Code of Alabama
Ala. Code § 9-15-83 (2026)
Proceeds from Sale to Be Deposited to Credit of Fund of State Entity.
✓ official Alabama Legislature (ALISON) text, current July 2026
Whenever any real property is sold or leased under this article, the proceeds from the sale, less the expenses of the sale or lease, shall be deposited to the credit of the fund of the state department, commission, board, bureau, institution, corporation, or agency which offered the real property for sale.
(Acts 1995, No. 95-280, p. 507, §14.)