All money received by a political subdivision pursuant to Sections 3-7-140 and 3-7-170 shall be deposited in such fund or funds as may be designated in the agreement and if the agreement does not make such designation the money shall be deposited in such fund or funds as the governing body of such political subdivision shall by appropriate resolution direct.
HISTORY: 1962 Code Section 59-108.1; 1952 Code Section 59-108.1; 1942 Code Section 2795; 1939 (41) 529.