31-31-27 - Issuance of warrants for payment of bonds.
§ 31-31-27. Issuance of warrants for payment of bonds.
The State Treasurer is authorized to certify to the State Fiscal Officer the necessity for warrants, and the State Fiscal Officer is authorized and directed to issue such warrants, in such amounts as may be necessary to pay when due the principal of, premium, if any, and interest on, or the accredited value of, all bonds issued under this chapter; and the State Treasurer shall forward the necessary amount to the designated place or places of payment of such bonds in ample time to discharge such bonds, or the interest on the bonds, on their due dates.
Sources: Laws, 1995, ch. 628, § 14, eff from and after July 1, 1995 (became law without the Governor's signature).