(1) After the Treasurer of State has purchased and then held a government bond or state bond for a period of five (5) years, the Treasurer of State shall:(1) Liquidate the bond and place the proceeds to the credit of the General Revenue Fund Account; or(2) Remit the bond to the political subdivision of the state to which the bond belongs.
(1) Liquidate the bond and place the proceeds to the credit of the General Revenue Fund Account; or
(2) Remit the bond to the political subdivision of the state to which the bond belongs.