§ 320 — Commissioner of taxation and finance custodian of fund

§ 320. Commissioner of taxation and finance custodian of fund. The\ncommissioner of taxation and finance shall be the custodian of the\nspecial fund for workmen's compensation for civil defense volunteers and\nall disbursements for compensation therefrom shall be paid by him upon\ndrafts signed by the chairman or those authorized by the chairman for\nthat purpose. The commissioner of taxation and finance shall give a\nseparate and additional bond in an amount to be fixed by and with\nsureties approved by the state comptroller conditioned for the faithful\nperformance of his duty as custodian of the fund. The commissioner of\ntaxation and finance may deposit any portion of the fund not needed for\nimmediate use, in the manner and subject to all the provisions of law\nrespecting the deposit of state funds by him. Interest earned by such\nportion of the fund deposited by the commissioner of taxation and\nfinance shall be collected by him and placed to the credit of the fund.\n