Code of Alabama

Search for this:
 Search these answers
51 through 60 of 1,277 similar documents, best matches first.
<<previous   Page: 2 3 4 5 6 7 8 9 10 11   next>>

11-89-17
Section 11-89-17 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 the counties and municipalities in which any part of the service area
may be located, or, if it is a supply district, among its authorizing subdivisions, all in
such manner and to such extent as may be provided in the district's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-89-17.htm - 2K - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99B-15.htm - 2K - Match Info - Similar pages

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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-86A-21.htm - 1K - Match Info - Similar pages

11-92A-22
Section 11-92A-22 Dissolution of authority. (a) At any time when no bonds of an authority are
outstanding, an authority may be dissolved by the adoption by its board of directors of a
resolution recommending its dissolution and the approval of such dissolution and the proposed
articles of dissolution by the governing body of each county within an authority's authorized
operational area by the adoption of a resolution to the effect that the governing body of
such county concurs with the proposed dissolution of the authority. All counties within the
authorized operational area of an authority must approve the articles of dissolution of an
authority, or such articles of dissolution shall be invalid. Such resolution need not be published
or posted and need not be offered for more than one reading. Upon receiving necessary approval
under this section, the chairman and secretary of the dissolved authority shall execute articles
of dissolution reciting that such resolutions have been adopted...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-92A-22.htm - 1K - Match Info - Similar pages

41-10-108
Section 41-10-108 Dissolution of corporation and vesting of title to properties thereof upon
dissolution; vesting of title to projects upon payment in full of bonds pertaining thereto;
formation of corporation not to prevent subsequent formation of other corporations by same
county. (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 that it owns any property at the time of its dissolution, the title to all
its property shall thereupon vest in the county. (b) In the event that the corporation shall
at any time have outstanding bonds issued under this article payable out of the revenues from
different projects, then as and when the principal of and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-108.htm - 1K - Match Info - Similar pages

41-10-635
Section 41-10-635 Dissolution. At any time when no bonds of the authority are outstanding,
the authority may be dissolved upon the filing with the Secretary of State of an application
for dissolution, which shall be subscribed by each of the directors of the authority and sworn
to by each director before an officer authorized to take acknowledgments to deeds. Upon the
filing of the application for dissolution, the authority shall cease to exist. The Secretary
of State shall file and record the application for dissolution in an appropriate book of record
in his or her office, and shall make and issue, under the Great Seal of the State, a certificate
that the authority is dissolved, and shall record the certificate with the application for
dissolution. Title to all property held in the name of the authority shall be vested in the
state upon dissolution of the authority. (Act 99-353, p. 538, §16.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-635.htm - 1K - Match Info - Similar pages

41-10-764
Section 41-10-764 Dissolution. At any time when no bonds of the authority are outstanding,
the authority may be dissolved upon the filing with the Secretary of State of an application
for dissolution, which shall be subscribed by each of the directors of the authority and sworn
to by each director before an officer authorized to take acknowledgments to deeds. Upon the
filing of the application for dissolution, the authority shall cease to exist. The Secretary
of State shall file and record the application for dissolution in an appropriate book of record
in his or her office, and shall make and issue, under the Great Seal of the State, a certificate
that the authority is dissolved, and shall record the certificate with the application for
dissolution. Title to all property held in the name of the authority shall be vested in the
state upon dissolution of the authority. (Act 2016-469, 1st Sp Sess., §15.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-764.htm - 1K - Match Info - Similar pages

11-85-111
Section 11-85-111 Dissolution of authority. At any time when no authority bonds or refunding
bonds are outstanding, the authority may be dissolved upon the filing with the Secretary of
State of an application for dissolution, which shall be subscribed by each of the directors
of the authority and sworn to by each director before an officer authorized to take acknowledgments
to deeds. Upon the filing of the application for dissolution, the authority shall cease to
exist. The Secretary of State shall file and record the application for dissolution in an
appropriate book of record in his or her office, and shall make and issue, under the Great
Seal of the State, a certificate that the authority is dissolved, and shall record the certificate
with the application for dissolution. Title to all property held in the name of the authority
shall be vested in the state upon dissolution of the authority. (Act 98-195, p. 338, §13.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-85-111.htm - 1K - Match Info - Similar pages

22-21-154
Section 22-21-154 Dissolution. 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 under this article
payable out of the revenues of different projects, then as and when the principal of and interest
on all bonds payable from the revenues derived from any project shall have been paid in full,
title to the project, with respect to which the bonds so paid in full have been paid, shall
thereupon vest in the municipality, but such vesting of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-154.htm - 1K - Match Info - Similar pages

11-95-19
Section 11-95-19 Dissolution of corporation; passage of title to property of corporation. At
any time when a corporation has no bonds or other obligations outstanding, its board may adopt
a resolution, which shall be duly entered upon its minutes, declaring that the corporation
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 corporation's certificate of incorporation is
filed, 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 properties shall thereupon pass to the
authorizing subdivisions as tenants in common. (Acts 1981, No. 81-338, p. 480, §19.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-95-19.htm - 1K - Match Info - Similar pages

51 through 60 of 1,277 similar documents, best matches first.
<<previous   Page: 2 3 4 5 6 7 8 9 10 11   next>>