Ala. Code § 38-14-5
Current with legislation from 2024 effective through July 1, 2024.
Before becoming eligible to receive matching funds to pay for qualified purposes, individual development account owners shall complete a financial literacy education course offered by a qualified financial institution, a qualified fiduciary organization, an Indian tribe, or a governmental entity in accordance with federal guidelines.
Ala. Code § 38-14-5 (1975)