Alabama § 36-29-27 Fund for Administration of Plan

Alabama Statutes

§ 36-29-27 — Fund for Administration of Plan

Alabama § 36-29-27

Title 36Public Officers and Employees

Ch. 29State Employees’ Health Insurance Plan

Art. 2Flexible Employee Benefits

This text of Alabama § 36-29-27 (Fund for Administration of Plan) 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 § 36-29-27 (2026).

Text

The board is authorized to establish such funds in the State Treasury as are necessary to administer said plan and may deposit as necessary in such fund or funds employee payments, amounts deducted pursuant to salary reduction agreements, and administrative fees and appropriations, if any. The board shall designate a custodian of said fund or funds who shall be authorized to make deposits into and payments therefrom in accordance with rules and regulations adopted by said board.

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The board is authorized to establish such funds in the State Treasury as are necessary to administer said plan and may deposit as necessary in such fund or funds employee payments, amounts deducted pursuant to salary reduction agreements, and administrative fees and appropriations, if any. The board shall designate a custodian of said fund or funds who shall be authorized to make deposits into and payments therefrom in accordance with rules and regulations adopted by said board.