41-10-69
Section 41-10-69 Conveyance of lands, buildings, properties, etc., of authority to state upon
payment in full of bonds, etc.; dissolution of authority. (a) When all bonds issued by the
authority and all obligations assumed by it under the provisions of this article shall have
been paid in full, the 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 lands, buildings, fixtures, properties and other assets
then owned by the authority. (b) 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...
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11-50A-27
Section 11-50A-27 Dissolution of authority. When all bonds, bond anticipation notes and notes
issued by the authority under the provisions of this chapter shall have been paid in full
or otherwise satisfied, or when its obligations cease under every contract described in this
chapter, whichever is later, the then chairman of the authority may, upon authorization of
two-thirds of the membership of the board, thereupon execute and deliver in the name of and
in behalf of the authority an appropriate deed, or deeds, or other appropriate instruments
of conveyance, to which the seal of the authority shall be affixed and attested by the secretary-treasurer
of the authority, whereby there shall be conveyed to the municipalities at that time represented
on the election committee, in the proportion that each municipality's then existing voting
power on the election committee bears to the total then existing voting power of all municipalities
represented on the election committee, all the...
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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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41-9-682
Section 41-9-682 Function and powers generally. (a) It shall be the function and main purpose
of the board to honor those, living or dead, who, by achievement or service, have made outstanding
and lasting contributions to music in Alabama or elsewhere. The board may adopt such rules,
regulations and bylaws as may be needed to carry out its functions. Also, it may conduct surveys
and polls and may appoint such committees and representatives as it may determine necessary
or desirable. The board may acquire, construct, install, equip, lease, manage and operate
buildings and other facilities consisting of any one or more of the following to be located
in Colbert County, Alabama: (i) a music hall of fame and exhibition facility for the display
of busts, statues, plaques, books, papers, computerized figures, memorabilia, records, films,
audio tapes, video tapes, compact disks, recordings, pictures and other exhibits relating
to music and musicians, (ii) a library, research and educational...
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41-10-521
Section 41-10-521 Dissolution. When all bonds and 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 may 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,
properties and other assets then owned by the authority to such agency of the state as shall
be designated by the Governor. The then 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...
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41-10-330
Section 41-10-330 Dissolution. When all bonds and 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 may 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,
properties and other assets then owned by the authority to the commission, or such agency
of the state as shall at the time have succeeded to the rights and duties of the commission.
The then 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...
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2-6-127
Section 2-6-127 Dissolution of corporation. When all securities issued by the corporation and
all obligations assumed by it under this article shall have been paid in full, the then president
of the corporation shall execute and deliver in the name of and in behalf of the corporation
an appropriate deed, or deeds, to which the seal of the corporation shall be affixed and attested
by the secretary of the corporation, whereby there shall be conveyed to the state all the
buildings, properties, and other assets then owned by the corporation. The then officers and
directors of the corporation 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
issued by the corporation 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 corporation, whereupon the corporation...
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45-46-90.06
Section 45-46-90.06 Powers of the authority. (a) The authority shall have the following powers,
together with all powers incidental thereto or necessary to the discharge thereof in corporate
form: (1) To have succession by its corporate name for the duration of time which may be perpetuity,
subject to Section 45-46-90.18, specified in its certificate of incorporation. (2) To sue
and be sued in its own name in civil suits and actions, excepting actions in tort, and to
defend suits against it. (3) To adopt and make use of a corporate seal and to alter the same
at pleasure. (4) To adopt and alter bylaws for the regulation and conduct of its affairs and
business. (5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise,
and to hold property of every description, real, personal, or mixed. (6) To make, enter into,
and execute such contracts, agreements, leases, and other instruments and to take such other
actions as may be necessary or convenient to accomplish any...
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11-49B-7
Section 11-49B-7 Powers of authority. The authority shall exercise, subject to this chapter,
the following powers and duties necessary to the discharge of its powers and duties in corporate
form: (1) To have succession by its corporate name for the duration of time, which may be
perpetual, subject to the provisions of Section 11-49B-19 specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions and to defend
suits against it. (3) To adopt and make use of a corporate seal and to alter the seal at pleasure.
(4) To adopt and alter bylaws for the regulation and conduct of its affairs and business.
(5) To acquire, receive, and take, by purchase, gift, lease, devise, or otherwise, and to
hold property of every description, real, personal, or mixed, whether located in one or more
counties or municipalities and whether located within or outside the authorizing county. (6)
To make, enter into, and execute contracts, agreements, leases, and...
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