Section 16-17A-22 - Disposition of excess revenues.

AL Code § 16-17A-22 (2019) (N/A)
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No part of the net earnings of an authority remaining after payment of its expenses shall inure to the benefit of any person other than a university, a governmental entity, a political corporation, or any nonprofit corporation that is an organization described in Section 501(c)(3) of the Internal Revenue Code.