IC 5-13-9.5-7: Resignation of depository

Sec. 7. Any depository designated under this chapter may resign as a depository and relinquish all public funds on deposit with the depository. The resignation is effective:

(1) thirty (30) days after written notice is given to the state board of finance; and

(2) after settlement with the state board of finance for all public funds on deposit with the depository.