diff --git a/rebar.config b/rebar.config
index f9f611f0..b9d754a7 100644
--- a/rebar.config
+++ b/rebar.config
@@ -2,7 +2,7 @@
 
 {erl_opts, [debug_info]}.
 
-{deps, [ {aebytecode, {git, "https://github.com/aeternity/aebytecode.git", {tag, "v3.4.0"}}}
+{deps, [ {aebytecode, {git, "https://github.com/aeternity/aebytecode.git", {tag, "v3.4.1"}}}
        , {eblake2, "1.0.0"}
        , {jsx, {git, "https://github.com/talentdeficit/jsx.git", {tag, "2.8.0"}}}
        ]}.
diff --git a/rebar.lock b/rebar.lock
index 58ce514d..8a19f04a 100644
--- a/rebar.lock
+++ b/rebar.lock
@@ -1,11 +1,11 @@
 {"1.2.0",
 [{<<"aebytecode">>,
   {git,"https://github.com/aeternity/aebytecode.git",
-       {ref,"009e0361922037f978f9c0ef357d4d1be8559928"}},
+       {ref,"6bd6f82c70d800950ea1a2c70c364a4181ff5291"}},
   0},
  {<<"aeserialization">>,
   {git,"https://github.com/aeternity/aeserialization.git",
-       {ref,"177bf604b2a05e940f92cf00e96e6e269e708245"}},
+       {ref,"b26e6d105424748ba1c27917267b7cff07f37802"}},
   1},
  {<<"base58">>,
   {git,"https://github.com/aeternity/erl-base58.git",
@@ -14,7 +14,7 @@
  {<<"eblake2">>,{pkg,<<"eblake2">>,<<"1.0.0">>},0},
  {<<"enacl">>,
   {git,"https://github.com/aeternity/enacl.git",
-       {ref,"793ddb502f7fe081302e1c42227dca70b09f8e17"}},
+       {ref,"4eb7ec70084ba7c87b1af8797c4c4e90c84f95a2"}},
   2},
  {<<"getopt">>,{pkg,<<"getopt">>,<<"1.0.1">>},1},
  {<<"jsx">>,
diff --git a/rebar3 b/rebar3
index a83d554a..bf217085 100755
Binary files a/rebar3 and b/rebar3 differ
diff --git a/src/aeso_ast_infer_types.erl b/src/aeso_ast_infer_types.erl
index b78ea380..edf6c32e 100644
--- a/src/aeso_ast_infer_types.erl
+++ b/src/aeso_ast_infer_types.erl
@@ -1167,7 +1167,7 @@ infer_contract(Env0, What, Defs0, Options) ->
     %% Remove namespaces used in the current namespace
     Env5 = Env4#env{ used_namespaces = OldUsedNamespaces },
     %% Check that `init` doesn't read or write the state and that `init` is not missing
-    check_state(Env4, Defs1),
+    check_state(Env4, Defs1, Decls, What),
     %% Check that entrypoints have first-order arg types and return types
     check_entrypoints(Defs1),
     destroy_and_report_type_errors(Env4),
@@ -1881,13 +1881,17 @@ check_state_init(Env) ->
 
 %% Check that `init` doesn't read or write the state and that `init` is defined
 %% when the state type is not unit
-check_state(Env, Defs) ->
+check_state(Env, Defs, Decls, What) ->
     Top       = Env#env.namespace,
     GetState  = Top ++ ["state"],
     SetState  = Top ++ ["put"],
     Init      = Top ++ ["init"],
     UsedNames = fun(X) -> [{Xs, Ann} || {{term, Xs}, Ann} <- aeso_syntax_utils:used(X)] end,
-    Funs      = [ {Top ++ [Name], Fun} || Fun = {letfun, _, {id, _, Name}, _Args, _Type, _GuardedBodies} <- Defs ],
+    Funs      = case What of
+        contract -> [ {Top ++ [Name], Fun} || Fun = {letfun, _, {id, _, Name}, _Args, _Type, _GuardedBodies} <- Defs ];
+        contract_interface -> [ {Top ++ [Name], Fun} || Fun = {fun_decl, _, {id, _, Name}, _Type} <- Decls ];
+        namespace -> []
+    end,
     Deps      = maps:from_list([{Name, UsedNames(Def)} || {Name, Def} <- Funs]),
     case maps:get(Init, Deps, false) of
         false -> get_option(no_code, false) orelse check_state_init(Env);
diff --git a/test/aeso_compiler_tests.erl b/test/aeso_compiler_tests.erl
index 3bd922d6..d2a522f0 100644
--- a/test/aeso_compiler_tests.erl
+++ b/test/aeso_compiler_tests.erl
@@ -227,6 +227,7 @@ compilable_contracts() ->
      "resolve_field_constraint_by_arity",
      "toplevel_constants",
      "ceres",
+     "init_fun_interface",
      "test" % Custom general-purpose test file. Keep it last on the list.
     ].
 
diff --git a/test/contracts/init_fun_interface.aes b/test/contracts/init_fun_interface.aes
new file mode 100644
index 00000000..3055303f
--- /dev/null
+++ b/test/contracts/init_fun_interface.aes
@@ -0,0 +1,7 @@
+contract interface I =
+  record state = { x : int }
+  entrypoint f : () => state
+  entrypoint init : () => state
+
+main contract C =
+  entrypoint g(c : I) : int = c.f().x