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Alabama · Through Act 2026-611

Ala. Code § 16-33B-7: Dissolution of Program; Vesting of Property.

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Where this section sits in the code
  1. Title 16 Education.
  2. Chapter 33B Alabama Guaranteed Student Loan Program.

The loan program may not be dissolved until all guaranteed loans have been repaid by the borrowers, or if in default, by ACHE. Upon dissolution of the loan program, all the property and moneys of the program not owed to the federal government shall vest in the Education Trust Fund, or its successor fund.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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