Alabama § 11-3-14 - Disposition of Funds from Special Tax Levy.
Full text of Alabama Code of Alabama § 11-3-14 — Disposition of Funds from Special Tax Levy., with citation guidance and answers to common questions.
§ 11-3-14. Disposition of Funds from Special Tax Levy.
The county commission may deposit any funds arising from any special tax levied to pay bonds issued by said county which are in excess of amounts then payable on said bonds in some solvent savings bank in the State of Alabama in the name of the county or invest the same in interest-bearing securities issued by the United States government or by the State of Alabama. The interest accruing on such deposit or from such securities shall be a part of such special fund and shall be devoted to the same uses as the principal of said fund. The county commission shall require adequate bond of said bank to secure the safety of said deposit, which bond shall be in such sum as such county commission shall fix, having due regard to the safety of county funds.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 11-3-14
What does Code of Alabama § 11-3-14 cover?
Section 11-3-14 ("Disposition of Funds from Special Tax Levy.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 11-3-14?
A common citation format is "Code of Alabama § 11-3-14" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 11-3-14 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.