Alabama § 45-27-246.04 - Distribution of Funds from Escambia County Courthouse and County Jail Trust Fund.
Full text of Alabama Code of Alabama § 45-27-246.04 — Distribution of Funds from Escambia County Courthouse and County Jail Trust Fund., with citation guidance and answers to common questions.
§ 45-27-246.04. Distribution of Funds from Escambia County Courthouse and County Jail Trust Fund.
The funds received by Escambia County prior to June 1, 1989, from severance tax or privilege tax on oil and gas under any general law, including Sections 40-20-1 through 40-20-13, or any local law whatsoever, and deposited in the county treasury designated as the Escambia County Courthouse and County Jail Trust Fund, shall be distributed as follows:
(1) All the interest from such investment shall be deposited in the county general fund.
(2) Up to five hundred thousand dollars ($500,000) of the principal shall be deposited in the county general fund.
(3) The remaining principal shall be deposited as principal into the Escambia County Oil and Gas Severance Trust as established in Subpart 2. The earned interest that is generated by this transfer of principal shall be expended according to the provisions of Subpart 2.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-27-246.04
What does Code of Alabama § 45-27-246.04 cover?
Section 45-27-246.04 ("Distribution of Funds from Escambia County Courthouse and County Jail Trust Fund.") 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 § 45-27-246.04?
A common citation format is "Code of Alabama § 45-27-246.04" (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 § 45-27-246.04 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.