Deposit of funds in department's hands

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32-2-1020. Deposit of funds in department's hands. All funds in the hands of the department belonging to a mutual association in process of liquidation must be deposited in the department's name in those financial institutions in the state and designated by it and subject to its checks. Those funds must be preferred and protected as provided in this chapter.

History: En. Sec. 107, Ch. 431, L. 2021.


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