Administrative direction and supervision by secretary of state--Independent functions retained by board.

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4-1-4. Administrative direction and supervision by secretary of state--Independent functions retained by board.

The Board of Finance shall be administered under the direction and supervision of the secretary of state, but shall retain the quasi-judicial, quasi-legislative, advisory, other nonadministrative, and special budgetary functions (as defined in §1-32-1) otherwise vested in it and shall exercise those functions independently of the secretary of state.

Source: SL 1974, ch 6, §2.


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