Alabama Statutes

§ 45-49A-81.03 — Donations or Gifts to Fund

Alabama § 45-49A-81.03
JurisdictionAlabama
Title 45Local Laws
Ch. 49AMobile County Municipalities
Art. 8Prichard
Part 2Employees

This text of Alabama § 45-49A-81.03 (Donations or Gifts to Fund) 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 § 45-49A-81.03 (2026).

Text

Monies or other things of value may be donated to the fund by any person, firm, or corporation. Such donations or gifts may be outright, in which such event the corpus thereof shall become a portion of the fund, or may be held in trust by the person or persons responsible for the operation of the fund, with the profits or income therefrom becoming a part of the fund.

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Legislative History

(Acts 1956, 1st Sp. Sess., No. 107, p. 154, §4; Acts 1963, No. 235, p. 636, §4.)

Nearby Sections

15
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Bluebook (online)
Alabama § 45-49A-81.03, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/45-49A-81.03.