2013 Code of Alabama
Title 16 - EDUCATION.
Chapter 47 - UNIVERSITY OF ALABAMA.
Section 16-47-4 - University fund.


AL Code § 16-47-4 (2013) What's This?
Section 16-47-4University fund.

The fund designated as the University Fund consists of the sum of $36,000.00 per annum as interest on the funds of the University of Alabama, heretofore covered into the Treasury, for the maintenance and support of said institution, which said sum of $36,000.00 shall be paid to the duly authorized agent of the university as hereinafter provided; and the further sum of $25,000.00, annually, is added to and made a part of the University Fund.

(School Code 1927, §546; Code 1940, T. 52, §489.)

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