Financial Literacy Education

Ala. Code § 38-14-5 — under Title 38.

Ala. Code § 38-14-5

Before becoming eligible to receive matching funds to pay for qualified purposes, individual development account owners shall complete a financial literacy education

course offered by a qualified financial institution, a qualified fiduciary organization, an Indian tribe, or a governmental entity in accordance with federal guidelines.

History: (Act 2011-641, p. 1626, §5.)