The general assembly hereby finds and declares that, since the state currently experiences and may hereafter experience fluctuations in revenues and expenditures and temporary cash flow deficits resulting in the temporary inability to pay proper expenses from currently budgeted and appropriated revenues of its various funds and since the state must maintain its reputation for timely payment to its creditors and suppliers, this part 9 is necessary for the immediate preservation of the public peace, health, and safety.
Source: L. 86: Entire part R&RE, p. 967, § 1, effective July 1.
Editor's note: This section is similar to former § 24-75-902 as it existed prior to 1986.