Interest on Bonds or Securities Deposited with Treasurer Payable to

Ala. Code § 5-11A-11 — under Title 5.

Ala. Code § 5-11A-11

Trust Companies.

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.

History: (Acts 1980, No. 80-658, §5-11-11.)