6-10-47. [Safekeeping and insurance of money and securities in
72 words·~1 min read·
/nm/chapter-6-public-finances/article-10-public-money/6-10-47·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
state treasury; payment of cost.]
The state board of finance shall have power to contract for the safekeeping and insurance of all monies or securities in the state treasury, the cost of such safekeeping and insurance to be paid out of the interest on deposit fund upon warrants drawn by the state auditor.
History: Laws 1923, ch. 76, § 28; C.S. 1929, § 112-128; 1941 Comp., § 7-244; 1953 Comp., § 11-2-47.