There are created in the treasurer of state's office the following funds:
1. A state sinking fund for public deposits in banks.
2. A state sinking fund for public deposits in credit unions.
3. A state sinking fund for public deposits in savings and loan associations and savings banks.
The funds shall be used to receive and disburse moneys pursuant to section 12C.23, subsection 3, paragraph "d".
85 Acts, ch 194, §8
CS85, § 453.25
86 Acts, ch 1237, § 28
C93, § 12C.25
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Last update: Thu Mar 18 15:00:31 CST 1999
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