2005 Idaho Code - 25-2506 — DEPOSIT AND DISBURSEMENT OF FUNDS

                                  TITLE  25
                                   ANIMALS
                                  CHAPTER 25
                              IDAHO HORSE BOARD
    25-2506.  DEPOSIT AND DISBURSEMENT OF FUNDS. Immediately upon receipt, all
moneys received by the board shall be deposited in one or more separate
accounts in the name of the board in one or more banks or trust companies
approved under the provisions of chapter 27, title 67, Idaho Code, as state
depositories. The board shall designate such banks or trust companies. All
moneys so deposited are hereby appropriated to the Idaho horse board for the
purpose of carrying out the provisions of this chapter.
    Moneys can be withdrawn or paid out of such accounts only upon checks or
other orders upon such accounts signed by two (2) officers designated by the
board.
    Any assessments or money that may be deposited hereunder with the
treasurer of the state of Idaho shall be paid to the board, and the state
treasurer shall be reimbursed for the reasonable and necessary expenses
incurred.
    The right is reserved to the state of Idaho to audit the funds of the
board at any time.