Code of Alabama
Article 1 - State Depositaries.
Section 41-14-1 - Designation of State Depositaries.

The Governor may designate any bank or savings association which is a qualified public depositary under Chapter 14A of this title as a state depositary as provided in this article.

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Structure Code of Alabama

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.