Section 167:20-a Authorization.
For the purpose of medical care services, the department of health and human services may be authorized to make an advance, through the state treasurer, and under a contract approved by governor and council, of funds necessary to provide working capital funds, to a fiscal agent processing payments to medical vendors. The fiscal agent shall post bond in the amount of said advance and shall thereafter submit monthly, or more often, required detail of payments processed which shall then be reimbursed by the state to the said fiscal agent.
Source. 1967, 396:10. 1983, 291:1. 1995, 310:181, eff. Nov. 1, 1995.