Alabama Statutes
§ 41-10-477 — Dissolution of Authority
Alabama·Title 41 State Government·Ch. 10 Authorities·Art. 14 Alabama Building Renovation Finance 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 o
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Alabama § 41-10-477 (Dissolution of Authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1990, No. 90-602, p. 1079, §28.)