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About: Alabama State Treasurer     Goto   Sponge   NotDistinct   Permalink

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The Alabama State Treasurer acts as the head banker for the State of Alabama, handling deposits, withdrawals, redemptions of state warrants and investments of state funds. The position was created in 1819 when Alabama became a state. Its constitution established the Office of the Treasurer of State, a position that would be elected by the legislature. Individuals serving as state treasurer were elected annually by the General Assembly from 1819 to 1861. Beginning in 1861, the treasurer was elected biennially from until 1868 and was elected by popular vote for a term of two years in 1868. Arthur Bingham's election in 1868 marked the first time a Republican would hold the office. Kay Ivey in 2002 would become the second Republican to hold the office. The treasurer began to be elected to a fo