Advanced Search

§35-5-4  Funds property of state – Withdrawal by general treasurer. –


Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
TITLE 35

Public Finance

CHAPTER 35-5

Rotary Funds

SECTION 35-5-4



   § 35-5-4  Funds property of state –

Withdrawal by general treasurer. –

All moneys deposited in any bank or trust company as rotary or rotating funds

by any disbursing officer shall be held as the property of the state subject to

the order of the disbursing officer depositing the money, and shall also be

subject to the order of and shall be withdrawn by the general treasurer at any

time upon request of the director of administration; and when so withdrawn the

moneys shall be credited to the appropriation to which the moneys were

originally charged.



History of Section.

(P.L. 1927, ch. 981, § 4; G.L. 1938, ch. 7, § 48; impl. am. P.L.

1951, ch. 2727, art. 1, § 3; G.L. 1956, § 35-5-4.)