41-10-108
Section 41-10-108 Dissolution of corporation and vesting of title to properties thereof upon
dissolution; vesting of title to projects upon payment in full of bonds pertaining thereto;
formation of corporation not to prevent subsequent formation of other corporations by same
county. (a) At any time when the corporation does not have any bonds outstanding, the board
may adopt a resolution, which shall be duly entered upon its minutes, 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 that it owns any property at the time of its dissolution, the title to all
its property shall thereupon vest in the county. (b) In the event that the corporation shall
at any time have outstanding bonds issued under this article payable out of the revenues from
different projects, then as and when the principal of and...
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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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11-22-16
Section 11-22-16 Dissolution. Whenever the board of directors of the corporation shall by resolution
determine that the purposes for which the corporation was formed have been substantially complied
with and all bonds theretofore issued and all obligations theretofore incurred by the corporation
have been fully paid, the then members of the board of directors of the corporation 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 such facts and
declaring the corporation to be dissolved. Such certificate of dissolution shall be executed
under the corporate seal of the corporation. Upon the filing of such certificate of dissolution,
the corporation shall stand dissolved, the title to all funds and properties owned by it at
the time of such dissolution shall vest in the county, and possession of such funds and properties
shall forthwith be delivered to such county. (Acts...
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11-88-5
Section 11-88-5 Authorization and procedure for amendment of certificate of incorporation.
(a) The certificate of incorporation of any authority incorporated under the provisions of
this article may at any time and from time to time be amended in the manner provided in this
section. (b)(1) The board of directors of the authority shall first adopt a resolution proposing
an amendment to the certificate of incorporation which shall be set forth in full in the resolution
and which amendment may include: a. A change in the name of the authority; b. The addition
to the service area of the authority of new territory lying within the determining county;
c. Provisions for the operation of a system or facility the operation of which is not then
provided for in the certificate of incorporation of the authority and which the authority
is authorized by this article to operate; d. Any matters which might have been included in
the original certificate of incorporation; e. Provisions for the addition...
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11-92B-8
Section 11-92B-8 Amendment of articles. (a) The articles of an authority may at any time and
from time to time be amended in the manner provided in this section. The board shall first
adopt a resolution proposing an amendment to the articles, which amendment shall be set forth
in full in the resolution and which may include any matters that might have been included
in the original articles. (b) After the adoption by the board of a resolution proposing an
amendment to the articles, the chair and the secretary of the authority shall sign and file
with the governing bodies of the county of incorporation, and each municipality whose corporate
limits lie in whole or in part within the operational area of the authority, a written application
in the name and on behalf of the authority, under its seal, requesting that such governing
body or bodies adopt a resolution approving the proposed amendment, and accompanied by a copy
of the resolution adopted by the board proposing the amendment to the...
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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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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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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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