Code of Alabama
Article 2 - Director of Finance.
Section 41-4-38 - Cash Management Improvement Act of 1990 - Administration; Appropriation From State General Fund.

(a) The Cash Management Improvement Act of 1990, Public Law 101-453, October 24, 1990, (CMIA), imposes requirements for the timely transfer of funds between a federal agency and a state, and for the exchange of interest where transfers are not made in a timely fashion. The Director of Finance is hereby authorized to make provision for such net interest payments required to be made to the federal government. All state agencies, boards, bureaus, departments and institutions shall cooperate fully with the requirements imposed by the Director of Finance in accumulating all the necessary data elements to fully comply with all the provisions of the CMIA.
(b) There is hereby appropriated annually from the State General Fund a sufficient amount to pay the net interest costs due to the federal government in accordance with the provisions of CMIA for all state agencies, boards, bureaus, departments and institutions which maintain their funds in the State Treasury. All state agencies, boards, bureaus, departments and institutions which maintain their funds outside the State Treasury shall pay from their own funds the net interest costs due as a result of their exchange of funds with the federal government.

Structure Code of Alabama

Code of Alabama

Title 41 - State Government.

Chapter 4 - Department of Finance.

Article 2 - Director of Finance.

Section 41-4-30 - Head of Department; Chief Financial Officer of State; Advisor to Governor and Legislature; Appointment; Term of Office; Filling of Vacancies; Oath of Office; Full-Time Position; Conflicts of Interest.

Section 41-4-31 - Bond.

Section 41-4-32 - Exercise of Functions and Duties of Department of Finance.

Section 41-4-33.1 - State-Owned Surplus Property Transferred to Volunteer Fire Departments; Determination by Forestry Commission; Approval by Department; Penalty for Unauthorized Use; Final Disposition of Property.

Section 41-4-33.2 - Applicability of Section; Use of Public Funds, etc., by Ambulance Services, etc., Authorized; Penalty for Unauthorized Use; Final Disposition of Property.

Section 41-4-34 - Duty as to Offices and Rooms in Capitol and Other Locations in Montgomery.

Section 41-4-35 - Promulgation and Effect of Rules and Regulations; Enforcement and Amendment of Rules and Regulations.

Section 41-4-36 - Inspection and Production of Books, Records, Accounts, etc.; Examination of Witnesses.

Section 41-4-37 - Creation of Additional Divisions in Department; Assignment of Functions and Duties of Divisions.

Section 41-4-38 - Cash Management Improvement Act of 1990 - Administration; Appropriation From State General Fund.

Section 41-4-39 - Director of Finance Authorized to Designate an Individual to Serve in His or Her Place on Multi-Member Bodies.