| Code of Alabama |
| Match Context and Document information |
| URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/5-23-4.htm |
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| Depth: | 0 singles |
| Size: | 834 bytes |
| Modified: | 2004-09-23 08:59:18 |
| Categories: | -None- |
| Title: | 5-23-4 |
| Description: | -None- |
| Keywords: | -None- |
| Meta data: | -None- |
| Body: | Section 5-23-4 Proceeds. The net proceeds of the state fees shall be transmitted to the state Comptroller and distributed as follows: (1) Seventy-five percent to the Foundation for Local Schools as provided in Chapter 26C of Title 16, to be allocated to the credit of local school systems. (2) Twenty-five percent to the Penny Trust Fund as established by Amendment 512 of the Constitution of Alabama of 1901, and by Chapter 15A of Title 41. (Acts 1990, No. 90-524, p. 764, §5; Act 98-319, p. 535, §11.) |