Alabama § 22-6-259 Investments of Funds

Alabama Statutes

§ 22-6-259 — Investments of Funds

Alabama § 22-6-259

Title 22Health, Mental Health, and Environmental Control

Ch. 6Medicaid Program

Art. 12Medicaid Emergency Reserve Fund Act

This text of Alabama § 22-6-259 (Investments of Funds) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 22-6-259 (2026).

Text

The State Treasurer shall invest the funds in the Medicaid Emergency Reserve Fund in investments that are eligible investments for the State Treasurer, as authorized by subsections (b), (c), and (d) of Section 41-14-30. All interest earned on the investment of money in the reserve fund shall be credited to the State General Fund. The State Treasurer shall receive no fees or compensation for his or her work in complying with this section.

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The State Treasurer shall invest the funds in the Medicaid Emergency Reserve Fund in investments that are eligible investments for the State Treasurer, as authorized by subsections (b), (c), and (d) of Section 41-14-30. All interest earned on the investment of money in the reserve fund shall be credited to the State General Fund. The State Treasurer shall receive no fees or compensation for his or her work in complying with this section.