§ 31.03. PAYMENT TO CREDITORS.  


Latest version.
  • (A) The Council deems it desirable to establish a standardized schedule for payment to creditors.
    (B) The implementation of this schedule will further reduce the uncertainty of when claims shall be repaid.
    (C) If a creditor submits a claim by the twenty- fifth day of the month, then the Council will act on that claim at the first meeting of the following month.
    (`93 Code, § 2-130) (Res. 84-R-58, passed 2-22-84)