Alabama § 11-99A-27 Dissolution and Liquidation

Alabama Statutes

§ 11-99A-27 — Dissolution and Liquidation

Alabama § 11-99A-27

Title 11Counties and Municipal Corporations

Ch. 99AAlabama Improvement Districts

This text of Alabama § 11-99A-27 (Dissolution and Liquidation) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 11-99A-27 (2026).

Text

If at any time a district has no assessments outstanding, and has paid all its indebtedness, the board may adopt a resolution recommending to the appointing government that the district be dissolved and liquidated. Upon delivery of a copy of the resolution to the council, the council, if it considers it expedient, may adopt a resolution declaring the district dissolved. Upon the adoption of a resolution, the board shall proceed to distribute all property in the district to the appointing government, or to other public persons as may be directed by the council or as otherwise provided in the district’s articles of incorporation. Upon distribution, the district shall cease to exist.

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If at any time a district has no assessments outstanding, and has paid all its indebtedness, the board may adopt a resolution recommending to the appointing government that the district be dissolved and liquidated. Upon delivery of a copy of the resolution to the council, the council, if it considers it expedient, may adopt a resolution declaring the district dissolved. Upon the adoption of a resolution, the board shall proceed to distribute all property in the district to the appointing government, or to other public persons as may be directed by the council or as otherwise provided in the district’s articles of incorporation. Upon distribution, the district shall cease to exist.