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.
Ala. Code § 41-14-11
Notice of Intent to Surrender Designation.
(Code 1907, §651; Code 1923, §901; Code 1940, T. 55, §389; Act 2000-748, p. 1669, §2.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.