Code of Alabama - Title 41: State Government - Section 41-14-11 - Notice of intent to surrender designation

Section 41-14-11 - Notice of intent to surrender designation.

Before any voluntary surrender of its designation as a state depository, any bank or savings association shall give at least 30 days' notice to the Governor, Department of Finance and Treasurer of its purpose to cease acting as a state depositary.

(Code 1907, §651; Code 1923, §901; Code 1940, T. 55, §389; Act 2000-748, p. 1669, §2.)

Last modified: May 3, 2021