by the approval of
the dissolution by the governing body of the county of incorporation and each participating
municipality and the adoption of a resolution to the effect that the county and each participating
municipality concur. The resolution need not be published or posted and need not be offered
for more than one reading. Upon the dissolution the chair and secretary of the dissolved authority
shall execute articles of dissolution reciting that the resolutions have been adopted and
that the authority has been dissolved. The articles of dissolution shall be filed with the
probate judge, who shall record the dissolution. (b) Upon dissolution...
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