Alabama § 16-33C-13 Dissolution of Aces Program

Alabama Statutes

§ 16-33C-13 — Dissolution of Aces Program

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

In the event of dissolution of the ACES Program by the Alabama Legislature, any balances which remain in the ACES Trust Fund and in the ACES Administrative Fund after all costs and liabilities of the ACES Program have been paid, shall be returned to contributors according to savings agreements. Any unclaimed assets remaining in the ACES Program thereafter shall be administered in accordance with the Alabama Uniform Disposition of Unclaimed Property Act, Article 2 of Chapter 12 of Title 35.

Free access — add to your briefcase to read the full text and ask questions with AI

In the event of dissolution of the ACES Program by the Alabama Legislature, any balances which remain in the ACES Trust Fund and in the ACES Administrative Fund after all costs and liabilities of the ACES Program have been paid, shall be returned to contributors according to savings agreements. Any unclaimed assets remaining in the ACES Program thereafter shall be administered in accordance with the Alabama Uniform Disposition of Unclaimed Property Act, Article 2 of Chapter 12 of Title 35.

Alabama § 16-33C-13 (Dissolution of Aces Program) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.