Alabama Code > Title 45 > Chapter 35A > Article 5 > Part 6 – Pension and Retirement System
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§ 45-35A-55 | Participation in Employees’ Retirement System; transfer of assets and liabilities |
Terms Used In Alabama Code > Title 45 > Chapter 35A > Article 5 > Part 6 - Pension and Retirement System
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.