Sec. 3-17. Collection of state revenue. Issuance of bonds.
Sec. 3-17. Collection of state revenue. Issuance of bonds. The Treasurer shall
receive all moneys belonging to the state and disburse the same only as he is directed
by law. The Treasurer shall superintend the collection of the state taxes and revenue,
receive all such revenue and make proper entries and credits for the same. He may issue,
from time to time, registered or coupon bonds of this state in such sums as he finds
expedient, deliver the same to the retirement fund provided for in section 10-183r and
issue the same in exchange for or in lieu of any registered or coupon bonds previously
authorized to be issued; and such bonds so issued shall be payable at the same time and
bear interest at the same rate as the bonds received in exchange; and any bonds so
received in exchange for new bonds shall be cancelled by the Treasurer.
(1949 Rev., S. 111; 1969, P.A. 629, S. 2; P.A. 78-208, S. 23, 35.)
History: 1969 act provided for delivery bonds to teachers' pension fund; P.A. 78-208 substituted "retirement" for
"pension" and changed reference to repealed Sec. 10-165 to reflect reorganization of teachers' retirement system.
State treasurer cannot maintain action for penalty for violation of criminal law. 6 C. 312; 9 C. 267. Treasurer has power
to collect debt owing to state. 115 C. 560.