Ala. Code § 16-33C-12

Current through the 2024 Regular Session.

Section 16-33C-12 - Additional duties of Savings Board

In addition to any other requirements of this chapter, the Savings Board shall:

(1) Make available summary information on the ABLE Program and ACES Program to all contributors to savings agreements.

(2) Prepare, or cause to be prepared, an annual accounting of the ABLE Program and ACES Program and transmit a copy of same to the Governor, the Lieutenant Governor, and the Speaker of the House of Representatives.

(3) Make all necessary and appropriate arrangements with colleges and universities in order to fulfill its obligations under savings agreements.

Ala. Code § 16-33C-12 (1975)

Amended by Act 2015-442,§ 1, eff. 6/10/2015.

Act 2001-427, p. 544, §2; Act 2010-725, p. 1800, § 7.