{"data":{"id":"us-al/ala.-code-45-49a-63.150","jurisdiction":"us-al","citation":"Ala. Code § 45-49A-63.150","heading":"Trustee.","body":"All the funds of the plan shall be held by the board as trustee of the plan. In addition to the powers granted to the board by the plan, the board shall have all powers granted to trustees under any Alabama statute or regulation which are necessary or desirable for it to fulfill its duties with respect to the plan, which powers are specifically incorporated by reference into this plan. The city shall have no liability for the payment of benefits under the plan nor for the administration of the funds paid over to the board.","path":["Title 45 Local Laws.","Chapter 49A Mobile County Municipalities.","Article 6 Mobile.","Part 4 Policemen’s and Firemen’s Pension and Relief System.","Subpart 8 Management of Funds."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=45-49A-63.150","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"eb056bdb9ebf9b5fe5775c3d3de4ae97a00bb8cbae9cd68248e46198ce755e09","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-45-49a-63.134","next":"us-al/ala.-code-45-49a-63.151"},"notice":"GroundRules: Original legal text. Not legal advice."}