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Home » US Law » 2022 Code of Alabama » Title 16 - Education. » Chapter 33C - Wallace-Folsom Prepaid College Tuition Trust Fund. » Section 16-33C-20 – Certification That Appropriations No Longer Necessary.

Section 16-33C-20

Certification that appropriations no longer necessary.

In the event that the PACT Program’s Board of Directors receives an actuarial report certifying that any appropriation made in Section 16-33C-14, Section 16-33C-15, or Section 16-33C-16 is no longer necessary, the PACT Program’s Board of Directors shall certify to the Legislature that no future appropriations are necessary.

(Act 2010-725, p. 1800, §5; Act 2012-198, p. 328, §1.)