Ala. Code
Code of Alabama

Ala. Code § 16-33C-23 (2026)

Actuary Deficits.

✓ official Alabama Legislature (ALISON) text, current July 2026
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The PACT Board is expressly authorized to negotiate, accept, and implement a legally binding resolution with PACT purchasers and beneficiaries to address any actuarial deficit in the PACT Trust Fund, which includes all powers granted elsewhere in this chapter and all other powers necessary or convenient under this section.

(Act 2012-198, p. 328, §2.)

Notes of Decisions
Cited in 1 case, 2012–2012 · leading case: Perdue ex rel. Perdue v. Green, 127 So. 3d 343 (Ala. 2012).
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Perdue ex rel. Perdue v. Green, 127 So. 3d 343 (Ala. 2012). “It further notes the legislature’s contemporaneous enactment of § 16-33C-23, which grants to the PACT board broad powers “to negotiate, accept, and implement a legally binding resolution with PACT purchasers and beneficiaries to address any actuarial deficit in the PACT Trust…”
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