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.
‹ Prev All Alabama sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.