40-1005. INTEREST CEASES TEN DAYS AFTER CALL. Interest on any warrant shall cease on the expiration of ten (10) days from the time of the posting of the notice. For all sums which may be paid by the treasurer, as interest on any warrant, after the expiration of ten (10) days from the earliest date at which there were sufficient funds with which to have called and paid the warrant, the treasurer and his sureties shall be liable upon his official bond.
History:
[40-1005, added 1985, ch. 253, sec. 2, p. 643.]