Code of Alabama - Title 45: Local Laws - Section 45-49A-63.105 - Return of contributions

Section 45-49A-63.105 - Return of contributions.

The city may recover without interest the amount of its contributions to the plan made on account of a mistake in fact, reduced by any investment loss attributable to those contributions, if recovery is made within one year after the date of those contributions.

(Act 97-689, p. 1379, § 7(6.06).)

Last modified: May 3, 2021