Alabama § 41-4-64 Comptroller May Close Out Certain Inactive Funds and Transfer Balance to General Fund

Alabama Statutes

§ 41-4-64 — Comptroller May Close Out Certain Inactive Funds and Transfer Balance to General Fund

Alabama § 41-4-64

Title 41State Government

Ch. 4Department of Finance

Art. 3Division of Control and Accounts

This text of Alabama § 41-4-64 (Comptroller May Close Out Certain Inactive Funds and Transfer Balance to General Fund) 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 § 41-4-64 (2026).

Text

The state Comptroller is authorized to transfer to the State General Fund all sums carried in special funds on the books and daily balance sheets of the Comptroller but which have become inactive because all claims against them have been paid or when requests for payments from such funds have not been made or for any other reasons and a reasonable time for making such claims has been allowed. When the Comptroller transfers the balance in any special fund into the General Fund, he shall close out such special fund.

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The state Comptroller is authorized to transfer to the State General Fund all sums carried in special funds on the books and daily balance sheets of the Comptroller but which have become inactive because all claims against them have been paid or when requests for payments from such funds have not been made or for any other reasons and a reasonable time for making such claims has been allowed. When the Comptroller transfers the balance in any special fund into the General Fund, he shall close out such special fund.