The state treasurer shall deposit and at all times keep on deposit, subject to the provisions of chapter 27 of title 67 , being the State Depository Law, and subsequent amendments thereof, all moneys deposited with him as treasurer of the regents of the University of Idaho in the event he shall be elected as such treasurer by such board: provided, however, that the moneys belonging to regents of the University of Idaho shall be so deposited and accounted for that any and all interest accruing for and on account thereof shall be accredited to any general or special fund of the regents of the University of Idaho.
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