Any recipient who fails for any reason to continue his or her medical education may, at the discretion of the board, be required to repay all loan amounts immediately with simple interest of eight percent annually from the date of his or her departure or removal from medical school.
Ala. Code § 16-47-125
Repayment Obligation May Begin Immediately Upon Discontinuation of Medical Education.
(Acts 1977, No. 663, p. 1125, §§6, 11; Acts 1994, No. 94-103, p. 110, §1.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.