Alabama § 16-33C-12 Additional Duties of Savings Board

Alabama Statutes

§ 16-33C-12 — Additional Duties of Savings Board

Alabama·Title 16 Education·Ch. 33C Wallace-Folsom Prepaid College Tuition Trust Fund

In addition to any other requirements of this chapter, the Savings Board shall:

(1)Make available summary information on the ABLE Program and ACES Program to all contributors to savings agreements.

(2)Prepare, or cause to be prepared, an annual accounting of the ABLE Program and ACES Program and transmit a copy of same to the Governor, the Lieutenant Governor, and the Speaker of the House of Representatives.

(3)Make all necessary and appropriate arrangements with colleges and universities in order to fulfill its obligations under savings agreements.

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In addition to any other requirements of this chapter, the Savings Board shall:
(1) Make available summary information on the ABLE Program and ACES Program to all contributors to savings agreements.
(2) Prepare, or cause to be prepared, an annual accounting of the ABLE Program and ACES Program and transmit a copy of same to the Governor, the Lieutenant Governor, and the Speaker of the House of Representatives.
(3) Make all necessary and appropriate arrangements with colleges and universities in order to fulfill its obligations under savings agreements.

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