4-6A-11. Ascertainment of public deposits and insurance when depository restrained or taken in possession--Certification to public depositors.
72 words·~1 min read·
/sd/title-4/chapter-4-6/4-6a-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of determining the sums to be paid pursuant to § 4-6A-10 , the Public Deposit Protection Commission shall, within twenty days after issuance of a restraining order or the taking of possession of any qualified public depository, ascertain the amount of public funds on deposit therein as disclosed by its record and the accounts thereof insured by deposit insurance and certify such insured accounts to each such public depositor.