At any time when an authority has no bonds or other obligations outstanding, its board may adopt a resolution, which shall be duly entered upon its minutes, declaring that the authority shall be dissolved. Upon filing for record of a certified copy of the said resolution in the office of the judge of probate with which the authority's certificate of incorporation is filed, the authority shall thereupon stand dissolved and in the event it owned any property at the time of its dissolution, the title to all its properties shall, subject to any constitutional prohibition or inhibitions to the contrary, thereupon vest in one or more counties or municipalities in such manner and interests as may be provided in the said certificate of incorporation; provided, however, that if said certificate of incorporation contains no provision respecting the vesting of title to the properties of the authority, title to all such properties shall, subject to any constitutional provisions or inhibitions to the contrary, thereupon vest in its determining subdivision, or if such authority shall have more than one determining subdivision, in its determining subdivisions as tenants in common.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 89A - Solid Waste Disposal Authorities.
Section 11-89A-1 - Legislative Findings.
Section 11-89A-2 - Definitions.
Section 11-89A-5 - Amendments to Certificate of Incorporation.
Section 11-89A-7 - Officers of Authority.
Section 11-89A-8 - Powers of Authority; Location of Facilities of Authority.
Section 11-89A-9 - Bonds of Authority, Generally.
Section 11-89A-10 - Security for Payment of Bonds; Contracts and Agreements to Secure.
Section 11-89A-11 - Proceeds From Sale of Bonds.
Section 11-89A-12 - Refunding Bonds.
Section 11-89A-14 - Power of Eminent Domain.
Section 11-89A-15 - Cooperation, Aid, and Agreements From and With Other Bodies.
Section 11-89A-16 - Exemption From Taxation, Etc.
Section 11-89A-17 - Exemption From Usury and Interest Laws.
Section 11-89A-18 - Exemption From Competitive Bid Laws.
Section 11-89A-19 - Disposition of Net Earnings of Authority.
Section 11-89A-20 - Bonds of Authority as Legal Investments.
Section 11-89A-21 - Dissolution of Authority; Vesting of Title to Authority's Property.
Section 11-89A-22 - Incorporation of Another Authority by Same Determining Subdivision.
Section 11-89A-23 - Notice of Bond Resolution; Contest to Validity of Bonds, Etc.