Alabama Statutes

§ 16-17A-22 — Disposition of Excess Revenues

Alabama § 16-17A-22
JurisdictionAlabama
Title 16Education
Ch. 17AUniversity Authority Act of 2016

This text of Alabama § 16-17A-22 (Disposition of Excess Revenues) 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 § 16-17A-22 (2026).

Text

No part of the net earnings of an authority remaining after payment of its expenses shall inure to the benefit of any person other than a university, a governmental entity, a political corporation, or any nonprofit corporation that is an organization described in Section 501(c)(3) of the Internal Revenue Code.

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Legislative History

(Act 2016-201, §22.)

Nearby Sections

15
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Bluebook (online)
Alabama § 16-17A-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/16-17A-22.