Indiana § 36-7-23-45 Deposit of funds

Indiana Statutes

§ 36-7-23-45 — Deposit of funds

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 23 Multiple County Infrastructure Authority

All money of the authority, except as
provided in this chapter, shall be deposited as soon as practicable in a
separate account or accounts in one (1) or more financial institutions.
The money in these accounts shall be paid on checks signed by the
chair or other officers or employees of the authority or by wire transfer
or other electronic means that the board authorizes. All deposits of
money shall, if required by the board, be secured in a manner that the
board determines to be prudent.

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All money of the authority, except as
provided in this chapter, shall be deposited as soon as practicable in a
separate account or accounts in one (1) or more financial institutions.
The money in these accounts shall be paid on checks signed by the
chair or other officers or employees of the authority or by wire transfer
or other electronic means that the board authorizes. All deposits of
money shall, if required by the board, be secured in a manner that the
board determines to be prudent.

Indiana § 36-7-23-45 (Deposit of funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.