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Alabama · Through Act 2026-611

Ala. Code § 45-52A-35.16: Municipal Utilities Board - Bond of Depository.

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Where this section sits in the code
  1. Title 45 Local Laws.
  2. Chapter 52A Morgan County Municipalities.
  3. Article 3 Decatur.
  4. Part 6 Utilities.

The board shall require from the depository adequate bond or securities to secure the safety of the deposit which bond or securities shall be in the sum that the board shall fix having due regard to the safety of the board’s funds.

Collected 2026-09-03T14:01:53Z. Source file · JSON

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