Alabama § 45-49A-63.171 - Termination of Plan.
Full text of Alabama Code of Alabama § 45-49A-63.171 — Termination of Plan., with citation guidance and answers to common questions.
§ 45-49A-63.171. Termination of Plan.
The city may terminate the plan with the consent of the majority of the plan’s members at the time of the termination, for any reason at any time. In case of termination of the plan, the rights of members to their benefits as of the date of the termination, to the extent then funded or protected by law, if greater, shall be nonforfeitable. The fund shall be used for the exclusive benefit of persons entitled to benefits under the plan as of the date of termination, except as provided in Section 45-49A-63.105. However, any funds not required to satisfy all liabilities of the plan for benefits because of erroneous actuarial computation shall be returned to the city. In the event of a partial termination of the plan, this section shall be applicable to the members affected by that partial termination.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-49A-63.171
What does Code of Alabama § 45-49A-63.171 cover?
Section 45-49A-63.171 ("Termination of Plan.") 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 § 45-49A-63.171?
A common citation format is "Code of Alabama § 45-49A-63.171" (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 § 45-49A-63.171 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.