(a) The board, at any time and by a three-quarters vote, may dissolve the Alabama Veterans Resource Center by having three-quarters of the members of the board file with the Secretary of State an application for dissolution, which shall be sworn to by each signatory thereto by an officer authorized to take acknowledgments to deeds.
(b) Upon the filing of the application for dissolution, the center shall cease to exist. The Secretary of State shall file and record the application for dissolution, shall make and issue, under the Great Seal of the State, a certificate that the center is dissolved, and shall record the certificate with the application for dissolution. Title to all property held in the name of the center shall be vested in the state upon dissolution of the center, and the ex officio board members, by written consent,
shall direct how to dispose of any monies in the Alabama Veterans Resource Center Fund.
History: (Act 2025-20, §10.)