70-29-330. Duty of clerk as to security and investments.
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/mt/title-70/chapter-29/part-3/70-29-330·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
70-29-330 . Duty of clerk as to security and investments. The clerk of court in whose name a security is taken or by whom an investment is made and the clerk's successors in office:
(1)must receive the interest and principal as it becomes due and shall apply and invest the interest and principal as the court may direct;
(2)shall deposit with the county treasurer all securities taken; and
(3)shall keep an account of investments and money received and the disposition of the investments and money in a book provided and kept for that purpose in the clerk's office that is free for inspection by all persons.