Alabama Statutes

§ 11-71-8 — Refunding of Excess Funds

Alabama § 11-71-8
JurisdictionAlabama
Title 11Counties and Municipal Corporations
Ch. 71The Neighborhood Infrastructure Incentive Plan Act of 2011

This text of Alabama § 11-71-8 (Refunding of Excess Funds) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ala. Code § 11-71-8 (2026).

Text

Following the completion of the acquisition, construction, or installation of the projects, if there are excess funds from assessments, after fully funding all reserves and contingency funds, the excess funds shall be refunded in a manner determined to be equitable by the board, or as otherwise provided in the board’s proceedings with respect to its bylaws.

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Legislative History

(Act 2011-689, p. 2105, §8.)

Nearby Sections

15
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Bluebook (online)
Alabama § 11-71-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/11-71-8.