Section 5-2A-103 Payment of operating expenses. - Alabama Statutes

Section 5-2A-103

Payment of operating expenses.

The expenses of operating the Bureau of Credit Unions shall be paid out of such taxes, fees, assessments, penalties and other revenues collected by the bureau, and no taxes, fees, assessments, penalties or other revenues collected by the Bureau of Credit Unions shall be used for any purposes other than the expenses of operating the bureau. Any excess moneys shall be paid into the special fund in the treasury created under the provisions of Section 5-17-7, whether such excess moneys were collected prior to 1981 or collected thereafter.

(Acts 1971, No. 2293, p. 3694, §11; Code 1975, §5-2-103; Acts 1981, No. 81-852, p. 1529, §1.)