Ala. Code § 16-44A-17: Distribution of Residual Assets in the Event of Dissolution of Compact.
Where this section sits in the code
- Title 16 Education.
- Chapter 44A Alabama Compact for Leadership and Citizenship Education.
- Article 1 General Provisions.
In the event of dissolution of the compact, which may be accomplished only by legislative act, the residual assets shall be turned over to another public corporation or organization which is exempt from federal income tax as an organization described in Section 501(c)(3) of the Internal Revenue Code.
Collected 2026-09-03T14:01:51Z. Source file · JSON