4-3-61
Section 4-3-61 Procedure for dissolution. At any time when no bonds of the authority are outstanding, the authority may be dissolved upon the filing with the judge of probate in the county in which is filed the certificate of incorporation of an application for dissolution, which shall be subscribed by each of the members of the authority and sworn to by each member before an officer authorized to take acknowledgments to deeds and shall have appended thereto a certified copy of a resolution of the authorizing subdivision or authorizing subdivisions consenting to such dissolution. Upon the filing of such application for dissolution, the authority shall cease to exist. Said probate judge shall receive and record the application for dissolution in an appropriate book of record in his office. Upon dissolution, all rights, title and interests of the authority in property shall be vested in the authorizing subdivisions pursuant to the provisions of the certificate of incorporation or, in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/4-3-61.htm - 1K - Match Info - Similar pages
11-97-4
Section 11-97-4 Incorporation procedure; contents, execution, and filing of certificate of incorporation. (a) Within 40 days following the adoption of an authorizing resolution the applicants shall proceed to incorporate a corporation by filing for record in the office of the judge of probate of the county or one of the counties in which the determining subdivision is located a certificate of incorporation which shall comply in form and substance with the requirements of this section and which shall be in the form and executed in the manner herein provided. (b) The certificate of incorporation of the corporation shall state: (1) The names of the persons forming the corporation, and that each of them is a duly qualified elector of the determining subdivision; (2) The name of the corporation [which shall be "The Governmental Utility Services Corporation of ___," with the insertion of the name of the determining subdivision (which name may include additional wording identifying...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-4.htm - 4K - Match Info - Similar pages
45-49-90.02
Section 45-49-90.02 Authority to incorporate; participation of municipality. (a) Whenever any number of natural persons, not less than three, shall file with the governing body of Mobile County an application in writing for authority to incorporate a public corporation under this part, which application shall contain the proposed articles of incorporation and bylaws of the public corporation, and if it shall be made to appear to such governing body that each of the persons is a duly qualified elector of and owner of property in the county, and if the governing body of the county shall adopt a resolution which shall be duly entered upon the minutes of such governing body wherein it shall be found and determined that it is wise, expedient, necessary, or advisable that such a corporation be formed and that the persons filing the application shall be authorized to proceed to form such corporation, then the persons shall proceed to organize such corporation by executing, acknowledging, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-90.02.htm - 2K - Match Info - Similar pages
11-101A-24
Section 11-101A-24 Dissolution. 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 the resolution in the office of the judge of probate of the county in which the certificate of incorporation of the authority was filed, the authority shall thereupon stand dissolved. In the event that the authority 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 to the contrary, vest in one or more counties or municipalities in such manner and interests as may be provided in the certificate of incorporation. If the certificate of incorporation contains no provision respecting the vesting of title to the assets...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-24.htm - 1K - Match Info - Similar pages
11-101A-3
Section 11-101A-3 Application to incorporate authority. (a) In order to incorporate an authority pursuant to this chapter, any number of natural persons, not less than three, each of whom is a duly qualified elector of the county or municipality with the governing body of which an application is filed, or if there is more than one, at least one thereof, shall first file a written application with the governing body of any county or municipality, or any two or more thereof, which application shall: (1) Recite the name of each county and municipality with the governing body of which the application is being filed. (2) Contain a statement that the applicants propose to incorporate an authority pursuant to this chapter. (3) State the proposed location of the principal office of the authority, which shall be within the boundaries of the county or municipality with the governing body of which the application is filed, or, if there is more than one, at least one thereof. (4) State that each...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-3.htm - 3K - Match Info - Similar pages
11-15-4
Section 11-15-4 Certificate of incorporation - Contents; approval. The certificate of incorporation of the corporation shall state: (1) The names of the persons forming the corporation together with the residence of each thereof and a statement that each of them is a duly qualified elector of and property owner in the county; (2) The name of the corporation; (3) The location of its principal office, which shall be in the county seat of the county; (4) The number of directors (which shall be three or a multiple of three); and (5) Any other matters relating to the corporation which the incorporators may choose to insert and which shall not be inconsistent with this chapter or with the laws of the state. The name designated for the corporation in the certificate of incorporation shall be one indicating the purpose thereof, such as "___ County Public Building Authority" (the name of the county to be filled in the blank space) or some other name of similar import. The form and contents...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-15-4.htm - 2K - Match Info - Similar pages
11-47-217
Section 11-47-217 Boards of directors of authorities. (a) Each authority shall have 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, and the authority shall be governed by the board or pursuant to its authorization. Subject to the provisions of subdivision (8) of Section 11-47-215, the board shall consist of directors who have the qualifications and are elected or appointed for certain terms of office as shall be specified in the certificate of incorporation of the authority. Notwithstanding the foregoing, if the original directors are appointed by the incorporators, the original directors shall be identified in the proposed form of the certificate of incorporation submitted to the governing body of each of the authorizing subdivisions together with the application for authority to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-217.htm - 5K - Match Info - Similar pages
11-54-174
Section 11-54-174 Procedure to incorporate; contents and execution of certificate of incorporation; filing. Within 40 days following the adoption of an authorizing resolution the applicants shall proceed to incorporate an authority by filing for record in the office of the judge of probate of the county or one of the counties in which the authorizing municipality is located a certificate of incorporation which shall comply in form and substance with the requirements of this section and which shall be in the form and executed in the manner herein provided. The certificate of incorporation of the authority shall state: (1) The names of the persons forming the authority. (2) The name of the authority (which shall be "The Commercial Development Authority of the City of _____," with the insertion of the name of the authorizing municipality, unless the Secretary of State shall determine that such name is identical to the name of any other corporation organized under the laws of the state or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-54-174.htm - 3K - Match Info - Similar pages
11-89A-3
Section 11-89A-3 Filing of application for incorporation of authority; denial or authorization of incorporation by governing body of county or municipality. A public corporation may be organized pursuant to the provisions of this chapter in any county or municipality. In order to incorporate such a public corporation, any number of natural persons, not less than three, who are duly qualified electors of a proposed determining subdivision shall first file a written application with the governing body of any county or municipality, or any two or more thereof, which application shall: (1) Recite the name of each county and municipality with the governing body of which such application is filed; (2) Contain a statement that the applicants propose to incorporate an authority pursuant to the provisions of this chapter; (3) State the proposed location of the principal office of the authority; (4) State that each of the applicants is a duly qualified elector of the determining subdivision (or,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-3.htm - 3K - Match Info - Similar pages
11-89A-4
Section 11-89A-4 Incorporation procedure; contents, execution, and filing of certificate of incorporation; notice to Secretary of State. (a) Within 40 days following the adoption of an authorizing resolution (or, if there is more than one, the last adopted thereof), the applicants shall proceed to incorporate an authority by filing for record in the office of the judge of probate of the county in which the principal office of the authority is to be located a certificate of incorporation which shall comply in form and substance with the requirements of this section and which shall be in the form and executed in the manner provided in this chapter and shall also be in the form theretofore approved by the governing body of each determining subdivision. (b) The certificate of incorporation of the authority shall state: (1) The names of the persons forming the authority, and that each of them is a duly qualified elector of the determining subdivision (or, if there is more than one, at least...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89A-4.htm - 4K - Match Info - Similar pages
|