The board of trustees shall be authorized to pay out of the fund all reasonable and necessary expenses that may be incurred by it in and about the performance of its duties under this subpart and in and about the management and administration of the fund; provided that in no event shall the members of the board of trustees receive any salary or compensation for their services out of the fund.
Structure Code of Alabama
Chapter 51A - Montgomery County Municipalities.
Division 2 - Firefighters Pension Fund.
Section 45-51A-32.20 - Creation.
Section 45-51A-32.21 - Membership in Pension Fund.
Section 45-51A-32.22 - Board of Trustees - Composition.
Section 45-51A-32.23 - Board of Trustees - Election of Members.
Section 45-51A-32.24 - Board of Trustees - Officers.
Section 45-51A-32.25 - Custodian of Assets.
Section 45-51A-32.26 - Duties of Board.
Section 45-51A-32.27 - Funding.
Section 45-51A-32.28 - Powers of Board Members.
Section 45-51A-32.29 - Annual Report.
Section 45-51A-32.30 - Depositories.
Section 45-51A-32.31 - Payments From Fund.
Section 45-51A-32.32 - Exemptions.
Section 45-51A-32.33 - Insufficient Funding.
Section 45-51A-32.34 - Changes to Benefits.
Section 45-51A-32.35 - Assistance of City Attorney.
Section 45-51A-32.36 - Payment of Expenses.
Section 45-51A-32.37 - Annual Report by Fire Insurance Companies.
Section 45-51A-32.38 - Actuary.
Section 45-51A-32.39 - Investment Trustee.
Section 45-51A-32.40 - Transition Provisions.