Alabama § 16-44A-57 Disposition of Proceeds

Alabama Statutes

§ 16-44A-57 — Disposition of Proceeds

Alabama § 16-44A-57

JurisdictionAlabama

Title 16Education

Ch. 44AAlabama Compact for Leadership and Citizenship Education

Art. 2The Citizenship Trust

Div. 2Alabama Veterans Living Legacy Act of 2008

This text of Alabama § 16-44A-57 (Disposition of Proceeds) 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 § 16-44A-57 (2026).

Text

It is the intent of this division that the trust, and its associated public educational building authority, may pledge the proceeds of revenues earmarked, designated, or appropriated for the Alabama Veterans Living Legacy and projects thereof, in the same manner as provided in Section 16-44A-32(3). The indebtedness or obligations shall not be deemed or constitute in any way a debt or obligation of the State of Alabama.

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

It is the intent of this division that the trust, and its associated public educational building authority, may pledge the proceeds of revenues earmarked, designated, or appropriated for the Alabama Veterans Living Legacy and projects thereof, in the same manner as provided in Section 16-44A-32(3). The indebtedness or obligations shall not be deemed or constitute in any way a debt or obligation of the State of Alabama.