2024 Code of Alabama
Title 45 - Local Laws.
Chapter 57 - Russell County.
Article 20 - Licenses and Licensing.
Part 3 - Motor Vehicle Licenses.
Subpart 1 - Motor Vehicle License Commissioner.
Section 45–57–202 - Special Reserve Fund for Payment of Losses Incurred from Worthless Checks and Other Instruments.
Section 45–57–202
Special Reserve Fund for Payment of Losses Incurred from Worthless Checks and Other Instruments.
(a) The Russell County Commission shall establish from its general fund a
special reserve fund of up to five thousand dollars ($5,000) per fiscal year in
the budget of the Russell County Motor Vehicle License Commissioner to pay for
losses incurred in accepting worthless or forged checks, drafts, negotiable
instruments, money orders, or written order for money or its equivalent for the
payment of ad valorem taxes or fees pursuant to the purchase of an automobile
tag if the mistake or omission causing the loss was without the personal
knowledge of the official. Upon the
establishment of the fund, the commissioner shall be responsible for all
documentation, maintenance, and accounting of the reserve account. The commissioner may deduct an amount
equal to the uncollectible negotiable instrument against the reserve fund,
provided that all legal remedies shall be pursued to collect the unpaid item.
Upon the collection of an unpaid item, all funds received in payment shall be
deposited into the reserve account.
(b) The commissioner shall ensure that his or her employees exercise due
care in performing their duties
and make a diligent effort
to correct the error,
mistake, or omission and collect the amount subject to potential loss immediately upon becoming aware of the potential loss. This section shall not apply to a deliberate misuse or
misappropriation of funds by the official or the clerks or employees of his or
her office.
(Act 93–670, p. 1208, §§ 1, 2.)