No part of the net earnings of an authority remaining after payment of its expenses shall inure to the benefit of any private entity or person.
Ala. Code § 11-92B-16
Disposition of Funds.
(Act 2009-337, p. 569, §16.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.