3-37-4. Finance receipts.
103 words·~1 min read·
/nm/chapter-3-municipalities/article-37-municipal-finances/3-37-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. A municipal official receiving money for the municipality shall make a receipt in not less than duplicate form which shall show the:
(1)amount received;
(2)date of payment; and
(3)account for which payment is made. One copy shall be made available to the person paying money to the municipality.
B. In lieu of a receipt, a municipal official may mark "paid" and the date paid on the portion of a municipal utility bill or statement to be retained by the payer and on the portion retained by the municipality.
History: 1953 Comp., § 14-36-4, enacted by Laws 1965, ch. 300.