It is the intent of the Legislature that there be an orderly transition between the current PACT board and the PACT board created in Section 16-33C-4.1. As a result, on June 1, 2010, the PACT-related responsibilities of the current PACT board shall terminate and the term of office of the members of the PACT board created in Section 16-33C-4.1 shall commence. Additionally, the PACT board created in Section 16-33C-4.1 shall hold its first official meeting prior to July 1, 2010.
Structure Code of Alabama
Chapter 33C - Wallace-Folsom Prepaid College Tuition Trust Fund.
Section 16-33C-1 - Legislative Intent.
Section 16-33C-2 - Short Title.
Section 16-33C-2.1 - Creation and Administration of Plan.
Section 16-33C-3 - Definitions.
Section 16-33C-4 - Composition of Aces Board.
Section 16-33C-4.1 - Composition of Pact Board.
Section 16-33C-4.2 - Transition for Pact Board.
Section 16-33C-5 - Powers of Board.
Section 16-33C-6 - Pact Program Generally.
Section 16-33C-7 - Pact Contracts.
Section 16-33C-8 - Additional Pact Duties of Board.
Section 16-33C-9 - Dissolution of Pact Program.
Section 16-33C-10 - Aces Program Generally.
Section 16-33C-11 - Aces Savings Agreements.
Section 16-33C-12 - Additional Duties of Savings Board.
Section 16-33C-13 - Dissolution of Aces Program.
Section 16-33C-14 - Appropriations From the Education Trust Fund to the Pact Program.
Section 16-33C-15 - Appropriations From the Education Trust Fund to the Pact Trust Fund; Purpose.
Section 16-33C-16 - Appropriations From the Education Trust Fund to the Pact Trust Fund.
Section 16-33C-17 - Charge of Mandatory Fees or Tuition per Credit Hour.
Section 16-33C-18 - Limits on Increase in Mandatory Fees and Tuition.
Section 16-33C-19 - Changes to Pact Rules, Procedures, or Policies.
Section 16-33C-20 - Certification That Appropriations No Longer Necessary.
Section 16-33C-21 - Disposition of Funds.
Section 16-33C-22 - Dissolution of Pact Program.
Section 16-33C-23 - Actuary Deficits.