Alabama § 45-52-161.08 Use and Expenditure of Payments to Participating Boards of Education and Local Governments

Alabama Statutes

§ 45-52-161.08 — Use and Expenditure of Payments to Participating Boards of Education and Local Governments

Alabama § 45-52-161.08

JurisdictionAlabama

Title 45Local Laws

Ch. 52Morgan County

Art. 16Government Finance and Operations

Part 2Tennessee Valley Authority in Lieu of Taxes

Subpart 1Distribution of Tva Payments

This text of Alabama § 45-52-161.08 (Use and Expenditure of Payments to Participating Boards of Education and Local Governments) 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 § 45-52-161.08 (2026).

Text

Each participating board of education and participating local government shall pay and deposit, or cause to be paid and deposited, into its general fund all amounts distributed and paid to it pursuant to applicable provisions of Sections 45-52-161.03, 45-52-161.04, and 45-52-161.07, and all such amounts may be expended by the participating board of education or participating local government as the case may be, for any purpose for which it may otherwise lawfully expend moneys in the general fund.

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Each participating board of education and participating local government shall pay and deposit, or cause to be paid and deposited, into its general fund all amounts distributed and paid to it pursuant to applicable provisions of Sections 45-52-161.03, 45-52-161.04, and 45-52-161.07, and all such amounts may be expended by the participating board of education or participating local government as the case may be, for any purpose for which it may otherwise lawfully expend moneys in the general fund.