Code of Alabama - Title 45: Local Laws - Section 45-49A-63.126 - Compensation and bonding

Section 45-49A-63.126 - Compensation and bonding.

No board member shall receive any compensation from the plan for his or her services as such; however, board members may be reimbursed for any actual expenses they incur on board business. No bond or other security shall be required of any board member in that capacity.

(Act 97-689, p. 1379, § 8(7.07).)

Last modified: May 3, 2021