Alabama Code (Last Updated: November 28, 2014) |
Title16 EDUCATION. |
Chapter33C. WALLACE-FOLSOM PREPAID COLLEGE TUITION TRUST FUND. |
§16-33C-23. Actuary deficits.
Latest version.
-
The PACT Board is expressly authorized to negotiate, accept, and implement a legally binding resolution with PACT purchasers and beneficiaries to address any actuarial deficit in the PACT Trust Fund, which includes all powers granted elsewhere in this chapter and all other powers necessary or convenient under this section.