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.
The funds shall be used to receive and disburse moneys pursuant to section 12C.23, subsection 3, paragraph "d" and section 12C.23A, subsection 3, paragraph "d".
85 Acts, ch 194, §8
CS85, § 453.25
86 Acts, ch 1237, § 28
C93, § 12C.25
99 Acts, ch 117, §13, 15; 2000 Acts, ch 1154, §2
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