1965/66/67 session laws – Ch.132 Sec.2

Section 24 of Chapter 47 of the Session Laws of 1963 is hereby amended by rewriting the same to read as follows: Sec. 24 Custody of Town Money. All moneys received by the town for or in connection with the business of the town government shall be paid promptly into the town depository. Such institution shall be designated by the Board of Aldermen in accordance with such regulations and subject to such requirements as to security for deposits and interest thereon as may be established by law. All interest on moneys belonging to the town shall accrue to the benefit of the town government. All moneys belonging to the town government should be disbursed only on vouchers signed by the Mayor or other elected town officers designated by the Board of Aldermen and countersigned by such other officers or employees as may be designated by the Board of Aldermen. 189