2019 Code of Alabama
Title 41 - State Government.
Chapter 14 - State Funds Generally.
Article 1 - State Depositaries.
- Section 41-14-1 - Designation of state depositaries.
- Section 41-14-2 - Application for designation action upon default or insolvency.
- Section 41-14-3 - Certification by Treasurer; order by Governor.
- Section 41-14-4 - Transfer or removal of state funds to or from state depositary.
- Section 41-14-5 - State or county officers may deposit state funds in depositaries; maximum amount of state funds which depositaries may receive, etc.
- Section 41-14-7 - Depositaries to give receipts to officers making deposits; disposition of copies of receipts, etc.
- Section 41-14-8 - Depositaries to report daily deposits to Treasurer; monthly statements of balance in depositaries to be made to Treasurer, Governor, etc.
- Section 41-14-9 - Sale of bonds, etc., deposited as security upon failure of depositary to pay check, etc., of treasurer or account for state funds generally.
- Section 41-14-10 - Sale passes title to bonds to purchaser; registration of bonds in name of purchaser.
- Section 41-14-11 - Notice of intent to surrender designation.
- Section 41-14-12 - Withdrawal of bonds, securities, etc., by bank or trust company ceasing, etc., to act as state depositary.
- Section 41-14-13 - Deposit of state funds in depositaries by state or county officers not required by article.
- Section 41-14-14 - Treasurer may deposit funds received from state or county officers in state depositaries.
- Section 41-14-15 - Governor, Treasurer, etc., to establish regulations and collection methods for transaction of business with state depositaries.
- Section 41-14-16 - Penalties for violations of provisions of article.
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