Public Finance

Rotary Funds

SECTION 35-5-2

§ 35-5-2. Disbursing officers – Bonds.

Any state department or agency, with the approval of the director, may appoint one or more disbursing officers who shall have the custody and full charge of, and be responsible for the proper disposition of, funds. Every disbursing officer so appointed shall furnish bonds running to the state for such a sum and with such sureties as may be approved by the general treasurer, and all bonds shall be deposited with the general treasurer.

History of Section.
(P.L. 1927, ch. 981, § 2; G.L. 1938, ch. 7, § 46; impl. am. P.L. 1951, ch. 2727, art. 1, § 3; G.L. 1956, § 35-5-2.)