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Alabama · Through Act 2026-611

Ala. Code § 5-11A-11: Interest on Bonds or Securities Deposited with Treasurer Payable to Trust Companies.

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Where this section sits in the code
  1. Title 5 Banks and Financial Institutions.
  2. Chapter 11A Regulation of Trust Business of Banks and Trust Companies.
  3. Article 1 General Provisions.

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.

Collected 2026-09-03T14:01:52Z. Source file · JSON

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