Alabama § 32-6-401 Production Costs; Distribution of Proceeds

Alabama Statutes

§ 32-6-401 — Production Costs; Distribution of Proceeds

Alabama·Title 32 Motor Vehicles and Traffic·Ch. 6 Licenses and Registration·Art. 2 License Tags and Plates·Div. 21 “Olympic Spirit” License Tags or Plates

The production costs shall be paid monthly to the Department of Corrections by the Alabama Sports Foundation, and the foundation shall be provided with a monthly report detailing revenue by county from the Alabama state Comptroller. Proceeds from the additional revenues generated by the twenty-five dollars ($25) for the “Olympic Spirit” tags or plates, less administrative costs, shall be submitted monthly by the Alabama state Comptroller, to the Alabama Sports Foundation which shall remit one-half of the net proceeds to the United States Olympic Committee for the general operation of its amateur sports program.

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

The production costs shall be paid monthly to the Department of Corrections by the Alabama Sports Foundation, and the foundation shall be provided with a monthly report detailing revenue by county from the Alabama state Comptroller. Proceeds from the additional revenues generated by the twenty-five dollars ($25) for the “Olympic Spirit” tags or plates, less administrative costs, shall be submitted monthly by the Alabama state Comptroller, to the Alabama Sports Foundation which shall remit one-half of the net proceeds to the United States Olympic Committee for the general operation of its amateur sports program.

Alabama § 32-6-401 (Production Costs; Distribution of Proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.