6-10-7. Retirement of certificates.
76 words·~1 min read·
/nm/chapter-6-public-finances/article-10-public-money/6-10-7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Such certificates of indebtedness shall be paid within two years after date upon order of the department of finance and administration. Any balance remaining in the special fund created for the proceeds of the issuance and sale of the certificates of indebtedness shall be first applied. Any additional amount required for retirement of such certificates shall be paid from the state general fund.
History: 1953 Comp., § 11-2-3.5, enacted by Laws 1963, ch. 36, § 3.