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State Treasure Young Boozer

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Judge dismisses Birmingham-Southern's $30 million loan lawsuit against state treasurer

Originally Published 2 years ago — by AL.com

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Source: AL.com

A judge has dismissed Birmingham-Southern College's lawsuit against State Treasurer Young Boozer over the denial of a $30 million loan request. The judge ruled that Boozer had the authority to deny the loan, even though Birmingham-Southern claimed he exceeded his authority. The college is considering its next move, which may include an appeal to the Alabama Supreme Court.