The provisions of this article shall not apply to: universities and colleges; the state docks; or county and city boards of education, except as is already required by Section 41-15-1 et seq., relating to the State Insurance Fund. Provided however that universities and colleges may elect to participate in, and be covered by, such risk management program. A university or college may elect to participate in and be covered by such program by giving notice thereof to the division of risk management not less than six months prior to the beginning of the fiscal year in which such university or college desires to begin participation in and coverage by such program. Any university or college which elects to be covered by such risk management program may terminate such participation and coverage by giving notice thereof to the division of risk management not less than six months prior to the beginning of the fiscal year such university or college desires to terminate such participation and coverage.
Structure Code of Alabama
Chapter 4 - Department of Finance.
Article 12 - Division of Risk Management.
Section 41-4-300 - Division Created.
Section 41-4-301 - Function, Powers and Duties.
Section 41-4-302 - Administration of Insurance Programs; Coverage Under State Blanket Bond.
Section 41-4-303 - Applicability of Article; Coverage of Risk Management Program.
Section 41-4-304 - Commingling of Funds Proscribed.