(a) Subject to the conditions and limitations provided in §§ 19-3-308 — 19-3-317, a bank or savings and loan association may be designated as a bank depository.
(b) (1) A bank or savings and loan association is not required to act as a bank depository.(2) However, the acceptance of a deposit of State Treasury funds requires a bank depository to observe §§ 19-3-308 — 19-3-317.
(1) A bank or savings and loan association is not required to act as a bank depository.
(2) However, the acceptance of a deposit of State Treasury funds requires a bank depository to observe §§ 19-3-308 — 19-3-317.