Whenever any real property is sold or leased under this article, the proceeds from the sale, less the expenses of the sale or lease, shall be deposited to the credit of the fund of the state department, commission, board, bureau, institution, corporation, or agency which offered the real property for sale.
Structure Code of Alabama
Title 9 - Conservation and Natural Resources.
Article 3 - Sale or Lease of Certain Real Property by State.
Section 9-15-70 - Applicability; Reservation of Rights.
Section 9-15-71 - Real Property Owned by State to Be Sold or Leased by Auction or Sealed Bids.
Section 9-15-72 - Lands Division Responsible for Selling or Leasing Property.
Section 9-15-75 - Advertising.
Section 9-15-78 - Bids to Be Publicly Taken by Director; Notice; Bids to Become Public Record.
Section 9-15-80 - Certain Persons Prohibited From Bidding on or Purchasing Property.
Section 9-15-81 - Criminal and Civil Actions and Penalties for Violations of Article.
Section 9-15-82 - Article Not to Apply to Certain Transfers, Reversions, Sales, Etc.
Section 9-15-83 - Proceeds From Sale to Be Deposited to Credit of Fund of State Entity.