16-17A-23
Section 16-17A-23 Dissolution of authority. (a) At any time when an authority does not
have any indebtedness or other contractual or legal obligations outstanding, an authority
may be dissolved by filing articles of dissolution with the Secretary of State, but only with
the approval of both the board of the authority and the sponsoring university in the manner
provided in this section. (b) In order to dissolve an authority, the following steps
shall be completed: (1) The board shall first adopt a resolution proposing dissolution of
the authority. (2) After the adoption by the board of a resolution approving articles of dissolution,
the authority shall file with the sponsoring university a written request to the sponsoring
university for adoption of a resolution approving dissolution of the authority. (3) As promptly
as may be practicable after the receipt of the application from the authority, the sponsoring
university shall review the application, and its governing body shall adopt a...
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41-10-32
Section 41-10-32 Dissolution of authority; title to property of authority to vest in
state upon dissolution of authority. 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 members of the authority and sworn
to by each such member before an officer authorized to take acknowledgments to deeds. Upon
the filing of such 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 office and shall make and issue, under the Great Seal of the State, a certificate that
the authority is dissolved and shall record such 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. (Acts 1965, No. 662, p. 1187,...
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41-10-556
Section 41-10-556 Dissolution of authority. At any time when no authority obligations
are outstanding and the authority has no outstanding obligation with respect to payment of
training facility management fees, 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...
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23-1-318
Section 23-1-318 Dissolution. At any time when no securities of any kind of the authority,
whether issued under this article or under authorization contained in any other act, 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 members of the authority and which
shall be sworn to by each such member before an officer authorized to take acknowledgments
to deeds. Upon the filing of said application for dissolution, the authority shall cease and
any property owned by it at the time of its dissolution shall pass to the State of Alabama.
The Secretary of State shall file and record the application for dissolution in an appropriate
book of record in his office and shall make and issue, under the Great Seal of the State,
a certificate that the authority is dissolved and shall record the said certificate with the
application for dissolution. (Acts 1976, No. 565, p. 764, §19.)...
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22-29-23
Section 22-29-23 Dissolution. When all bonds issued by the authority and all obligations
made or assumed by it under the provisions of this chapter shall have been paid in full, the
then officers and directors of the authority shall at such time file with the Secretary of
State a written statement, subscribed and sworn to by each of them, reciting the payment in
full of all such bonds and obligations. Such statement shall be filed with the Secretary of
State and recorded with the certificate of incorporation of the authority, and thereupon,
the authority shall stand dissolved. Any property owned by the authority but leased to a local
public body shall become the property of such local public body and any property owned by
the authority and not leased to any local public body shall become the property of the state.
(Acts 1971, No. 42, p. 279, §23.)...
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33-16-15
Section 33-16-15 Dissolution of authority. At any time when no duties or obligations
of the authority shall remain to be discharged, or when all duties and obligations remaining
to be discharged have been effectively delegated to public corporations, agencies and departments
of the state in accordance with Section 33-16-10, 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 members of the authority, and which shall be sworn to by each such member before
an officer authorized to take acknowledgments to deeds. Upon the filing of said application
for dissolution, the authority shall cease and any property owned by it at the time of its
dissolution shall pass to the state. The Secretary of State shall file and record the application
for dissolution, in an appropriate book of record in his office, and shall make an issue,
under the Great Seal of the State, a certificate that the authority is...
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33-17-15
Section 33-17-15 Dissolution of authority. At any time when no duties or obligations
of the authority shall remain to be discharged, or when all duties and obligations remaining
to be discharged shall have been effectively delegated to public corporations, agencies and
departments of the state in accordance with Section 33-17-10, 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 members of the authority and which shall be sworn to by
each such member before an officer authorized to take acknowledgments to deeds. Upon the filing
of said application for dissolution, the authority shall cease and any property owned by it
at the time of its dissolution shall pass to the state. The Secretary of State shall file
and record the application for dissolution in an appropriate book of record in his office,
and shall make and issue, under the Great Seal of the State, a certificate that the...
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14-2-34
Section 14-2-34 Dissolution. When all bonds and securities issued by the authority and
all obligations assumed by it under the provisions of this chapter shall have been paid in
full, the then president of the authority shall thereupon execute and deliver in the name
of, and in behalf of, the authority an appropriate deed or deeds, to which the seal of the
authority shall be affixed and attested by the secretary of the authority, conveying all facilities
and other assets then owned by the authority to the state. The then officers and directors
of the authority may at such time file with the Secretary of State a written statement, subscribed
and sworn to by each of them, reciting the payment in full of all bonds theretofore issued
by the authority and the execution and delivery of such deed or deeds, which statement shall
be filed by the Secretary of State and recorded with the certificate of incorporation of the
authority, and thereupon the authority shall stand dissolved. (Acts 1965,...
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22-3A-21
Section 22-3A-21 Dissolution of authority. When all bonds issued by the authority and
all obligations assumed by it under the provisions of this chapter shall have been paid in
full, the then president of the authority shall thereupon execute and deliver in the name
of and in behalf of the authority an appropriate deed, or deeds, to which the seal of the
authority shall be affixed and attested by the secretary of the authority, whereby there shall
be conveyed to the state all the buildings, properties and other assets then owned by the
authority. The then officers and directors of the authority shall at such time file with the
Secretary of State a written statement, subscribed and sworn to by each of them, reciting
the payment in full of all bonds theretofore issued by the authority and the execution and
delivery of such deed or deeds to the state, which statement shall be filed by the Secretary
of State and recorded with the certificate of incorporation of the authority, whereupon the...

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41-10-477
Section 41-10-477 Dissolution of authority. When all securities issued by the authority
and all obligations assumed by it under the provisions of this article shall have been paid
in full, the then president of the authority shall thereupon execute and deliver in the name
of and in behalf of the authority an appropriate deed, or deeds, to which the seal of the
authority shall be affixed and attested by the secretary of the authority, whereby there shall
be conveyed to the state all the buildings, properties and other assets then owned by the
authority. The then officers and directors of the authority shall at such time file with the
Secretary of State a written statement, subscribed and sworn to by each of them, reciting
the payment in full of all bonds therefore issued by the authority and the execution and delivery
of such deed or deeds to the state, which statement shall be filed by the Secretary of State
and recorded with the certificate of incorporation of the authority, whereupon...
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