The department shall establish policies and procedures necessary to insure accountability of funds relative to state statutes and federal programs to which the funds may be pledged as a required match. The policies and procedures shall be reviewed and shall be approved or disapproved by the committee. The department shall promulgate and implement administrative rules, regulations, and procedures for the allocation of the appropriated General Fund moneys.
Structure Code of Alabama
Chapter 23 - Department of Economic and Community Affairs.
Article 4 - Alabama Small Business Incubator Act.
Section 41-23-60 - Short Title.
Section 41-23-61 - Definitions.
Section 41-23-62 - Responsibilities of Loan Policy Committee.
Section 41-23-64 - Establishment of Grant Programs.
Section 41-23-65 - Use of Funds; Remuneration.
Section 41-23-66 - Disbursed Grant Funds Not Utilized to Revert to Loans; Repayment.