Ala. Code § 5-11A-11: Interest on Bonds or Securities Deposited with Treasurer Payable to Trust Companies.
Where this section sits in the code
- Title 5 Banks and Financial Institutions.
- Chapter 11A Regulation of Trust Business of Banks and Trust Companies.
- 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