16-54-8
Section 16-54-8 Treasurer - Generally; bond. The trustees shall elect a treasurer, who shall
not be a trustee, who shall receive, hold and pay out all moneys belonging to the university
or that may be paid in for the necessary expenses of students in the university or for their
use and benefit, and the treasurer shall hold office for the term and receive such compensation
as may be fixed by the trustees. Before entering upon the duties of the office, the treasurer
must give bond in such penalty as the trustees may fix, payable to the University of Montevallo,
with conditions that he or she will faithfully receive, safely keep and lawfully pay out,
and promptly, fully and fairly account for all moneys or choses in action which may come to
him or her by virtue of the office, and the trustees may require a new bond, or an additional
bond, whenever they judge that the interest of the university requires it. The business manager
or chief financial officer by whatever name appointed by the...
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16-60-31
Section 16-60-31 Treasurer - Election; duties; term of office; compensation; bond. The board
of trustees shall also elect a treasurer for the college who shall not be a trustee. The treasurer
shall receive, hold and pay out all moneys belonging to the college, or that may be paid in
for the necessary expenses of any student in the college or for the use and benefit of any
such student. The treasurer shall hold office for the term and receive the compensation fixed
for such office by the board of trustees. Before entering upon his duties, the treasurer must
give bond in such penalty as the trustees prescribe, payable to the college, conditioned that
he will faithfully receive, safely keep and lawfully pay out, and promptly, fully and fairly
account for all money or choses in action which may come to him by virtue of his office, and
the trustees may require a new bond or an additional bond whenever, in their opinion, the
interests of the college require it. (Acts 1961, No. 888, p. 1397,...
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16-60-61
Section 16-60-61 Treasurer - Generally. The board of trustees shall also elect a treasurer
for the college who shall not be a trustee. The treasurer shall receive, hold and pay out
all moneys belonging to the college, or that may be paid in for the necessary expenses of
any student in the college, or for the use and benefit of any such student. The treasurer
shall hold office for the term and receive the compensation fixed for such office by the board
of trustees. Before entering upon his duties, the treasurer must give bond in such penalty
as the trustees prescribe, payable to the college, conditioned that he will faithfully receive,
safely keep and lawfully pay out, and promptly, fully and fairly account for all money or
choses in action which may come to him by virtue of his office, and the trustees may require
a new bond, or an additional bond, whenever, in their opinion, the interests of the college
require it. (Acts 1961, Ex. Sess., No. 151, p. 2095, §12.)...
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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state, shall
execute a compact, in substantially the following form, with the State of Mississippi, and
the Legislature approves and ratifies the compact in the form substantially as follows: Northeast
Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states solemnly
agree: Article I. The purpose of this compact is to promote and develop trade, commerce, industry,
and employment opportunities for the public good and welfare in northeast Mississippi and
northwest Alabama through the establishment of a joint interstate authority to acquire certain
railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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16-54-9
Section 16-54-9 Treasurer - Removal. Whenever the funds in the hands of the treasurer or funds
about to be received by the office are in danger of being lost, the trustees or president
may remove the treasurer from office and take all funds and choses in action belonging to
the university or any student therein, and may, in that event, appoint a temporary custodian
with bond or security to hold such funds. (School Code 1927, §508; Code 1940, T. 52, §464;
Acts 1979, No. 79-225, p. 342, §1.)...
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16-47-34
Section 16-47-34 Powers generally. The board of trustees has the power to organize the university
by appointing a corps of instructors, who shall be styled the faculty of the university, and
such other officers as the interest of the university may require; to remove such instructors
or officers, and to fix their salaries or compensation, and increase or reduce the same at
their discretion; to institute, regulate, alter or modify the government of the university,
as it may deem advisable; to prescribe courses of instruction, rates of tuition and price
of board and regulate the necessary expenses of students; and to confer such degrees as are
usually conferred by similar institutions. It may delegate to the faculty of the university,
or other officers, such powers and functions in the government of the students and in the
administration of the affairs of the university as it may deem proper; but in no case shall
any person be authorized to receive, hold or disburse any funds of the...
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16-25-20
Section 16-25-20 Management of funds. (a) (1) The Board of Control shall be the trustees of
the several funds of the Teachers' Retirement System created by this chapter as provided in
Section 16-25-21, and shall have full power to invest and reinvest the funds, through its
Secretary-Treasurer, in the classes of bonds, mortgages, common and preferred stocks, shares
of investment companies or mutual funds, or other investments as the Board of Control may
approve, with the care, skill, prudence, and diligence under the circumstances then prevailing
that a prudent man acting in a like capacity and familiar with the matters would use in the
conduct of an enterprise of a like character and with like aims; and, subject to like terms,
conditions, limitations, and restrictions, the Board of Control, through its Secretary-Treasurer,
shall have full power to hold, purchase, sell, assign, transfer, and dispose of any investments
in which the funds created herein shall have been invested, as well...
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40-22-2
Section 40-22-2 Mortgages, deeds of trust, etc., generally. No mortgage, deed of trust, contract
of conditional sale, or other instrument of like character which is given to secure the payment
of any debt which conveys any real or personal property situated within this state or any
interest therein or any security agreement or financing statement provided for by the Uniform
Commercial Code, except a security agreement or a financing statement relating solely to security
interests in accounts, contract rights, or general intangibles, as such terms are defined
in the Uniform Commercial Code, and except for the re-recordation of corrected mortgages,
deeds, or instruments executed for the purpose of perfecting the title to real or personal
property, specifically, but not limited to, corrections of maturity dates thereof, shall be
received for record or for filing in the office of any probate judge of this state unless
the following privilege or license taxes shall have been paid upon such...
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16-54-7
Section 16-54-7 Secretary of trustees and university. The trustees of the university shall
elect a secretary, who shall hold office for the term and receive such compensation as may
be fixed by the trustees and shall perform such services as may be required of him or her.
The president of the institution may serve in this position at the pleasure of the trustees.
(School Code 1927, §506; Code 1940, T. 52, §462; Acts 1979, No. 79-225, p. 342, §1.)...

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16-47-30
Section 16-47-30 Composition; terms of office; election; vacancies; compensation. The state
university shall be under the control of the board of trustees, which shall consist of two
members from the congressional district in which the university is located, and one from each
of the other congressional districts in the state, the State Superintendent of Education and
the Governor, who shall be ex officio president of the board. The members of the board of
trustees, as now constituted, shall hold office until their respective terms expire under
existing law and until their successors shall be elected and confirmed, as hereinafter required.
Successors to those trustees whose terms expire in 1902 shall hold office until 1907; successors
to those whose terms expire in 1904 shall hold office until 1911; successors to those trustees
whose terms expire in 1906 shall hold office until 1915; and thereafter their successors shall
hold office for a term of 12 years. When the term of any member of...
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