Alabama Statutes
§ 41-4-13 — Use of Funds in Sinking Fund - Deposit of Funds in Savings Banks
Alabama § 41-4-13
This text of Alabama § 41-4-13 (Use of Funds in Sinking Fund - Deposit of Funds in Savings Banks) 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 § 41-4-13 (2026).
Text
If any state sinking funds or any part thereof cannot be invested profitably in any of the other modes provided for in this article, the Director of Finance, by and with the advice and consent of the Governor, may direct the Treasurer to deposit any sinking fund or part thereof in a reputable and solvent savings bank on the best terms obtainable.
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Legislative History
(Acts 1923, No. 436, p. 585; Code 1923, §847; Acts 1939, No. 112, p. 144; Code 1940, T. 55, §78.)
Nearby Sections
15
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Bluebook (online)
Alabama § 41-4-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/41-4-13.