Section 36-17-10 Payment of interest. - Alabama Statutes

Section 36-17-10

Payment of interest.

It is the duty of the fiscal agent to pay the interest on the bonded indebtedness of the state, upon presentation of the proper coupons and checks and, upon payment, to immediately cancel such coupons and checks and to forward the same to the Treasurer, by express or otherwise, as he directed.

(Code 1886, §124; Code 1896, §2022; Code 1907, §629; Code 1923, §839; Code 1940, T. 55, §220; Acts 1983, 1st Ex. Sess., No. 83-78, p. 83, §1.)