257B.31 - SCHOOL FUND ACCOUNT -- SETTLEMENT.
257B.31 SCHOOL FUND ACCOUNT -- SETTLEMENT.
The auditor shall also keep, in books to be provided for that
purpose, an account to be known as the permanent school fund account,
in which a memorandum of the notes, mortgages, bonds, money, and
assets which may come into the auditor's hands and those of the
treasurer shall be entered, and separate accounts of principal and
interest be kept. The county treasurer shall also keep an account
and record of all school funds coming into the county treasurer's
hands. Settlements of the account shall be made with the board of
supervisors at its January and June sessions, and the settlements
shall be recorded with the proceedings of the board. Section History: Early Form
[R60, § 1990, 1991; C73, § 1876, 1877; C97, § 2853; C24, 27, 31,
35, 39, § 4498; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81,
§ 302.31] Section History: Recent Form
83 Acts, ch 185, § 21, 62
C93, § 257B.31
Referred to in § 331.552