21-03-40. Sinking funds - Custodian.
39 words·~1 min read·
/nd/title-21/chapter-21-03-bonds/21-03-40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The city auditor, park district treasurer, or business manager of the school district or similarly acting officer of the respective municipality is custodian of each of its sinking funds, unless the governing body by resolution appoints the county treasurer.