Section 45-49A-63.150 Trustee.
The board must hold all plan funds as trustee, and it has trustee powers under Alabama law that are necessary or desirable to carry out its duties for the plan. The city has no liability for paying benefits or administering funds paid to the board.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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Section 45-49A-63.150 Trustee.
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