Section 41-9-532 Receipt of gifts, contributions, etc., by board and vesting of title thereto; expenditure of funds; maintenance of account of receipts and expenditures and inventory of gifts.
Section 41-9-532
Receipt of gifts, contributions, etc., by board and vesting of title thereto; expenditure of funds; maintenance of account of receipts and expenditures and inventory of gifts.
The advisory board is hereby empowered on behalf of the State of Alabama to receive appropriations, gifts, contributions of money and objets d'art consistent with the purpose for which the advisory board is created. Title to all gifts, articles and moneys received by the advisory board shall be vested in the State of Alabama and shall remain in the custody and control of the advisory board. The advisory board is authorized to accept loans of furniture and other objects as in its discretion it deems suitable.
The advisory board shall be empowered to expend such funds as it may receive under this article in such manner as it deems appropriate and consistent with the purposes set forth herein.
The advisory board shall keep an account of all receipts and expenditures as well as an inventory of gifts.
(Acts 1971, No. 2329, p. 3756, §3.)