2015 Code of Alabama
Title 36 - PUBLIC OFFICERS AND EMPLOYEES.
Chapter 27A - PUBLIC EMPLOYEES INDIVIDUAL RETIREMENT ACCOUNT FUND.
Section 36-27A-3 - Authority of board to promulgate rules and regulations.
The board of control is hereby empowered and authorized to promulgate such rules and regulations as may be necessary to implement the provisions of this chapter, and to define terms, words and/or phrases incident thereto, provided such rules shall conform to the requirements of the Internal Revenue Code. The board of control may in its discretion adopt one or more tax deferred savings plans authorized by the federal government if it finds that doing so will offer substantial tax benefits to any segment of the public employees covered under the provisions of this chapter.
(Acts 1982, 2nd Ex. Sess., No. 82-776, p. 278, §3; Acts 1986, Ex. Sess., No. 86-685, p. 80, §3.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
