§ 36.33.070. Investment in warrants on tax refund fund
Whenever the county treasurer deems it expedient and for the best interests of the county he may invest any moneys in the county current expense fund in outstanding warrants on the county tax refund fund in the following manner: When he has determined the amount of moneys in the county current expense fund available for investment, he shall call, in the order of their issuance, a sufficient number of warrants drawn on the county tax refund fund as nearly as possible equaling in amount but not exceeding the moneys to be invested, and upon presentation and surrender thereof he shall pay to the holders of such warrants the face amount thereof and the accrued interest thereon out of moneys in the county current expense fund.
[1963 c 4 § 36.33.070. Prior: 1943 c 61 § 1; Rem. Supp. 1943 § 5545-10.]
Sections: Previous 36.33.010 36.33.020 36.33.030 36.33.040 36.33.060 36.33.065 36.33.070 36.33.080 36.33.090 36.33.100 36.33.120 36.33.130 36.33.140 36.33.150 36.33.160 NextLast modified: April 7, 2009