As Amended
SEC. 27-105-307. When no bids submitted; board to readvertise.
When no bid is made by any qualified financial institution in the county or in the adjoining county to qualify as a depository at the January meeting, the board of supervisors shall readvertise at some subsequent meeting for a depository and select same, in the manner provided by law.
SOURCES: Codes, Hemingway's 1917, Sec. 4236; 1930, Sec. 4342; 1942, Sec. 9146; Laws, 1914, ch. 257; 1916, ch. 208; 1985, ch. 514, Sec. 18, eff from and after October 1, 1985.