Ala. Code § 45-52A-35.16

Current through the 2024 Regular Session.

Section 45-52A-35.16 - Municipal Utilities Board - Bond of depository

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.

Ala. Code § 45-52A-35.16 (1975)

Acts 1939, No. 89, p. 47, § 18.