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42 chapters · 1,739 sections in this title.
Ala. Code § 41-14A-1 Short Title
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This chapter may be cited as the “Security for Alabama Funds Enhancement Act.” (Act 2000-748, p. 1669, §1.)
Ala. Code § 41-14A-10 Safe Loss Payment Fund
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(a) In order to facilitate the administration of this chapter, there is created the SAFE Loss Payment Fund, which shall be held and administered by the State Treasurer, for the account of the SAFE Program, separate and apart from the State General Fund. The proceeds from the sale…
Ala. Code § 41-14A-11 Liability of Public Depositors and the State
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(a) When public deposits are made in accordance with this chapter, no public depositor shall be liable for any loss thereof resulting from the default or insolvency of any qualified public depository in the absence of negligence, malfeasance, misfeasance, or nonfeasance on the pa…
Ala. Code § 41-14A-12 Disposition of Funds
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(a) The amounts in the State Treasury Operations Fund shall be applied and disbursed by the State Treasurer to pay the costs and expenses of administering the SAFE Program, and to pay the members of the board of directors the per diem and travel rates permitted by Section 41-14A-…