68-595. Same; surplus in general fund of township; payment to county treasurer, when.
68-595
68-595. Same; surplus in general fund of township; payment to countytreasurer, when.If the township board of any township which is located in a countyoperating under the provisions of this act and which township shall nothave made an ad valorem tax levy for its general fund for one (1) or moreyears immediately preceding shall determine, by resolution, there is asurplus in the general fund of such township, then said township board maydirect the treasurer of such township to pay a stated amount of suchsurplus out of the general fund of such township to the county treasurer,and upon receipt of said payment the county treasurer shall credit the sameto a special fund and the board of county commissioners shall expend suchspecial fund for the construction and maintenance of roads in the townshipfrom which such payment was received, which expenditure shall be inaddition to funds expended by the county in such township from the regularcounty road and bridge fund or from levies made under the provisions ofthis act.
History: L. 1970, ch. 273, § 5; July 1.