27-105-37 - Acceptance by banks of checks payable to state agency.
§ 27-105-37. Acceptance by banks of checks payable to state agency.
All banks in this state are required to accept all checks and drafts that are payable to any state department, agency, board or commission, only for deposit to the credit of the particular payee to which such checks or drafts are payable, or to issue cashier's checks, certified checks and similar exchange in the name of and on behalf of the particular payee.
Sources: Laws, 1974, ch. 372, eff from and after passage (approved March 18, 1974).