Code of Alabama - Title 45: Local Laws - Section 45-49-142.09 - Investment of excess funds

Section 45-49-142.09 - Investment of excess funds.

If the Mobile County Commission finds or determines that the funds provided by this part, after the deductions for administrative costs and investment, exceed the financial needs of the eligible volunteer fire departments, the Mobile County Commission may invest any excess funds for future expenses or use those funds for other fire suppression or protection service programs located within Mobile County Commission District 1.

(Act 2015-258, § 10; Act 2019-152, § 1(11).)

Last modified: May 3, 2021