Depository.

Ala. Code tit. 11, tit. 1, ch. 4, art. 3

in effect

Ala. Code § 11-4-40 Established.

11-4-40. Established. In all counties having a population of not more than 56,000 according to the 1930 federal census there shall be established a county depository in lieu of a county treasurer, except as otherwise provided by local act. (Acts 1915, No. 378, p. 348; Code 1923, §312; Acts 1932, Ex. Sess., No. 218, p. 227; Code 1940, T. 12, §43.)

Ala. Code § 11-4-41 Selection.

11-4-41. Selection. The county commission shall select as the county depository for the placing therein of county funds a qualified public depository under Chapter 14A of Title 41. Where permitted by law, the commission shall select a qualified public depository or qualified public depositories that provide proposals offering the highest rate of interest to the county on daily balances of bank deposits at the time of the selection. (Acts 1915, No. 378, p. 348; Code 1923, §316; Code 1940, T. 12, §44; Acts 1956, 2nd Ex. Sess., No. 108, p. 436; Act 2000-748, p. 1669, §2; Act 2018-149, §1.)

Ala. Code § 11-4-43 Duties and Liabilities Generally.

11-4-43. Duties and Liabilities Generally. The county depositories shall be charged with all the duties and subject to the same liabilities insofar as the receipt, disbursement, and safekeeping of funds of the county are concerned as are now imposed by law upon county treasurers in Article 2 of this chapter. (Acts 1915, No. 378, p. 348; Code 1923, §318; Code 1940, T. 12, §48.)

Ala. Code § 11-4-44 Compensation.

11-4-44. Compensation. The qualified public depository or depositories acting as county depositories pursuant to Section 11-4-41 shall not receive any compensation or commission or other allowance for services as county depositories. (Acts 1915, No. 378, p. 348; Code 1923, §320; Code 1940, T. 12, §50; Act 2000-748, p. 1669, §2.)

Ala. Code § 11-4-45 Payment of Moneys into Depository; Settlements and Reports.

11-4-45. Payment of Moneys into Depository; Settlements and Reports. All moneys heretofore required by law to be paid to the county treasurer shall be put into such bank or savings association, which is a qualified public depository under Chapter 14A of Title 41, as the county commission of said county may elect to the credit of said county and all settlements heretofore required by law to be made with said treasurer shall be made with said county commission, the receipt of said qualified public depository so designated being sufficient voucher, and all sworn reports heretofore required by law to be made by said treasurer shall be made by such county commission. (Acts 1915, No. 378, p. 348; Code 1923, §314; Code 1940, T. 12, §45; Act 2000-748, p. 1669, §2.)

Ala. Code § 11-4-46 Opening of Accounts, Disbursement of Funds, Etc.; Statement of Receipts and Disbursements.

11-4-46. Opening of Accounts, Disbursement of Funds, Etc.; Statement of Receipts and Disbursements. Accounts shall be opened and kept in said bank in such manner and funds as such county commission may direct, disbursements to be made upon the order of the county commission and said bank shall furnish said county commission with a full and detailed statement of the receipts and disbursements on the second Monday of January and July in each and every year. (Acts 1915, No. 378, p. 348; Code 1923, §315; Code 1940, T. 12, §46.)

Ala. Code § 11-4-47 Civil Actions and Proceedings by and Against Depositories.

11-4-47. Civil Actions and Proceedings by and Against Depositories. County depositories may maintain all civil actions and proceedings of every kind which county treasurers may maintain and all civil actions and proceedings may be brought against county depositories which can be brought against county treasurers, including extraordinary and summary remedies or proceedings. (Code 1923, §319; Code 1940, T. 12, §49.)

Ala. Code § 11-4-48 Execution of and Liability Upon Warrants.

11-4-48. Execution of and Liability Upon Warrants. All warrants drawn upon the depository must be signed by the probate judge of said county or the president of the county commission at the election of such county commission expressed in a resolution which must be spread upon the minutes and given to such depositories that may be selected. Such officer signing such warrants shall be liable for the amount of any warrant drawn and paid by such depositories without the authority of law. (Acts 1915, No. 378, p. 348; Code 1923, §321; Code 1940, T. 12, §51.)

Ala. Code § 11-4-49 Treasurer Appointed When No Depository Designated.

11-4-49. Treasurer Appointed When No Depository Designated. If the county commission is unable to designate any depository for the county funds in its county by reason of its inability to secure from any bank or savings association which is a qualified public depository within its limits terms for the handling of the county funds as provided in this article, satisfactory to such county commission, then such county commission may designate some individual who may act as treasurer of such county under such terms and conditions as may be fixed by said county commission. (Acts 1915, No. 378, p. 348; Code 1923, §322; Code 1940, T. 12, §52; Act 2000-748, p. 1669, §2.)

Ala. Code § 11-4-50 Performance of Duties Other Than Receipt and Disbursement of Funds.

11-4-50. Performance of Duties Other Than Receipt and Disbursement of Funds. All acts required by law to be performed with respect to county funds other than the receipt and disbursement of county funds by the county depository shall be performed by the presiding officer of the county commission or other like officer. (Acts 1915, No. 378, p. 348; Code 1923, §323; Code 1940, T. 12, §53.)

Source: Alabama Legislature (alison.legislature.state.al.us)URL: https://alison.legislature.state.al.us/code-of-alabamaFetched: 10/20/2026