Section 9-13-302 - Duties of the comptroller of the treasuryThe comptroller of the treasury shall develop and recommend statutory changes, policies, and procedures for the purpose of:
(1) Promptly identifying financially distressed municipalities, counties, utility districts and education agencies;(2) Providing for the timely restructuring of the debt of such municipalities, counties, utility districts and education agencies;(3) Considering the need for temporary loans or other fiscal adjustments to prevent fiscal crisis; and(4) Providing for consolidation or merger of contiguous municipalities, counties, utility districts or education agencies, or for the merger of functions of such entities in order to relieve financial distress.