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This entry was published on 2014-09-22
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SECTION 104
Examination and inventory of state securities
State Finance (STF) CHAPTER 56, ARTICLE 7
§ 104. Examination and inventory of state securities. The comptroller,
from time to time, shall examine the securities on which money may be
due to the state, and make inquiries relating to the sufficiency of the
security for the payment of such money. He shall require the immediate
payment of all interest due, and the payment of such part of the
principal as he deems necessary for the security and interest of the
state. The commissioner of taxation and finance and the comptroller,
jointly, at the close of each fiscal year shall make an inventory of all
securities belonging to the state in duplicate and file it with the
department of taxation and finance and the department of audit and
control.