11-58-13
Section 11-58-13 Authority and procedure for dissolution of corporations; vesting of title
to funds and properties thereof in municipalities or counties upon dissolution; effect of
dissolution of corporation upon other such corporations. (a) Whenever the principal of and
interest on all bonds of a corporation payable from the revenues derived from the operation
of one or more medical clinics owned by the corporation have been paid in full, its board
of directors of the corporation may, by resolution, determine that the purposes for which
the corporation was formed have been substantially complied with, and shall thereupon execute
and file for record in the office of the judge of probate of the county in which the corporation
is organized a certificate of dissolution, reciting those facts and declaring the corporation
to be dissolved. The certificate of dissolution shall be executed under the corporate seal
of the corporation. (b) Upon the filing of the certificate of dissolution, the...
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15-18-179
Section 15-18-179 Application for incorporation; certificate of incorporation; amendment; board
of directors; dissolution; funding; competitive bidding laws not applicable. (a) A public
corporation may be organized as a community punishment and corrections authority pursuant
to this article in any county or group of counties located in one or more judicial circuits.
In order to incorporate the public corporation, any number of natural persons, not less than
three, who are duly qualified electors of a proposed county or counties shall first file a
written application with the county commission or any two or more thereof. The application
shall contain all of the following: (1) The names of each county commission with which the
application is filed. (2) A statement that the applicants propose to incorporate an authority
pursuant to this article. (3) The proposed location of the principal office of the authority.
(4) A statement that each of the applicants is a duly qualified elector of...
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11-50-392
Section 11-50-392 Contents, acknowledgment, filing, and recordation of certificate of incorporation;
procedure for amendment thereof; dissolution of district and disposition of systems, etc.,
upon payment of indebtedness of district in full. (a) The certificate of incorporation of
any gas district incorporated under this article shall state: (1) The name of the corporation,
which shall be a name indicating in a general way the area or municipalities proposed to be
served by the district (e.g., "The South Alabama Gas District" or "The _____
County Gas District" or "The _____, _____, and _____ (naming the municipalities
which are members thereof) Gas District"); (2) The names of all the municipalities which
are to be members of the district; (3) The location of the principal office of the district
and its post office address; (4) The period for the duration of the corporation (if the duration
is to be perpetual, this fact should be stated); and (5) The objects for which the district
is...
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11-15-18
Section 11-15-18 Dissolution. At any time when the corporation does not have any warrants outstanding,
the governing body may adopt a resolution, which shall be duly entered upon the minutes of
the governing body, 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 it owned any property
at the time of its dissolution, the title to all its property shall thereupon vest in the
county. In the event the corporation shall at any time have outstanding warrants issued under
this chapter payable out of the revenues from different projects, then, as and when the principal
of and interest on all warrants payable from the revenues derived from any project shall have
been paid in full, title to the project with respect to which the warrants so paid in full
have been paid shall thereupon vest in the county, but such...
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22-21-191
Section 22-21-191 Dissolution of corporation. If at any time the corporation shall have outstanding
no unpaid securities and if each member of the board of directors of the corporation shall
execute and file for record in the office of the judge of probate of the county in which the
corporation is organized a certificate of dissolution reciting the fact that the corporation
has outstanding no unpaid securities, stating that it is in the best interests of the public
for the corporation to be dissolved and declaring the corporation to be dissolved, the corporation
shall thereupon stand dissolved, and title to all funds and properties owned by it at the
time of such dissolution shall vest, jointly, in the county and the largest of the member
municipalities, according to the federal decennial census next preceding the date of the filing
of the certificate of incorporation of the corporation for record, whereupon possession of
such funds and properties shall forthwith be delivered to the...
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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...
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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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45-39-221.11
Section 45-39-221.11 Dissolution of tourism board. At any time when the tourism board does
not have any debt outstanding, and when there shall be no other obligations assumed by the
tourism board that are then outstanding, the board may adopt a resolution, which shall be
duly entered upon its minutes, declaring that the tourism board should be dissolved; provided,
however, that no such resolution may be adopted except upon the affirmative vote of not less
than four directors, with such vote having been taken by yeas and nays and entered upon the
minutes of the board. After the adoption of the resolution by the board, and only if the governing
bodies of the county and the City of Florence each adopt a resolution, which shall be duly
entered upon their respective minutes, approving the dissolution of the tourism board, then,
upon the filing for record in the office of the judge of probate of the county of a certified
copy of each such resolution, the tourism board shall thereupon stand...
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11-50-532
Section 11-50-532 Dissolution. When all obligations incurred by the corporation and all bonds
issued by it shall have been paid in full or provision for payment thereof shall have been
made by appropriate, segregation and deposit of funds sufficient for such purposes, then and
in such event the corporation may be dissolved by resolution adopted by vote of a majority
of the board, which resolution shall set out the plan of dissolution and shall designate three
directors who shall act as trustees in dissolution of the corporation. A copy of such resolution,
duly certified by the secretary of the corporation under its seal, shall be filed with the
Secretary of State, and, if it shows compliance with the foregoing requirements, it shall
be recorded by the Secretary of State with the certificate of incorporation. Upon such filing
and recording the corporation shall thereupon stand dissolved, and the trustees in dissolution
named in such resolution shall thereupon proceed to wind up the...
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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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