ยง29-16 - Treasury as depository; duties of comptroller.
ยง29-16ย Treasury as depository; duties of
comptroller.ย All federal-aid moneys received by the State, except as
otherwise provided for by the federal government, shall be deposited with the
director of finance and shall be disbursed upon warrants drawn by the
comptroller of the State supported by vouchers approved by the board,
commission, department, or officer having charge of the expenditure of the
moneys by virtue of the plan, agreement, or arrangement entered into or made
with the proper federal agency.
The comptroller may prescribe and maintain such
system of accounts and accounting as may be required by the federal government,
or any agency thereof, in carrying out the objects and purposes of the plan,
agreement, or arrangement. [L 1939, c 196, ยง3; RL 1945, ยง404; RL 1955, ยง12-6;
am L 1957, c 152, ยง1; am L Sp 1959 2d, c 1, ยง14; am L 1963, c 114, ยง1; HRS
ยง29-16]