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36-27-25
Section 36-27-25 Funds for assets of retirement system - Management. (a) The Board of Control
shall be the trustees of the several funds of the Employees' Retirement System created by
this article as provided in Section 36-27-24 and shall have full power to invest and reinvest
the funds, through its Secretary-Treasurer in the classes of bonds, mortgages, common and
preferred stocks, shares of investment companies or mutual funds, or other investments as
the Board of Control may approve, with the care, skill, prudence, and diligence under the
circumstances then prevailing that a prudent person acting in a like capacity and familiar
with such matters would use in the conduct of an enterprise of a like character and with like
aims. Subject to like terms, conditions, limitations and restrictions, the Board of Control,
through its Secretary-Treasurer, shall have full power to hold, purchase, sell, assign, transfer,
and dispose of any investments in which the funds created in Section...
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16-25-11
Section 16-25-11 Creditable service. (a) Under such rules and regulations as the Board of Control
shall adopt, each person who was a teacher prior to October 1, 1940, and who under the provisions
of this chapter makes up contributions plus eight percent compound interest on such contributions
for the time said teacher taught as a nonmember and who becomes a member prior to October
1, 1974, shall file a detailed statement of all service as a teacher rendered by him prior
to October 1, 1940, for which he claims credit. The Board of Control shall fix and determine
by appropriate rules and regulations how much service in any year is equivalent to one year
of service, but in no case shall it allow any credit for a period of absence without pay for
more than one month's duration, nor shall more than one year of service be creditable for
all service in one calendar year. Service rendered for a regular school year shall be equivalent
to one year's service. Subject to the above restrictions and...
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11-96-4
Section 11-96-4 Limited purpose agencies; defined; governing board; bi-annual audit; delegation
of responsibility; service area; consultation and planning. (a) A limited purpose agency qualifying
for funds from the community services administration block grant is a community-based and
-operated program which: (1) Was designated as an eligible entity to receive funds from the
community services block grant program under Public Law 97-115, the "Older Americans
Act Amendments of 1981" or administer a head start program. (2) Performs the functions
of community action agencies, but which is not technically a community action agency. (3)
Received funds in fiscal year 1981 under Section 221 and Section 222(a) or under Title IV
of the Economic Opportunity Act of 1964. (b) Each limited purpose agency shall administer
its programs through a governing board consisting of 15 to 50 members. This board shall be
representative of the population of its service area, and representative of the poor, as...
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11-25-1
Section 11-25-1 Authorized; power to appropriate space and funds; filing of resolutions. The
governing body of each county by resolution thereof shall have the power to establish and
maintain a county law library for each courthouse in their respective counties for the use
and benefit of the county and state officials, court system, and the public; and shall have
the power to appropriate and set aside for the establishment, maintenance, and support of
said libraries, such space and funds as it shall deem necessary and appropriate. All resolutions
setting up county law libraries shall be filed in the probate office of the county where located
and with the Administrative Director of Courts. (Acts 1979, No. 79-751, p. 1336, §1.)...
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16-60-26
Section 16-60-26 Appropriations by counties and municipalities therein for college; use of
public school funds. The governing bodies of the Counties of Franklin, Marion and Winston
and of each municipality in such counties are hereby authorized to appropriate funds in their
respective treasuries, not otherwise appropriated, to be used for the acquisition of land
and the construction thereon of buildings suitable for the college, or for the purchase of
existing buildings adaptable to use for the college and the lands on which they are located.
After the establishment of the college, such counties and the municipalities therein may make
annual appropriations for the maintenance, support and operation of the college. The board
of education of each of these counties and the board of education of every incorporated municipality
having such a board within these counties may allocate, use and expend public school funds
under their jurisdiction in aid of the establishment, maintenance and...
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16-60-56
Section 16-60-56 Appropriations by counties and municipalities therein for college; use of
public school funds. The governing bodies of the Counties of Jackson and DeKalb, and of each
municipality in such counties, are hereby authorized to appropriate funds in their respective
treasuries, not otherwise appropriated, to be used for the acquisition of land and the construction
thereon of buildings suitable for the college, or for the purchase of existing buildings adaptable
to use for the college and the lands on which they are located. After the establishment of
the college, such counties and the municipalities therein may make annual appropriations for
the maintenance, support and operation of the college. The board of education of each of these
counties and the board of education of every incorporated municipality, having such a board,
within these counties may allocate, use and expend public school funds under their jurisdiction
in aid of the establishment, maintenance and operation...
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36-27-11
Section 36-27-11 Determination of prior creditable service; computation of creditable service
at retirement; procedure for restoration of creditable service to certain persons; payment
of makeup contributions by certain persons. (a) Under such rules and regulations as the Board
of Control shall adopt, each member who was an employee prior to October 1, 1945, and who
has made up contributions for time served as a nonmember and who becomes a member prior to
September 1, 1966, shall file a detailed statement of all service as an employee rendered
by him prior to October 1, 1945, for which he claims credit. (b) The Board of Control shall
fix and determine by appropriate rules and regulations how much service in any year is equivalent
to one year of service, but in no case shall it allow any credit for a period of absence without
pay of more than one month's duration, nor shall more than one year of service be creditable
for all service in one calendar year. (c) Subject to the restrictions...
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45-37A-54.07
Section 45-37A-54.07 Petition for election in issuance of bonds. If, in the opinion of the
park and recreation board of any such city, the funds available for such purposes be inadequate
to provide ample, appropriate, and suitable grounds, buildings, and equipment for all the
needed parks, park areas, park boulevards, playgrounds, park and playground systems, recreation
centers, and other recreational facilities and activities of such city, the park and recreation
board may petition the governing body of such city to call an election for the issuance of
bonds on the credit of the city in an amount sufficient to provide the necessities of such
city in these respects, subject to the limitations set out in the constitution of the state,
and the governing body of such city shall call or cause to be called the election at the time
requested in the petition. (Acts 1923, No. 529, p. 707, §8.)...
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41-9-328
Section 41-9-328 Appropriations by counties and municipalities. The county commission of any
county or governing body of any municipality in this state shall be authorized, by resolution
duly adopted and recorded, to appropriate any available public funds not otherwise pledged
to the use of any such commission. (Acts 1969, No. 994, p. 1760, §10.)...
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45-28A-42.56
Section 45-28A-42.56 Recordkeeping. The board of trustees or custodian of funds designated
by the board shall make a monthly report to the governing body of the city employing such
policemen and firemen concerning the condition of such policemen's and firemen's retirement
fund. The board of trustees shall keep minutes of every meeting in a well bound book designed
for that purpose which minute book shall be available to any contributing member of the police
department or fire department on his or her request. Each six months the board of trustees
shall post in a conspicuous place in each police station and each fire station in the city
a statement itemizing all receipts, disbursements, expenditures, and pensions paid by the
board for the preceding six months' period, stating in detail the source of such receipts,
and to whom all such expenditures, disbursements, and pension payments were made, together
with the amount of each. All such records shall be available to any contributing...
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