The State Treasurer is authorized to adopt such rules and regulations as may be necessary to implement the Alabama state-sponsored credit card program. The rules may include, without limitation, provisions governing the procedures for contacting financial institutions to determine if they would accept the state as a sponsoring entity for a credit card program and for negotiating, and collecting, the rate for the state’s fee. The financial institution which administers the program may name or rename the card.
Ala. Code § 5-23-5
Rules and Regulations.
(Acts 1990, No. 90-524, p. 764, §6; Act 98-319, p. 535, §12.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.