Section 45-35A-52.19 Dissolution of Corporation; Vesting of Title to Property in the City.
If the authority has no outstanding bonds or other obligations, its board may resolve to dissolve it; once a certified copy is filed with the Judge of Probate of Houston County, the authority is dissolved and any property it owned passes to the city.
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Section 45-35A-52.19 Dissolution of Corporation; Vesting of Title to Property in the City.
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