§38-7 Responsibility of director.
70 words·~1 min read·
/hi/chapter-38/38-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§38-7 Responsibility of director. The director shall not be responsible for any moneys deposited in a depository under this chapter, but the State through its director shall be chargeable with the safekeeping of the bonds deposited with the director as security for deposits of state money, and of the proceeds of any sale of the bonds made under this chapter. [L 1970, c 51, pt of §1; gen ch 1985]