TITLE 74: PUBLIC FINANCE
CHAPTER V: TREASURER
PART 600 BANKING AND AUTOMATED TELLER MACHINE SERVICES
SECTION 600.170 ADMINISTRATIVE EXPENSES


 

Section 600.170  Administrative Expenses

 

a)         The administrative expenses of the Program shall be paid from the Treasurer's Rental Fee Fund. 

 

b)         In the event that the Treasurer is obligated to pay administrative expenses of the Program, but the Treasurer's Rental Fee Fund has insufficient funds to make that payment, the obligation to pay the administrative expenses may accrue, but the Treasurer shall not pay the administrative expenses until such time as the Treasurer's Rental Fee Fund has sufficient earnings to support the payment.