35-751. Earnings of the corporation and exemption from restrictions A. The corporation shall be a nonprofit corporation, and no part of its net earnings remaining after payment of its expenses shall inure to the benefit of any individual, firm or corporation. B. A project shall be exempt from any requirement of competitive bidding or other […]
35-752. Dissolution of corporation and vesting of title in municipality or county Whenever the board of directors of the corporation, by resolution, determines that the purposes for which the corporation was formed have been substantially complied with and that all bonds and mortgage credit certificates theretofore issued and all obligations theretofore incurred by the corporation […]
35-753. Recordation of documents The articles of incorporation of the corporation and the certificate of dissolution of the corporation shall be filed for record with the corporation commission.
35-754. Chapter cumulative; no notice required Neither this chapter nor anything herein contained shall be construed as a restriction or limitation upon any powers which the corporation otherwise might have under any laws of this state, but shall be construed as cumulative of any such powers. Except as provided in title 44, chapter 12, article […]
