Alabama Code 40-17-273. Collection of taxes and fees; escrow
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Terms Used In Alabama Code 40-17-273
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
The department may collect any motor fuel taxes and fees due the members of the agreement under the provisions therein, and may deposit taxes and fees collected into an escrow account, until the time as the taxes and fees can be distributed to the respective members.