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Ala. Code § 45-49A-81.03

Donations or Gifts to Fund.

(Acts 1956, 1st Sp

Monies or other things of value may be donated to the fund by any person, firm, or corporation. Such donations or gifts may be outright, in which such event the corpus thereof shall become a portion of the fund, or may be held in trust by the person or persons responsible for the operation of the fund, with the profits or income therefrom becoming a part of the fund.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.