Section 36-17-12 Custodian of state bonds, etc., redeemed; registry of paid bonds. - Alabama Statutes

Section 36-17-12

Custodian of state bonds, etc., redeemed; registry of paid bonds.

The Treasurer is the custodian of all redeemed bonds and paid coupons of the state which must be cancelled. He must register them in a book kept for that purpose, in such manner as to show a full and complete identification by date, number, amount, rate of interest, time and place of payment and by whom issued, and such registry must be carefully preserved. All bonds of the state redeemed or paid must be cancelled and filed in the office of the Treasurer.

(Code 1867, §106; Code 1876, §106; Code 1886, §119; Code 1896, §2024; Code 1907, §631; Code 1923, §841; Code 1940, T. 55, §222.)