6-1-3. Deposit of funds permitted despite bank connection of public officer.
44 words·~1 min read·
/sd/title-6/chapter-6-1/6-1-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A bank may be designated as the official depository of county, municipal, township, or school district funds, notwithstanding that an officer, director, stockholder, or employee of a bank is an elected or appointed officer or treasurer of such county, municipality, township, or school district.