Ala. Code
Code of Alabama

Ala. Code § 16-25-22 (2026)

Purchase, Sale, Etc., of Interests or Estates in Real Property; Establishment of Facilities and Procedures for Purchase of and Payment for Equipment, Etc.

✓ official Alabama Legislature (ALISON) text, current July 2026
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(a) The Retirement Systems of Alabama, which consist of the Employees’ Retirement System of Alabama, the Teachers’ Retirement System of Alabama, and the Judicial Retirement Fund of Alabama shall have within their corporate powers the right to purchase, sell and hold title, in their own name, to any interest or estate in real property. Such property shall be exempt from all state and local ad valorem taxes and shall not be subject to regulations or laws regarding the sale or lease of state property.

(b) The Retirement Systems of Alabama shall have within their corporate powers the right to establish, as is consistent with the intent and purpose of the competitive bid laws of the State of Alabama, such facilities and procedures for the making of purchases and for the payment of all equipment and expenses reasonably necessary to the operation of the Retirement Systems of Alabama.

(Acts 1975, No. 1106, p. 2185, §2; Act 98-385, p. 732, §6.)

Notes of Decisions
Cited in 3 cases, 2002–2014 · leading case: Denson v. Bronner, 171 So. 3d 614 (Ala. 2014).
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Denson v. Bronner, 171 So. 3d 614 (Ala. 2014). · cites it 2× “See Ala.Code 1975, § 16-25-22(a) and § 36-27-3.”
Patterson v. Emerald Mountain Exp. Bridge, 856 So. 2d 826 (Ala. Civ. App. 2002). “Code 1975; § 16-25-22, Ala. Code 1975; § 31-2-80, Ala.”
Alexander v. Dothan City Bd. of Educ., 891 So. 2d 323 (Ala. Civ. App. 2004). “Code 1975, which is a component of the RSA (see § 16-25-22(a), Ala.Code 1975), pays to qualified members of the system an annual-service retirement pension amounting to “[t]wo and one-eightieth percent of the member’s average final compensation multiplied by the number of years…”
— Ala. Code § 16-25-22(a) — 2 cases
Denson v. Bronner, 171 So. 3d 614 (Ala. 2014). “See Ala.Code 1975, § 16-25-22(a) and § 36-27-3.”
Alexander v. Dothan City Bd. of Educ., 891 So. 2d 323 (Ala. Civ. App. 2004). “Code 1975, which is a component of the RSA (see § 16-25-22(a), Ala.Code 1975), pays to qualified members of the system an annual-service retirement pension amounting to “[t]wo and one-eightieth percent of the member’s average final compensation multiplied by the number of years…”
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