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41-10-369
Section 41-10-369 Dissolution of authority; disposition of property upon dissolution of authority.
At any time when the bonds and other obligations of the authority have been paid in full,
the authority may be dissolved upon the filing with the Secretary of State of a written statement
for dissolution, reciting payment in full of all bonds and other obligations 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 written statement 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 written statement 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 written statement
for dissolution. (Acts 1988, No....
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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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10A-2A-14.01
Section 10A-2A-14.01 Dissolution by incorporators or initial directors. A majority of the incorporators
or initial directors of a corporation that has not issued stock or has not commenced business
may dissolve the corporation by delivering to the Secretary of State for filing a certificate
of dissolution that sets forth: (a) the name of the corporation; (b) the date of its incorporation;
(c) either (i) that none of the corporation's stock has been issued, or (ii) that the corporation
has not commenced business; (d) that no debt of the corporation remains unpaid; (e) that the
net assets of the corporation remaining after winding up have been distributed to the stockholders,
if stock was issued; (f) that a majority of the incorporators or initial directors authorized
the dissolution; and (g) the unique identifying number or other designation as assigned by
the Secretary of State. (Act 2019-94, §1; Act 2020-73, §7.)...
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23-1-160
Section 23-1-160 Dissolution. At any time when no securities of any kind of the corporation,
whether issued under this article or under authorization contained in any other statutes,
are outstanding, the corporation 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
corporation 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 corporation
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 corporation is dissolved and shall record the said
certificate with the application for dissolution. (Acts 1955, 1st Ex....
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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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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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41-10-433
Section 41-10-433 Dissolution of authority. At any time when the incorporators named in this
article determine that the services provided by the authority are no longer of benefit to
the entities served by the authority and that all obligations of the authority have been paid
in full, the authority may be dissolved upon the filing with the Secretary of State of a written
statement for dissolution, which shall be subscribed by each of the incorporators of the authority
and which shall be sworn to by each such incorporator before an officer authorized to take
acknowledgements to deeds. Upon the filing of said written statement for dissolution, the
authority shall cease and any property or other asset owned by it at the time of dissolution
shall pass to the State of Alabama exclusively for purposes of Section 501(c)(3) of the Internal
Revenue Code. The Secretary of State shall file and record the written statement for dissolution
in an appropriate book of record in his or her office and...
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11-50-316
Section 11-50-316 Execution, sale, etc., of bonds and refunding bonds of corporation; terms,
denominations, etc., thereof; charge, application, etc., of revenues from systems for payment
of bonds, etc., generally; vesting of title to systems in municipality and dissolution of
corporation upon payment of bonds in full, etc. (a) All bonds issued by any such corporation
organized or the certificate of incorporation of which is amended under this article shall
be signed by the chairman of the board of directors or other chief executive officer and attested
by its secretary, and the seal of such corporation shall be affixed thereto; provided that,
if authorized by the board of directors of such corporation, said bonds may be executed with
an engraved, imprinted, stamped, or otherwise reproduced facsimile of any signature or seal
in lieu of a manually made signature or manually made impressment of the seal; provided further,
that at least one signature required or permitted to be placed...
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10A-2-14.23
Section 10A-2-14.23 Appeal from denial of reinstatement. REPEALED IN THE 2019 REGULAR SESSION
BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
If the Secretary of State denies a corporation's application for reinstatement following administrative
dissolution, he or she shall serve the corporation under Section 10A-1-5.31, 10A-1-5.35, or
10A-1-5.36 with a written notice that explains the reason or reasons for denial. (b) The corporation
may appeal the denial of reinstatement to the circuit court of the county where its articles
of incorporation are filed within 30 days after service of the notice of denial is perfected.
A corporation created by an act of the Legislature prior to the adoption of the Constitution
of Alabama of 1901, or which resulted from a merger or consolidation, may appeal to the Circuit
Court of Montgomery County. The corporation appeals by petitioning the court to set aside
the dissolution and attaching to the petition copies...
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