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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16-17-19
Section 16-17-19 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...
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11-62-17
Section 11-62-17 Authority and procedure for dissolution of authority; vesting of title to
assets and properties of authority upon dissolution of authority; effect of dissolution of
authority upon formation of other such authorities. (a) At any time when any authority does
not have any bonds, notes, or other obligations outstanding and when there shall be no other
obligations assumed by such authority that are then outstanding, the board of such authority
may adopt a resolution, which shall be duly entered upon its minutes, declaring that the authority
shall be dissolved. (b) Upon the filing for record of a certified copy of said resolution
in the office of the judge of probate in which the authority's certificate of incorporation
was filed, the authority shall thereupon stand dissolved and, in the event it owned any assets
or property at the time of its dissolution, the title to all such assets or property shall
thereupon vest in the determining municipality. (c) The formation or...
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11-57-24
Section 11-57-24 Authority and procedure for dissolution of authorities; vesting of title to
assets or properties thereof in municipalities upon dissolution; formation of authorities
not to prevent subsequent formation of other authorities by same municipalities. (a) At any
time when the authority does not have any bonds 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, 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 thereupon vest in the municipality. In the event the authority shall
at any time have outstanding bonds issued hereunder payable out of the revenues of different
projects, then as and when the principal of and interest on all bonds...
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11-88-18
Section 11-88-18 Authorization and procedure for dissolution of authority; vesting of title
to properties of authority and apportionment thereof upon dissolution of authority. At any
time when no bonds theretofore issued by the authority 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 said resolution in the office of the judge of probate of the determining
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 the determining 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...
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11-56-20
Section 11-56-20 Authority and procedure for dissolution of corporations; vesting of title
to properties thereof in municipalities upon dissolution; formation of corporations not to
prevent subsequent formation of other corporations by same municipalities. (a) At any time
when the corporation does not have any bonds outstanding, the board may adopt a resolution
which shall be duly entered upon its minutes declaring that the corporation 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, the corporation 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 municipality. In the event the corporation shall at any time have outstanding
bonds issued under this chapter payable out of the revenues from different projects, then
as and when the principal of and the interest on all bonds payable in...
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11-89A-21
Section 11-89A-21 Dissolution of authority; vesting of title to authority's 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 said resolution in the office
of the judge of probate 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, subject to any constitutional
prohibition or inhibitions to the contrary, thereupon vest in one or more counties or municipalities
in such manner and interests as may be provided in the said certificate of incorporation;
provided, however, that if said certificate of incorporation contains no provision respecting
the vesting of title to the properties of the authority, title to...
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11-49B-19
Section 11-49B-19 Dissolution of authority and vesting of property. At any time when the authority
has no bonds or outstanding obligations, 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 authorizing county, the authority shall be dissolved and in the event it owned any property
at the time of its dissolution, the title to its properties shall pass to, and vest in the
authorizing county, the principal municipality, and the participating municipalities. The
county and each municipality shall have title to the property as tenant in common. The fractional
interest of the authorizing county, the principal municipality, and each participating municipality
in the property shall be represented by a fraction the numerator of which is the total amount
of fund provided by the authorizing county and each...
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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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