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§ 5-11a-11 — Alabama Law | CourtGPT
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  2. Laws/
  3. Alabama/
  4. Title 5 - Banks and Financial Institutions/
  5. Chapter 11a - Regulation of Trust Business of Banks and Trust Companies/
  6. Article 1 - General Provisions/
  7. § 5-11a-11
Alabama Legal Code

§ 5-11a-11

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The interest falling due from time to time on bonds or other securities on deposit with the State Treasurer in accordance with Section 5-11A-5 shall be payable to the corporation depositing such bonds or other securities, and the Treasurer may send to such corporation a reasonable time before each interest period the coupons or interest note representing the interest to become due at such interest period.