Sec. 3. The treasurer is responsible for the:

(1) receipt;

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(2) custody;

(3) accounting; and

(4) proper protection;

of all funds due and accruing to the university and the board from any sources and for whatever purposes the funds and receipts may be designated.

[Pre-2007 Higher Education Recodification Citation: 20-12-56-4 part.]

As added by P.L.2-2007, SEC.262.