Alabama Code > Title 40 > Chapter 20 > Article 3 – County Oil and Gas Severance Tax Trust Funds
Current as of: 2024 | Check for updates
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Other versions
| § 40-20-50 | Collection of severance taxes; deposit into fund; distribution of investment income; trustees; escrow agents; limitations |
Terms Used In Alabama Code > Title 40 > Chapter 20 > Article 3 - County Oil and Gas Severance Tax Trust Funds
- Escrow: Money given to a third party to be held for payment until certain conditions are met.