Alabama § 45-51A-32.25 - Custodian of Assets.
Full text of Alabama Code of Alabama § 45-51A-32.25 — Custodian of Assets., with citation guidance and answers to common questions.
§ 45-51A-32.25. Custodian of Assets.
The Comptroller of the City of Montgomery, or his or her duly appointed assistant, shall, subject to the right of change hereinafter provided, be the custodian of all assets belonging to the Montgomery Firefighters Pension Fund. The comptroller, or his or her duly appointed assistant, shall be liable on his or her official bond for the faithful performance of the duties imposed upon him or her under this subpart and for the faithful accounting for all monies, securities, and things of value which come into his or her hands as custodian, and he or she shall keep a separate account thereof which shall at all times reflect the true condition of the funds. The trustees of the Montgomery Firefighters Pension Fund, at their discretion, may select another custodian in lieu of the Comptroller of the City of Montgomery or his or her duly appointed assistant, who shall be responsible for all pension funds and all other assets belonging to the Montgomery Firefighters Pension Fund delivered to it, such selection by the trustees shall be limited to a state or national bank doing business in Alabama.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-51A-32.25
What does Code of Alabama § 45-51A-32.25 cover?
Section 45-51A-32.25 ("Custodian of Assets.") 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 § 45-51A-32.25?
A common citation format is "Code of Alabama § 45-51A-32.25" (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 § 45-51A-32.25 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.