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    • Legislation USA
    • Code of Alabama
    • Title 16 - Education.
    • Chapter 25D - Education Retirees' Trust Fund Funding Act of 2021

    Code of Alabama
    Title 16 - Education.
    Chapter 25D - Education Retirees' Trust Fund Funding Act of 2021

    Section 16-25D-1 - Short Title. - This chapter shall be known and may be cited as...

    Section 16-25D-2 - Legislative Findings. - The Legislature finds that it is advisable for the state...

    Section 16-25D-3 - Definitions. - For the purposes of this chapter, the following terms shall...

    Section 16-25D-4 - Education Retirees' Trust Fund. - (a) There is created the Education Retirees' Trust Fund evidenced...

    Section 16-25D-5 - Liability, Immunity, and Indemnification of Trustees. - (a) A trustee may not be any of the following:...

    Section 16-25D-6 - Board of Control. - (a) The board of control, through the trustees, shall have...

    Section 16-25D-7 - Source of Funding; Use of Assets; Amendment or Modification of Trust Fund; Tax Exemption; Annual Financial Statements. - (a)(1) The sources of funding to the trust fund may...

    Section 16-25D-8 - Investment of Funds; Operation of Trust Fund. - (a) It is the intent of the Legislature that the...

    Section 16-25D-9 - Construction of Article. - Nothing in this chapter shall be construed to define or...

    Section 16-25D-10 - This Section Was Assigned by the Code Commissioner in the 2021 Regular Session, Effective August 1, 2021. This Is Not in the Current Code Supplement. - All personnel employed and vendors hired by contract with funds...

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