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Home » US Law » 2022 Code of Alabama » Title 41 - State Government. » Chapter 23 - Department of Economic and Community Affairs. » Article 4 - Alabama Small Business Incubator Act. » Section 41-23-63 – Promulgation of Rules and Regulations Governing Allocation and Accountability of Funds.

Section 41-23-63

Promulgation of rules and regulations governing allocation and accountability of funds.

The department shall establish policies and procedures necessary to insure accountability of funds relative to state statutes and federal programs to which the funds may be pledged as a required match. The policies and procedures shall be reviewed and shall be approved or disapproved by the committee. The department shall promulgate and implement administrative rules, regulations, and procedures for the allocation of the appropriated General Fund moneys.

(Acts 1993, No. 93-543, p. 895, §5.)