State Codes and Statutes

Statutes > Alabama > Title11 > Title3 > 11-92B-16

Section 11-92B-16

Disposition of funds.

No part of the net earnings of an authority remaining after payment of its expenses shall inure to the benefit of any private entity or person.

(Act 2009-337, §16.)

State Codes and Statutes

Statutes > Alabama > Title11 > Title3 > 11-92B-16

Section 11-92B-16

Disposition of funds.

No part of the net earnings of an authority remaining after payment of its expenses shall inure to the benefit of any private entity or person.

(Act 2009-337, §16.)

State Codes and Statutes

State Codes and Statutes

Statutes > Alabama > Title11 > Title3 > 11-92B-16

Section 11-92B-16

Disposition of funds.

No part of the net earnings of an authority remaining after payment of its expenses shall inure to the benefit of any private entity or person.

(Act 2009-337, §16.)