§5-11A-11. Interest on bonds or securities deposited with Treasurer payable to trust companies.  


Latest version.
  • The interest falling due from time to time on bonds or other securities on deposit with the State Treasurer in accordance with Section 5-11A-5 shall be payable to the corporation depositing such bonds or other securities, and the Treasurer may send to such corporation a reasonable time before each interest period the coupons or interest note representing the interest to become due at such interest period.

(Acts 1980, No. 80-658, §5-11-11.)