Alabama Statutes

§ 16-18A-12 — Moneys Considered Trust Funds

Alabama § 16-18A-12

JurisdictionAlabama

Title 16Education

Ch. 18APrivate Colleges and Universities Facilities Authority

This text of Alabama § 16-18A-12 (Moneys Considered Trust 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 § 16-18A-12 (2026).

Text

All moneys received by the authority pursuant to this chapter shall be deemed to be trust funds for the holders of the bonds and interest coupons thereto appertaining and shall be held and applied for the benefit of the bondholders of the respective issues as provided in this chapter and as provided in the authorizing resolutions of the authority.

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Legislative History

(Acts 1979, No. 79-322, p. 475, §12.)

Nearby Sections

15

§ 16-1-1

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Selling, Etc., Alcoholic Beverages to School Children; Keeping on School Premises

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Private Schools to Register and Report;

§ 16-1-11.1

Autonomy of Nonpublic Schools - Legislative Findings

§ 16-1-11.2

Autonomy of Nonpublic Schools - Education Selection by Parents; Exemption from Licensure or Regulation

§ 16-1-11.3

Autonomy of Nonpublic Schools - Applicability of Statutory Requirements

§ 16-1-11.4

Admission of Nonpublic School Students by Public Institutions of Higher Education

§ 16-1-11.5

Teacher Certification

§ 16-1-11.6

Membership of Nonpublic Schools in Alabama High School Athletic Association

§ 16-1-13

Teaching Pupils of Disparate Ability, Background and Achievement

§ 16-1-14

Uniform System of Procedural Due Process Protections for Students Facing Long-Term Suspension or Expulsion for Violating Student Code of Conduct or State Law

§ 16-1-15

Classification and Grouping of Pupils Upon Consideration of Social Attitudes, Etc

§ 16-1-16

Special Courses, Tutoring, Counseling, Etc., for Special Groups of Pupils

§ 16-1-16.1

Alabama Council on Family and Children

§ 16-1-17

Contest of Certain Elections

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Bluebook (online)

Alabama § 16-18A-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/16-18A-12.