Sec 35-502. Reports to state treasurer; omission or refusal to comply; classification

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A. The governing body of the county, city, town, district or other political subdivision shall make such reports to the state treasurer as the treasurer requires relating to the issuance of the bonds and securities provided by section 35-501, and shall notify the treasurer of the retirement of any such bonds, and of all payments of interest thereon, immediately upon retirement of the bond or payment of interest.

B. Any person or member of any governing body knowingly omitting or refusing to comply with the orders of the state treasurer issued pursuant to this article is guilty of a class 2 misdemeanor.

                    
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