2-612.   Deposit of moneys; duties of treasurers.All moneys received by the treasurer for the council or executive boardshall be deposited by the treasurer in a bankdesignated by the executive board and authorized to receive publicdeposits. The treasurer shall pay out, on the warrant of the secretaryof the executive board, or by a combination warrant check, in eithercase, signed by the chairperson of the executive board all moneys whichshall come to the treasurer's hands for the use of the council orexecutive board, and the treasurer shall not pay any sum from the fundsof the council or executive board in any other manner. The treasurershall keep a record of all the moneys receivedand disbursed, specifying the person or persons from whom received andto whom paid, and the object for which same has been paid out. Thetreasurer shall present to the executive board at each regular meeting ofthe board a report in writing containing a statement of all moneysreceived from the county treasurer and from any othersource since the last regular meeting of the executive board; and of thedisbursements made with the items of such disbursements,and exhibit the warrants or checks or combination warrants and checkstherefor, which report shall be recorded by the secretary of theexecutive board; and at the close of the treasurer's term of officeshall settle with the executive board; and shall hand over to thesuccessor all records and papers received as treasurer, together with allmoneys remaining in the hands of the treasurer.

      History:   L. 1951, ch. 8, § 5; L. 1981, ch. 7, § 2;L. 1989, ch. 48, § 9; July 1.