The board of fund commissioners shall require the bank selected as state's fiscal
agent to transmit to them, within thirty days after payment of any installment of
interest or bonds, an exact copy of the account between the bank and the fund commissioners,
with an abstract of the coupons or bonds taken up by the bank, and the coupons or
bonds. The abstract and coupons or bonds shall be carefully compared by the fund commissioners,
and if correct, the fund commissioners shall certify to the fiscal agent the correctness
of the abstract, and credit the fiscal agent with the amount of bonds or coupons paid,
as shown by the abstract.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.