Alabama Code (Last Updated: November 28, 2014) |
Title41 STATE GOVERNMENT. |
Chapter14. STATE FUNDS GENERALLY. |
Article1. State Depositaries. |
§41-14-11. Notice of intent to surrender designation.
Latest version.
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Before any voluntary surrender of its designation as a state depository, any bank or savings association shall give at least 30 days' notice to the Governor, Department of Finance and Treasurer of its purpose to cease acting as a state depositary.