Ala. Code § 11-50-504
Current through the 2024 Regular Session.
All money collected from the sale of electric current or received in any way from the use of the municipal electric distribution system shall be deposited in the municipal depositories, which shall be qualified public depositories under Chapter 14A of Title 41, and shall be distributed by the board as required by the governing body of the municipality.
Ala. Code § 11-50-504 (1975)