Alabama Code > Title 45 > Chapter 51 > Article 12 – Employees
Current as of: 2024 | Check for updates
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Other versions
| § 45-51-120 | Participation in Employees’ Retirement System; transfer of assets and liabilities |
| § 45-51-120.01 | Holidays; personal leave days |
Terms Used In Alabama Code > Title 45 > Chapter 51 > Article 12 - Employees
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
- year: means a calendar year; but, whenever the word "year" is used in reference to any appropriations for the payment of money out of the treasury, it shall mean fiscal year. See Alabama Code 1-1-1