Alabama Constitution Section 265 Annual payment of interest on funds of University of Alabama authority to abolish military system at university
Here is a clear summary and explanation of Alabama Constitution – Section 265:
📜 Section 265 – University of Alabama Funds & Military System
Full Text (Paraphrased for Clarity):
The State of Alabama must annually pay interest on the University of Alabama’s trust fund.
This interest must be paid out of the state treasury at the rate set by law.
Additionally, the military system at the University can be abolished, but only if authorized by the legislature.
Key Provisions:
💰 Annual Interest Payment:
The University of Alabama has a permanent fund or trust.
The state must pay annual interest on this fund to support the university.
The interest rate is set by law, not by the university or any other entity.
🎖️ Military System Clause:
The university maintains a military system (likely referring to ROTC or a military training program).
This system cannot be removed or abolished unless the legislature explicitly authorizes it.
Purpose and Impact:
Guarantees a steady stream of income to support the operations of the University of Alabama through interest on its endowment/trust fund.
Provides state control over military education at the university—ensuring it’s not removed without legislative approval.
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