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47 chapters · 1,084 sections in this title.
Ala. Code § 36-17-1 Bond
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Before entering on the duties of his office, the Treasurer shall execute to the State of Alabama a bond, to be approved by the Governor, in the amount of $150,000.00, for the faithful performance of his duties. (Acts 1943, No. 122, p. 123, § 1; Acts 1961, Ex. Sess., No. 208, p. 2…
Ala. Code § 36-17-10 Payment of Interest
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It is the duty of the fiscal agent to pay the interest on the bonded indebtedness of the state, upon presentation of the proper coupons and checks and, upon payment, to immediately cancel such coupons and checks and to forward the same to the Treasurer, by express or otherwise, a…
Ala. Code § 36-17-11 When Treasurer Not Liable for Loss in Providing for Payment of Interest
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The Treasurer shall not be liable for any loss or damage sustained by the state in carrying out the provisions of Section 36-17-8, which does not result from any fault or negligence on his part. (Code 1886, §125; Code 1896, §2023; Code 1907, §630; Code 1923, §840; Code 1940, T. 5…
Ala. Code § 36-17-12 Custodian of State Bonds, Etc., Redeemed; Registry of Paid Bonds
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The Treasurer is the custodian of all redeemed bonds and paid coupons of the state which must be cancelled. He must register them in a book kept for that purpose, in such manner as to show a full and complete identification by date, number, amount, rate of interest, time and plac…