Section 41-14-3

Certification by Treasurer; order by Governor.

Upon the filing of such application with the State Treasurer, the Treasurer shall certify to the Governor the fact of such application and the sworn statement accompanying the same, and thereupon the Governor may designate the applicant as a state depositary.

In the event the application is granted by the Governor, he shall promulgate an order declaring that the applicant is a state depositary until its authority is revoked.

(Code 1907, §643; Code 1923, §893; Code 1940, T. 55, §381; Acts 1943, No. 14, p. 17; Acts 1947, No. 411, p. 301, §2; Act 2000-748, p. 1669, §2.)