45-35A-52.19
Section 45-35A-52.19 Dissolution of corporation; vesting of title to property in the city.
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 resolution in the office
of the Judge of Probate of Houston 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 the city. (Act 82-303, p. 393, §20.)...
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45-8A-111.19
Section 45-8A-111.19 Dissolution of the corporation and vesting of title to property in the
city. 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 a certified copy of the resolution in the office
of the Judge of Probate of Calhoun 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 the city. (Act 85-318, p. 223, §20.)...
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45-8A-20.19
Section 45-8A-20.19 Dissolution of the corporation and vesting of title to property in the
city. 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 a certified copy of the resolution in the office
of the Judge of Probate of Calhoun 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 the city. (Act 85-319, p. 239, §20.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-8A-20.19.htm - 938 bytes - Match Info - Similar pages

11-50-237
Section 11-50-237 Execution, sale, etc., of bonds and refunding bonds of corporation generally;
terms, denominations, etc., thereof; charge, application, etc., of revenues from systems to
payment of bonds, etc., generally; vesting of title to systems in municipality and dissolution
of corporation upon payment of bonds in full. (a) All bonds issued by any corporation organized
under this division shall be signed by the chairman of its board of directors or other chief
executive officer and attested by its secretary, and the seal of such corporation shall be
affixed thereto. Any interest coupons applicable to the bonds of such corporation shall be
signed by the chairman of the board of directors or other chief executive officer, but a facsimile
of such signature may be impressed on any such interest coupon in lieu of his manually signing
the same. Any such bonds may be executed and delivered by such corporation at any time and
from time to time, shall be in such form and denominations...
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11-54-189
Section 11-54-189 Dissolution of authority and vesting of title to property in authorizing
municipality. 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 of the county 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 thereupon pass to the authorizing municipality. (Acts 1980, No. 80-648, p. 1235, §20.)...

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11-94-18
Section 11-94-18 Dissolution of authority; vesting of title to funds and property of authority.
Whenever the board of any authority shall by resolution determine that the purposes for which
the authority was formed have been substantially complied with and any bonds theretofore issued
and all obligations theretofore incurred by the authority have been paid, the authority shall
thereupon execute and file for record in the office of the judge of probate of the county
in which its certificate of incorporation was filed a certificate of dissolution reciting
such facts and declaring the authority to be dissolved. Such certificate of dissolution shall
be signed by the president or vice president of the authority under its corporate seal. Upon
the filing of such certificate of dissolution the authority shall stand dissolved, the title
to all funds and properties owned by it at the time of such dissolution shall vest in equal
shares in its authorizing subdivisions and the possession of such...
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41-10-150
Section 41-10-150 Dissolution of authority; title to property vests in state. At any time when
no bonds or obligations assumed by an authority are outstanding, the board of directors of
an authority may adopt a resolution, which shall be 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 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 of
its properties shall thereupon pass to and vest in the state. (Acts 1979, No. 79-441, p. 710,
§16.)...
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45-41A-10.19
Section 45-41A-10.19 Dissolution of corporation. 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 resolution in the office of the Judge of Probate of Lee 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 the city.
(Act 85-185, p. 40, §20.)...
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45-41A-40.19
Section 45-41A-40.19 Dissolution of corporation. 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
a certified copy of the resolution in the office of the Judge of Probate of Lee 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 the city. (Act
84-415, p. 981, §20.)...
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16-18-21
Section 16-18-21 Dissolution of authority and vesting of title to its properties. At any time
when the authority does not have any bonds outstanding and when there shall be no 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 of the county in which the authority's original 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 thereupon vest in the determining
municipality. In the event the authority shall at any time have outstanding bonds issued hereunder
payable out of the revenues from various ancillary improvements, then, as and when the principal
of and the interest on all bonds payable, in whole or in...
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