Section 16-13-16 – Name of “Alabama Special Educational Trust Fund” Changed to “Education Trust fund.”
Section 16-13-16 Name of “Alabama Special Educational Trust Fund” changed to “Education Trust Fund.” The name of the “Alabama Special Educational Trust Fund” is changed to the “Education Trust Fund.” All references to the “Alabama Special Educational Trust Fund” or the “Alabama Special Education Trust Fund” contained in the Code of Alabama 1975, are changed […]
Section 16-13-1 – Fiscal Year.
Section 16-13-1 Fiscal year. The fiscal year of every board of education shall begin October 1 and end September 30. (Acts 1939, No. 186, p. 334, §19; Code 1940, T. 52, §234.)
Section 16-13-2 – Investment of Endowment Funds Held by State Board of Education and Trustees of State Institutions.
Section 16-13-2 Investment of endowment funds held by State Board of Education and trustees of state institutions. Authority is hereby granted to the State Board of Education and the board of trustees of all state institutions respectively, where education is a part of the program of the institution, to invest and reinvest endowment funds and […]
Section 16-13-4 – Diversion of Funds; Payment of Debt Obligations.
Section 16-13-4 Diversion of funds; payment of debt obligations. (a) It shall be unlawful for any official in the State of Alabama having the custody of, or in any manner connected with the handling or having the authority to direct the use of any of the public school funds arising under the provisions of Sections […]