Alabama § 22-6-259 - Investments of Funds.

Full text of Alabama Code of Alabama § 22-6-259 — Investments of Funds., with citation guidance and answers to common questions.

§ 22-6-259. Investments of Funds.

The State Treasurer shall invest the funds in the Medicaid Emergency Reserve Fund in investments that are eligible investments for the State Treasurer, as authorized by subsections (b), (c), and (d) of Section 41-14-30. All interest earned on the investment of money in the reserve fund shall be credited to the State General Fund. The State Treasurer shall receive no fees or compensation for his or her work in complying with this section.

Source: official Alabama text · Last verified 2026-08-27

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Frequently Asked Questions About Alabama § 22-6-259

What does Code of Alabama § 22-6-259 cover?

Section 22-6-259 ("Investments of Funds.") 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 § 22-6-259?

A common citation format is "Code of Alabama § 22-6-259" (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 § 22-6-259 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.