11-41-27
Section 11-41-27 Disposition of property after dissolution. If any municipal corporation dissolved
under the provisions of this article shall own any property, the title thereto shall vest
in the county in which such municipal corporation is situated, but if such corporation shall
owe any debts, such property shall be sold by the county commission, and be applied pro rata
to the payment of such indebtedness. (Acts 1919, No. 517, p. 739; Code 1923, §2333; Code
1940, T. 37, §24.)...
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22-21-82
Section 22-21-82 Dissolution of corporation. At any time when the corporation owns no property
and has no indebtedness outstanding, the county commission of the county in which the corporation
was organized may adopt a resolution, which shall be duly entered upon the minutes of said
county commission, 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 said
county, the corporation shall thereupon stand dissolved. The formation of one or more corporations
under the provisions of this division shall not prevent the subsequent formation under this
division of another corporation or corporations. (Acts 1949, No. 46, p. 68, §11; Acts 1967,
No. 401, p. 1010, §5.)...
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11-61A-24
Section 11-61A-24 Dissolution. 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, an application for dissolution. The application for dissolution
shall be subscribed by each member of the board and sworn to by each member before an officer
authorized to take acknowledgments to deeds. Upon the filing of an application for dissolution,
the authority shall cease to exist. The judge of probate shall receive and record the application
for dissolution in an appropriate book of record in his or her office. Upon dissolution, all
rights, title, and interest of the authority in property shall be vested in the municipality.
(Acts 1994, No. 94-254, p. 470, §24.)...
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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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24-1A-17
Section 24-1A-17 Dissolution of authority; vesting title to property in state. At any time
when an authority has no bonds or other obligations outstanding, its board of directors may
by the unanimous vote of all directors present adopt a resolution 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 shall own any property at the time of its dissolution, the title of all its properties
shall thereupon pass to the state. (Acts 1980, No. 80-585, p. 899, §19.)...
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11-50-355
Section 11-50-355 Annual reports and audits; conflicts of interest of members, agents, or employees
of board; vesting of title to systems in city and dissolution of board upon payment, etc.,
of bonds, etc., in full. (a) Within 60 days after the expiration of each fiscal year the board
shall make an annual report of its activities for the preceding fiscal year to the city. Each
such report shall set forth a complete operating and financial statement covering its operation
during such fiscal year. The board shall cause an audit of its books and accounts to be made
at least once in each year by a certified public accountant or an auditor who is regularly
employed by the State Examiner of Public Accounts, and the cost thereof may be treated as
a part of the cost of operation. (b) Any member, agent, or employee of the board who contracts
with the board or is interested, either directly or indirectly, in any contract with the board
or in the sale of any property, either real or personal, to...
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14-6A-9
Section 14-6A-9 Dissolution. At any time when a regional jail authority has no bonds or other
obligations outstanding, its board may by affirmative vote of a majority of its members, and
with the prior approval of the county commission of each county participating in the regional
jail authority, adopt a resolution declaring its intent that the authority shall be dissolved.
Written notice of intent to dissolve shall be immediately delivered to the county commission
of each county participating in the regional jail authority. Dissolution shall not take place
less than 60 days following the written notice. At the expiration of 60 days and upon the
filing for record of a certified copy of the dissolution resolution in the office of the judge
of probate of the county in which the authority's 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...
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37-13-21
Section 37-13-21 Dissolution of authority. At any time when no bonds of an authority are outstanding,
such authority may be dissolved upon the filing, with the judge of probate of the county in
which is filed the certificate of incorporation, of an application for dissolution, which
shall be subscribed by each director and sworn to by each director before an officer authorized
to take acknowledgments to deeds. 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 absence of such
provisions, shall be vested in the authorizing subdivisions in the same proportion as their
contributions to the authority over the life thereof. (Acts...
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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...
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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...
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