As Amended
SEC. 37-101-407. Warrants for payment of principal and interest.
The State Treasurer is hereby authorized, without further process of law, to certify to the Fiscal Management Board the necessity for warrants, and the Fiscal Management Board is hereby authorized and directed to issue such warrants payable out of any funds authorized by Sections 37-101-401 through 37-101-431 for such purpose, in such amounts as may be necessary to pay when due the principal of and interest on all bonds issued under the provisions of Sections 37-101-401 through 37-101-431. The State Treasurer shall forward the necessary amount to the designated place or places as payment of such bonds in ample time to discharge such bonds, and the interest thereon, on the due date thereof.
SOURCES: Laws, 1989, ch. 498, Sec. 4, eff from and after passage (approved April 4, 1989).