Whenever any real property is sold or leased under this article, the proceeds from the sale, less the expenses of the sale or lease, shall be deposited to the credit of the fund of the state department, commission, board, bureau, institution, corporation, or agency which offered the real property for sale.
Alabama Legal Code
Section 9-15-83 - Proceeds from Sale to Be Deposited to Credit of Fund of State Entity
Source: https://alison.legislature.state.al.us/code-of-alabama?section=9-15-83· Version 2026