Deposit of funds--Warrant for disbursement.

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34-11A-25. Deposit of funds--Warrant for disbursement.

All funds collected on behalf of the district through the levy of taxes; all donations, contributions, bequests, or annuities; and all borrowed money received by or on behalf of the district shall be deposited in a state or national bank to the credit of the district fund and shall be drawn out only by warrant.

Source: SL 1982, ch 259, §27.


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