Indiana Statutes

§ 5-13-8-13 — Resignation as depository

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 13 INVESTMENT OF PUBLIC FUNDS·Ch. 8 Designation of Depositories
Any depository designated under this chapter may resign as a depository and relinquish all public funds on deposit with the depository. The resignation is effective after thirty (30) days notice in writing to the state board of finance and after settlement with the proper board of finance for all public funds on deposit with the depository.

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Legislative History

As added by P.L.19-1987, SEC.10. Amended by P.L.46-1997, SEC.9.

Nearby Sections

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