Trust assets; indebtedness

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§ 1684. Trust assets; indebtedness

The auditors shall make a detailed statement showing:

(1) the condition of all trust funds in which the town is interested and a list of the assets of such funds, including the account of receipts and disbursements for the preceding year;

(2) what bonds of the town are outstanding and the rate of interest and the amount thereof; and

(3) what interest-bearing notes or orders of the town are outstanding and the serial number, date, amount, payee, and rate of interest of each and the total amount thereof. (Amended 2017, No. 130 (Adj. Sess.), § 13.)


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