(a) If a government unit fails to collect and remit in full all amounts due to the bank on the date these amounts are due under the terms of any note or other obligation of the government unit, the bank shall notify the appropriate state officials who shall withhold all or a portion of the funds of the state and all funds administered by the state and its agencies, boards, and instrumentalities allotted or appropriated to the government unit and apply an amount necessary to the payment of the amount due.
(b) Nothing contained in this Code section mandates the withholding of funds allocated to a government unit which would violate contracts to which the state is a party, the requirements of federal law imposed on the state, or judgments of a court binding on the state.
Section: Previous 32-10-120 32-10-121 32-10-122 32-10-123 32-10-124 32-10-125 32-10-126 32-10-127 32-10-128 32-10-129 32-10-130 32-10-131 32-10-132 32-10-133 NextLast modified: October 14, 2016