Alabama Code (Last Updated: November 28, 2014) |
Title9 CONSERVATION AND NATURAL RESOURCES. |
Chapter15. PUBLIC LANDS. |
Article3. Sale or Lease of Certain Real Property by State. |
§9-15-83. Proceeds from sale to be deposited to credit of fund of state entity.
Latest version.
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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.