The secretary-treasurer of the board of trustees shall be the custodian of the several funds. All payments from these funds shall be made by him or the assistant secretary-treasurer only upon vouchers signed by two persons designated by the board of trustees. The secretary-treasurer and assistant secretary-treasurer of the board of trustees shall furnish said board a surety bond in a company authorized to do business in Louisiana in such an amount as shall be required by the board, the premium to be paid from the expense fund.
R.S. 11:1182 active rs title
Secretary-treasurer; custodian of funds; bond ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1970, No. 51, §8
- amendment Acts 1980, No. 173, §1