Alabama § 36-17-17 - Special Trustee of State Sinking Funds.
Full text of Alabama Code of Alabama § 36-17-17 — Special Trustee of State Sinking Funds., with citation guidance and answers to common questions.
§ 36-17-17. Special Trustee of State Sinking Funds.
Sinking funds are trust funds for the equitable use and benefit of the holders and owners of the state bonds or obligations for the payment of which the sinking funds were created. The Treasurer is special trustee for the care and custody of such sinking funds after they are paid into the State Treasury. It shall be the duty of the Treasurer to take charge of, keep safely and handle the funds coming into said sinking funds.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 36-17-17
What does Code of Alabama § 36-17-17 cover?
Section 36-17-17 ("Special Trustee of State Sinking 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 § 36-17-17?
A common citation format is "Code of Alabama § 36-17-17" (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 § 36-17-17 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.