Indiana Code 23-14-65-24. Placement of bonds or other securities in safety deposit box
Current as of: 2023 | Check for updates
|
Other versions
Sec. 24. To protect bonds or other securities held by a cemetery board, the cemetery board shall place them in a safety deposit box in the vault of a reliable financial institution located in the municipality. One (1) key to the box shall be retained by each of the following:
(2) The controller or clerk-treasurer of the municipality.
(1) A member of the cemetery board who is designated by the cemetery board.
Terms Used In Indiana Code 23-14-65-24
- cemetery board: means :
Indiana Code 23-14-65-1
- municipality: means a city or town. See Indiana Code 23-14-65-4
(3) The financial institution.
As added by P.L.52-1997, SEC.39.