Code of Alabama - Title 38: Public Welfare - Section 38-14-5 - Financial literacy education

Section 38-14-5 - Financial literacy education.

Before becoming eligible to receive matching funds to pay for qualified purposes, individual development account owners shall complete a financial literacy education course offered by a qualified financial institution, a qualified fiduciary organization, an Indian tribe, or a governmental entity in accordance with federal guidelines.

(Act 2011-641, p. 1626, §5.)

Last modified: May 3, 2021