63B-11-404. General provisions -- Funds and accounts.
(1) Sections,,,,, andapply to any notes or renewals of notes issued under this part. 63B-11-305 63B-11-306 63B-11-313 63B-11-314 63B-11-315 63B-11-316 For purposes of this part, any action that those sections require or permit the commission to take shall be considered sufficient if taken by the state treasurer. The treasurer may take action by issuing a written order, or in some other manner that he finds necessary or convenient, to accomplish the purposes of this part.
(2) The treasurer may: in a written order, establish whatever funds and accounts are necessary or desirable to carry out the purposes of this part; and until the money is needed for the purpose for which the fund or account was created, invest the money held in those funds and accounts by following the procedures and requirements of. Title 51, Chapter 7, State Money Management Act