The commissioner shall issue notes for the amounts borrowed in anticipation of the collection of revenues, direct or indirect, for that year. The notes issued by the commissioner under this chapter may be renewed from time to time but all such notes and renewals thereof and the interest thereon shall be paid from revenues by the end of the fiscal year next succeeding the year in which the notes were issued.
Section: Previous 43.08.010 43.08.020 43.08.030 43.08.035 43.08.040 43.08.050 43.08.060 NextLast modified: November 15, 2016