63B-9-209 — Payment of interest, principal, and redemption premiums.
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63B-9-209. Payment of interest, principal, and redemption premiums.
The state treasurer shall:
(1) promptly pay any principal and interest due on the bonds from funds within the sinking fund; and
(2) immediately transmit the amount paid to the paying agent for the bonds.
The state treasurer shall:
(1) promptly pay any principal and interest due on the bonds from funds within the sinking fund; and
(2) immediately transmit the amount paid to the paying agent for the bonds.
Enacted by Chapter 354, 2000 General Session