Alabama § 16-13A-9 - Reserve Funds.
Full text of Alabama Code of Alabama § 16-13A-9 — Reserve Funds., with citation guidance and answers to common questions.
§ 16-13A-9. Reserve Funds.
(a) A local board of education shall develop a plan to establish and maintain a minimum reserve fund equal to one month’s operating expenses. Also, a local board of education shall develop a plan to replenish its reserve fund after any withdrawal is made pursuant to subsection (b).
(b) Local boards of education are authorized to expend such reserve funds if either of the following occur:
(1) The Governor declares proration in the Education Trust Fund.
(2) Total state funds appropriated by the Legislature to the local boards of education are less than the same appropriation for the preceding fiscal year.
Frequently Asked Questions About Alabama § 16-13A-9
What does Code of Alabama § 16-13A-9 cover?
Section 16-13A-9 ("Reserve Funds.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 16-13A-9?
A common citation format is "Code of Alabama § 16-13A-9" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 16-13A-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.