12-1672


Chapter 12.--CITIES AND MUNICIPALITIES


Article 16.--MISCELLANEOUS PROVISIONS

     
12-1672.   Certain investments; exception to budget law.
Moneys disbursed by such municipalities for investments and time deposit
certificates authorized by law shall not be considered expenditures for
purposes of the budget law.

     
History:   L. 1967, ch. 95, § 2; July 1.