Refusal of deposits — procedure.

If the approved depositories will not accept the deposits under the conditions prescribed or authorized in this chapter , the funds may be deposited, on the same or better terms as were offered to the depositories, in one or more approved depositories conveniently located within the state. [C24, 27, §5653; C31, 35, §7420-d5; C39, § 7420.05; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81 , S81, §453.5 ; 81 Acts, ch 149, §1 ] 84 Acts, ch 1230, §9 C93, §12C.5 2001 Acts, ch 68, §3, 24 ; 2018 Acts, ch 1026, §7