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RHODE ISLAND STATUTES AND CODES

§ 35-4-9 - Monthly reconciliation of depository accounts – Stopping payment on unpaid checks.

SECTION 35-4-9

   § 35-4-9  Monthly reconciliation ofdepository accounts – Stopping payment on unpaid checks. – At least once a month the general treasurer shall obtain from each of theseveral depositories holding funds of the state, an account of the fundscarried by him or her with the depository, shall compare the account with therecords of his or her office, and shall list all outstanding checks issued byhim or her and not returned by a depository as paid. Once annually, on June 30,the general treasurer shall notify all depositories holding funds of the stateto stop payment on all checks listed as unpaid during the previous calendaryear, and the amount shall be recovered into the general treasury as amiscellaneous receipt.

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