Alabama Statutes
§ 4-3-61 — Procedure for Dissolution
At any time when no bonds of the authority are outstanding, the authority may be dissolved upon the filing with the judge of probate in the county in which is filed the certificate of incorporation of an application for dissolution, which shall be subscribed by each of the members of the authority and sworn to by each member before an officer authorized to take acknowledgments to deeds and shall have appended thereto a certified copy of a resolution of the authorizing subdivision or authorizing subdivisions consenting to such dissolution. 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 in
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Legislative History
(Acts 1977, No. 331, p. 433, §22.)
Nearby Sections
15
§ 4-10-1
Legislative Findings§ 4-10-2
Definitions§ 4-10-3
Program Established; Purpose§ 4-10-4
Award of Grants§ 4-10-5
Funding§ 4-10-6
Rulemaking Authority§ 4-2-1
Short Title§ 4-2-10
Reckless Operation of Aircraft§ 4-2-13
Repeal of Conflicting Laws§ 4-2-2
Purpose of Chapter§ 4-2-3
Definitions