State Affairs and Government

CHAPTER 42-10.1
Public Finance Management Board

SECTION 42-10.1-5

§ 42-10.1-5. Fees authorized – Fund established.

In connection with the discharge of its duties under this chapter, the board is authorized to charge and impose fees for its services upon the lead underwriter or purchaser of any affected debt issue, bond, or note in an amount equal to one-fortieth of one percent (1/40%) of the issued principal amount of the issue. Amounts received under this section shall be deposited as general revenue.

History of Section.
(P.L. 1986, ch. 477, § 1; P.L. 1995, ch. 370, art. 40, § 129.)