Title 36 — Title 36
0 chapters · 1,118 sections in this title.
Ala. Code § 36-31-1 Designation and Prescription of Powers and Duties of Trustees
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Each governing body in the State of Alabama including the council, commission or similar governing body of each municipal corporation, the board of directors of each incorporated municipal board, the county commission of each county, the board of education of each city, the board…
Ala. Code § 36-31-2 Compensation of Trustee
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The governing bodies may pay the trustee a reasonable compensation either out of the fund administered by the trustee or out of the general funds of the governing bodies. History: (Acts 1963, No. 540, p. 1158, §2.)
Ala. Code § 36-31-3 Applicability of Provisions of Chapter
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This chapter shall apply to each and every retirement and pension plan enacted by the Legislature of the State of Alabama which does not specifically designate a trustee, board of trustees, committee or other person or persons to administer, invest, reinvest, hold or dispense fun…