67-1221. FISCAL AGENCY IN NEW YORK CITY. The state treasurer may appoint a reputable bank in the city of New York as fiscal agent of the state of Idaho. Such fiscal agent may, under the instructions of the state treasurer, receive and pay out moneys for the state of Idaho. The state treasurer shall, in selecting such fiscal agent, obtain the best terms possible for handling any business of the state which requires payment in the city of New York. Any commissions or charges or expenses for services shall be a proper charge, in the following order, against:
(1) The proceeds of any bond or note sale for which such fiscal agent is appointed, or
(2) The office appropriation of the state treasurer.
Upon formal application to the state treasurer by the holder of any bond or obligation of the state of Idaho, both principal and interest may be paid in the city of New York by such fiscal agent. In all other respects, the provisions of the state depository law must obtain.
History:
[(67-1221) 1921, ch. 60, sec. 1, p. 112; I.C.A., sec. 65-1121; am. 1976, ch. 42, sec. 25, p. 106; am. 1977, ch. 224, sec. 1, p. 669; am. 1983, ch. 69, sec. 1, p. 154.]
Structure Idaho Code
Title 67 - STATE GOVERNMENT AND STATE AFFAIRS
Section 67-1201 - DUTIES OF TREASURER.
Section 67-1202 - FUNDS OF STATE BOARD OF LAND COMMISSIONERS.
Section 67-1203B - RECOMMENDATION OF THE TYPES AND KINDS OF INVESTMENTS.
Section 67-1204 - MONEY TO BE KEPT IN OFFICE — PENALTY.
Section 67-1205 - GENERAL FUND DEFINED — PAYMENT OF INTEREST.
Section 67-1206 - TRANSFERS OF BALANCES IN FUNDS.
Section 67-1207 - TEMPORARY DIVERSION OF REVENUES TO CEASE ON ACCOMPLISHMENT OF PURPOSE.
Section 67-1209 - SUSPENSE FUND.
Section 67-1210 - INVESTMENT OF IDLE MONEYS.
Section 67-1210A - ADDITIONAL ALLOWABLE INVESTMENTS BY THE STATE TREASURER.
Section 67-1210B - ABILITY TO CONTINUE TO INVEST.
Section 67-1211 - PAYMENT OF WARRANTS.
Section 67-1212 - UNPAID WARRANTS — INTEREST — RECORD.
Section 67-1213 - REFUSAL TO PAY WARRANTS — PENALTY — CANCELLATION.
Section 67-1214 - DELIVERY OF BONDS SOLD OUTSIDE STATE.
Section 67-1215 - NOTICE OF CALL OF WARRANTS.
Section 67-1216 - INSPECTION OF TREASURER’S OFFICE.
Section 67-1217 - TREASURER’S OFFICE — INSPECTION BY GOVERNOR.
Section 67-1218 - SEAL OF OFFICE — CERTIFIED COPIES OF DOCUMENTS AS EVIDENCE.
Section 67-1220 - OFFICIAL BOND.
Section 67-1221 - FISCAL AGENCY IN NEW YORK CITY.
Section 67-1223 - IDAHO COMMEMORATIVE SILVER MEDALLIONS ISSUED BY THE STATE TREASURER.
Section 67-1225 - POWERS AND DUTIES OF CREDIT RATING ENHANCEMENT COMMITTEE.
Section 67-1226 - LOCAL GOVERNMENT INVESTMENT POOL.
Section 67-1227 - INVESTMENT AT REQUEST OF STATE AGENCY.