Section 16-60-113 Authority to Borrow in Anticipation of Current Revenues If Funds Not Sufficient to Pay Teachers’ Salaries.
A community or technical college may borrow against current fiscal-year revenues, but only with the Chancellor’s approval and only if funds on hand are not enough to pay teachers’ salaries for a month.
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- United States — Alabama
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- en
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Section 16-60-113 Authority to Borrow in Anticipation of Current Revenues If Funds Not Sufficient to Pay Teachers’ Salaries.
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