Section 16-25D-4 Education Retirees’ Trust Fund.
This provision creates the Education Retirees’ Trust Fund, gives the board of control authority to set the trust’s terms and conditions, and says the trustees manage the trust without compensation but may be reimbursed for reasonable and necessary expenses.
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- Jurisdiction
- United States — Alabama
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- Act or statute
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- Undated source snapshot
- Language
- en
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expense reimbursement trust fund administration trustee compensation
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Section 16-25D-4 Education Retirees’ Trust Fund.
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