(a) The amounts in the State Treasury Operations Fund shall be applied and disbursed by the State Treasurer to pay the costs and expenses of administering the SAFE Program, and to pay the members of the board of directors the per diem and travel rates permitted by Section 41-14A-6(g).
(b) Any unobligated amounts remaining in the SAFE Program Administration Fund after September 30, 2013, shall be transferred to the State Treasury Operations Fund.
Structure Code of Alabama
Chapter 14A - Security for Public Deposits.
Section 41-14A-1 - Short Title.
Section 41-14A-2 - Definitions.
Section 41-14A-3 - Public Deposits to Be Secured; Exemptions.
Section 41-14A-5 - Collateral for Public Deposits; General Provisions.
Section 41-14A-8 - Contingent Liability.
Section 41-14A-9 - Procedures for Payment of Losses.
Section 41-14A-10 - Safe Loss Payment Fund.
Section 41-14A-11 - Liability of Public Depositors and the State.
Section 41-14A-12 - Disposition of Funds.
Section 41-14A-13 - Establishment of Program Enforcement Fund.