The board is authorized to establish such funds in the State Treasury as are necessary to administer said plan and may deposit as necessary in such fund or funds employee payments, amounts deducted pursuant to salary reduction agreements, and administrative fees and appropriations, if any. The board shall designate a custodian of said fund or funds who shall be authorized to make deposits into and payments therefrom in accordance with rules and regulations adopted by said board.
Structure Code of Alabama
Title 36 - Public Officers and Employees.
Chapter 29 - State Employees' Health Insurance Plan.
Article 2 - Flexible Employee Benefits.
Section 36-29-20 - Legislative Findings and Intent.
Section 36-29-21 - Definitions.
Section 36-29-22 - Creation of "Flexible Employees Benefit board."
Section 36-29-23 - Authorization to Establish Flexible Employee Benefit Plan; Provisions of Plan.
Section 36-29-24 - Authorization to Deduct or Reduce Salary or Wages Designated by Employee.
Section 36-29-25 - Rules and Regulations.
Section 36-29-26 - Payment of Administrative Expenses.
Section 36-29-27 - Fund for Administration of Plan.
Section 36-29-28 - Treatment of Reduction Under Retirement Systems.
Section 36-29-29 - Board Protection From Liability.
Section 36-29-30 - Authority to Adopt Flexible Benefit Plans.