The rate of depository interest to be paid by the depositories selected in accordance with ยง 14-123-314 and by those depositories selected in accordance with existing laws shall be such as, in the opinion of the board of directors or commissioners, is consistent with the security given and for the best interests of the district. However, if the board is unable to secure any interest on its deposits, then it is authorized to make such deposits without interest.
Section: Previous 14-123-303 14-123-304 14-123-305 14-123-306 14-123-307 14-123-308 14-123-309 14-123-310 14-123-311 14-123-312 14-123-313 14-123-314 14-123-315 14-123-316 NextLast modified: November 15, 2016