Section 41-14-1 Designation of state depositaries. The Governor may designate any bank or savings association which is a qualified public depositary under Chapter 14A of this title as a state depositary as provided in this article. (Code 1907, §641; Code 1923, §891; Code 1940, T. 55, §379; Act 2000-748, p. 1669, §2.)
Section 41-14-10 Sale passes title to bonds to purchaser; registration of bonds in name of purchaser. THIS SECTION WAS REPEALED BY ACT 2000-748, 2000 REGULAR SESSION, EFFECTIVE JANUARY 1, 2001. (Code 1907, §649; Code 1923, §899; Code 1940, T. 55, §387.)
Section 41-14-11 Notice of intent to surrender designation. 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. (Code 1907, §651; Code 1923, §901; […]
Section 41-14-12 Withdrawal of bonds, securities, etc., by bank or trust company ceasing, etc., to act as state depositary. THIS SECTION WAS REPEALED BY ACT 2000-748, 2000 REGULAR SESSION, EFFECTIVE JANUARY 1, 2001. (Code 1907, §650; Code 1923, §900; Code 1940, T. 55, §388; Acts 1947, No. 411, p. 301, §5.)
Section 41-14-13 Deposit of state funds in depositaries by state or county officers not required by article. Nothing in this article shall be construed as requiring county or state officers to place state funds in state depositaries, and they may pay such funds into the State Treasury as now provided by law. (Code 1907, §654; […]
Section 41-14-14 Treasurer may deposit funds received from state or county officers in state depositaries. The Treasurer, by and with the approval of the Governor, may place all funds or any part thereof paid to him by county or state officers or any other funds that he may have at any time on hand in […]
Section 41-14-15 Governor, Treasurer, etc., to establish regulations and collection methods for transaction of business with state depositaries. The Governor, the Department of Finance and the Treasurer are authorized to establish such regulations and collection methods not inconsistent with the provisions of this article as they may deem necessary for the convenient transaction of business […]
Section 41-14-16 Penalties for violations of provisions of article. Any state or county officer, or state depositary or agent thereof, who shall violate any of the provisions of this article shall be guilty of a misdemeanor and may, on conviction, be fined not more than $2,500.00; and, in addition to the fine, such state or […]
Section 41-14-2 Application for designation action upon default or insolvency. Before any bank or savings association shall be designated as a state depositary, it shall be designated as a qualified public depository under Chapter 14A of this title, and it shall file with the State Treasurer an application in writing to be designated as a […]
Section 41-14-3 Certification by Treasurer; order by Governor. Upon the filing of such application with the State Treasurer, the Treasurer shall certify to the Governor the fact of such application and the sworn statement accompanying the same, and thereupon the Governor may designate the applicant as a state depositary. In the event the application is […]
Section 41-14-4 Transfer or removal of state funds to or from state depositary. The state may pay any state depositary for the transfer or removal of funds to or from the state depositary, item handling charges, and for any other services performed by the state depositary. Payment for transfers, removals, item handling charges, and other […]
Section 41-14-5 State or county officers may deposit state funds in depositaries; maximum amount of state funds which depositaries may receive, etc. Any state or county officer in this state having in his possession or under his control funds or moneys belonging to the state may place the same in a state depositary to the […]
Section 41-14-7 Depositaries to give receipts to officers making deposits; disposition of copies of receipts, etc. Each state depositary shall give to the officer placing funds or moneys therein to the credit of the Treasurer a receipt therefor in duplicate, and such officers shall immediately mail to the Department of Finance a duplicate of the […]
Section 41-14-8 Depositaries to report daily deposits to Treasurer; monthly statements of balance in depositaries to be made to Treasurer, Governor, etc. Each state depositary shall report in writing at the close of each business day to the Treasurer the total amount of all sums placed therein for his account on that day, by whom […]
Section 41-14-9 Sale of bonds, etc., deposited as security upon failure of depositary to pay check, etc., of treasurer or account for state funds generally. Repealed effective January 1, 2001, by Act 2000-748, §3. (Code 1907, §648; Code 1923, §898; Code 1940, T. 55, §386; Acts 1947, No. 411, p. 301, §4.)
