Section 13-399. Custodian of funds  


Latest version.
  • The comptroller shall be custodian of the
      monies  and assets of the variable supplements fund. All such monies and
      assets included in such fund or which shall  hereafter  accrue  to  such
      fund  shall be in his or her custody for the purposes of this subchapter
      subject to the direction, control and  approval  of  such  board  as  to
      disposition,  investment,  management and report. All payments from such
      fund shall be made by the comptroller  upon  a  voucher  signed  by  the
      secretary of the board.