Section 11-4-49
Treasurer appointed when no depository designated.
If the county commission is unable to designate any depository for the county funds in its county by reason of its inability to secure from any bank or savings association which is a qualified public depository within its limits terms for the handling of the county funds as provided in this article, satisfactory to such county commission, then such county commission may designate some individual who may act as treasurer of such county under such terms and conditions as may be fixed by said county commission.
(Acts 1915, No. 378, p. 348; Code 1923, §322; Code 1940, T. 12, §52; Act 2000-748, p. 1669, §2.)