Kentucky Statutes 173.540 – Duties of treasurer of board — Bond
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The treasurer of the board shall:
(1) Have the custody of all money, securities, and obligations belonging to that district, and shall disburse money only for the uses and purposes of the district and in the manner prescribed by the bylaws on itemized vouchers allowed by the board, signed by the secretary and countersigned by the president;
(2) Keep a full and accurate account of all receipts and payments in the manner directed by the bylaws, and such other accounts as the board prescribes;
(3) Render statements of accounts of the several books, funds, and property of the library whenever required by the board;
(4) Have all accounts and records for the fiscal year fully made up and present the same to the board within ninety (90) days following the close of that fiscal year;
(5) Give bond to the Commonwealth for the faithful performance of those duties, in the sum and form and with the sureties approved by the board.
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 58, sec. 8, effective July 13, 1990. — Created
1960 Ky. Acts ch. 114, sec. 10, effective June 16, 1960.
(1) Have the custody of all money, securities, and obligations belonging to that district, and shall disburse money only for the uses and purposes of the district and in the manner prescribed by the bylaws on itemized vouchers allowed by the board, signed by the secretary and countersigned by the president;
Terms Used In Kentucky Statutes 173.540
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Year: means calendar year. See Kentucky Statutes 446.010
(2) Keep a full and accurate account of all receipts and payments in the manner directed by the bylaws, and such other accounts as the board prescribes;
(3) Render statements of accounts of the several books, funds, and property of the library whenever required by the board;
(4) Have all accounts and records for the fiscal year fully made up and present the same to the board within ninety (90) days following the close of that fiscal year;
(5) Give bond to the Commonwealth for the faithful performance of those duties, in the sum and form and with the sureties approved by the board.
Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 58, sec. 8, effective July 13, 1990. — Created
1960 Ky. Acts ch. 114, sec. 10, effective June 16, 1960.