17-5-1514. Accounts.
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/mt/title-17/chapter-5/part-15/17-5-1514·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-5-1514 . Accounts. The board may create funds and accounts necessary to implement this part. The funds and accounts may include:
(1)a fund into which bond proceeds are deposited;
(2)a common bond fund consisting of:
(a)a common debt service account;
(b)a capital reserve account as provided in 17-5-1515 ; and
(c)an operating account for defraying the operational costs of the board; and
(3)other funds or accounts.