OFFSETTING OBLIGATIONS AND MAKING NECESSARY ENTRIES.

67-1026. Offsetting obligations and making necessary entries. The state controller shall have power, with the consent of the state board of examiners, whenever he shall determine that any creditor of the state of Idaho or any of its departments, agencies or institutions is indebted to the state of Idaho or any of its departments, agencies or institutions to offset such obligations, and make all necessary transfers and entries in the books of the state in accordance with sound accounting practice to accomplish such offset. History: [(67-1026) I.C. 67-1021, as added by 1943, ch. 48, sec. 1, p. 94; am. and redisig. 1994, ch. 181, sec. 20, p. 585.]