Alabama Statutes

§ 16-33B-7 — Dissolution of Program; Vesting of Property

Alabama § 16-33B-7

JurisdictionAlabama

Title 16Education

Ch. 33BAlabama Guaranteed Student Loan Program

This text of Alabama § 16-33B-7 (Dissolution of Program; Vesting of Property) 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 § 16-33B-7 (2026).

Text

The loan program may not be dissolved until all guaranteed loans have been repaid by the borrowers, or if in default, by ACHE. Upon dissolution of the loan program, all the property and moneys of the program not owed to the federal government shall vest in the Education Trust Fund, or its successor fund.

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Legislative History

(Acts 1980, No. 80-733, p. 1484, §7.)

Nearby Sections

15

§ 16-1-1

§ 16-1-10

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

§ 16-1-11

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 § 16-33B-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/16-33B-7.