(a)

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Terms Used In Alabama Code 45-39-221.01

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: means next after. See Alabama Code 1-1-1
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Probate: Proving a will
  • state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
(1) The governing bodies of Florence and the county may form a tourism board as a public corporation pursuant to this part by each adopting a resolution that does both of the following:

a. Recites that the county and the City of Florence propose to form the tourism board pursuant to this part.
b. States the name of the tourism board, which may be a name indicating in a general way the function of the tourism board and the geographical area proposed to be served by it, and shall include the word authority, bureau, or board, unless the Secretary of State shall determine that such name is identical to the name of another corporation organized under the laws of the state or so nearly similar thereto as to lead to confusion and uncertainty, in which case there may be inserted additional identifying words so as to eliminate the duplication or similarity or to adopt some other similar name that is available.
(2) While it shall not be necessary that any such resolution be published in any newspaper or posted, the governing body of the county or the City of Florence, as the case may be, shall cause such resolution to be spread upon or made a part of the minutes of the meeting thereof at which final action thereon is taken.
(b) Upon the adoption of both authorizing resolutions, the tourism board shall come into existence and shall constitute a public corporation under the name set forth in each authorizing resolution. The authorizing resolutions shall both be filed, not more than 15 days after the date on which the latter thereof was adopted, for record in the office of the judge of probate of the county.
(c) Notwithstanding any provision to the contrary in any law enacted by the Legislature, whether general, special, or local, or in any ordinance, resolution, or resolution and order previously adopted by the county and the City of Florence, the governing bodies of the county and the City of Florence, in the authorizing resolutions or any amendatory resolutions hereinabove authorized, may terminate or dissolve any public body that was theretofore formed for the purpose of promoting or developing tourism in either or both the City of Florence and the county. If a public body is dissolved, the county and the City of Florence, whether in the authorizing resolutions or in any amendatory resolutions adopted by them, may establish the tourism board as the successor in interest to all of the assets and liabilities of the public body so dissolved.
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