Home/Alabama/Statutes/Title 23: Highways, Roads, Bridges and Ferries/Ch. 1: Alabama Highways/Art. 10: Federal Aid Highway Finance Authority/§ 23-1-318
Alabama Statutes

§ 23-1-318 — Dissolution

Alabama § 23-1-318
JurisdictionAlabama
Title 23Highways, Roads, Bridges and Ferries
Ch. 1Alabama Highways
Art. 10Federal Aid Highway Finance Authority

This text of Alabama § 23-1-318 (Dissolution) 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 § 23-1-318 (2026).

Text

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 t

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Legislative History

(Acts 1976, No. 565, p. 764, §19.)

Nearby Sections

15
§ 23-1-1
Contracts and Regulations Relative to Federal Assistance
§ 23-1-10
“Blue Reflective Markers” and “Fire/Water Hydrant” Defined; Purpose and Installation of Blue Reflective Markers
§ 23-1-100
“Captive County” Defined
§ 23-1-101
Powers and Duties of County Commissions of Captive Counties as to Construction, Repair, and Maintenance of County Roads and Bridges Generally
§ 23-1-102
Transfer to Counties of Unexpended Funds Maintained by State Department of Transportation; Payment to Counties of Tax Proceeds, Federal Aid Accruals, Etc
§ 23-1-103
Transfer to Counties by State Department of Transportation of Facilities and Properties for Construction, Repair, and Maintenance of Roads; Resolution of Disputes as to Transfers
§ 23-1-104
Furnishing of Counties with Lists of Persons Employed by State Department of Transportation Therein; Employment by Counties of Persons on Lists; Employment Status of Other Persons Employed by Department in Counties; Liability for Accumulated Obligations Due and Payable to Present Employees of Department; Payment by Department of Accumulated Sick Leave of Transferred Employee
§ 23-1-105
Effect of Article Upon Contracts for Construction, Repair and Maintenance of County Roads and Bridges Entered into by State Department of Transportation
§ 23-1-106
Effect of Article Upon Outstanding Financial Obligations Incurred by Counties; Disposition of Funds Received by State from Counties for Road and Bridge Work Therein
§ 23-1-107
Effective Date
§ 23-1-110
Purpose of Article
§ 23-1-111
Designation
§ 23-1-112
Maintenance and Repair - Responsibility
§ 23-1-113
Maintenance and Repair - Stipulations and Conditions
§ 23-1-130
Establishment
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Bluebook (online)
Alabama § 23-1-318, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/23-1-318.