Alabama Statutes

§ 37-13-21 — Dissolution of Authority

Alabama § 37-13-21
JurisdictionAlabama
Title 37Public Utilities and Public Transportation
Ch. 13Incorporation of Railroad Authorities as Public Corporations

This text of Alabama § 37-13-21 (Dissolution of Authority) 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 § 37-13-21 (2026).

Text

At any time when no bonds of an authority are outstanding, such authority may be dissolved upon the filing, with the judge of probate of the county in which is filed the certificate of incorporation, of an application for dissolution, which shall be subscribed by each director and sworn to by each director before an officer authorized to take acknowledgments to deeds. Upon the filing of such application for dissolution, the authority shall cease to exist. Said probate judge shall receive and record the application for dissolution in an appropriate book of record in his office. Upon dissolution, all rights, title and interests of the authority in property shall be vested in the authorizing subdivisions pursuant to the provisions of the certificate of incorporation, or, in the absence of suc

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Legislative History

(Acts 1984, No. 84-179, p. 256, §21; Acts 1990, No. 90-546, p. 852, §2.)

Nearby Sections

15
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Bluebook (online)
Alabama § 37-13-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/37-13-21.