All anticipation warrants issued under the provisions of sections 26-12-110 to 26-12-118 shall bear interest at a rate determined by the state department and shall be executed in such a manner, shall be paid serially in such annual installments, beginning not later than two years and extending not more than twenty-five years from the date thereof, and shall be executed and paid at such place or places as the executive director shall determine.
Source: L. 98: Entire article R&RE, p. 188, § 1, effective April 10.
Editor's note: This section is similar to former § 26-12-112 as it existed prior to 1998.