2-627.   Same; duties of treasurer of governing body; bond; disposition ofdistrict moneys.(a) Upon taking office, the treasurer for an extensiondistrict shall give bond in an amount fixed and approved by the governing bodyof the extension district for the safekeeping and due disbursement of all fundsof the extension district in the custody of the treasurer.

      (b)   All moneys received by the treasurer for anextension districtshall be deposited by the treasurer in a bankdesignated by the governing body of the extension district and authorized toreceive publicdeposits. The treasurer shall make all payments for the extension district onthe warrant of the secretaryof the governing body of the extension district or by a combination warrantchecksigned by the chairperson of the governing body.Thetreasurer shall not pay any sum from the fundsof the extension district in any other manner.

      (c)   The treasurershall keep a record of all the moneys receivedand disbursed which specify the person or persons from whom money was receivedandto whom money was paid and the object for which the money was paid. Thetreasurer shall present to the governing body of the extension district at eachregular meeting a report in writing containing a statement of all moneysreceived from each county treasurer and from any othersource since the last regular meeting of the governing body and a statement ofthedisbursements made with the items of such disbursements,and exhibit the warrants or checks or combination warrants and checkstherefor. This report shall be recorded by the secretary of thegoverning body.

      (d)   At the close of the treasurer's term of office,the treasurer shall settle with the governing body of the extension districtand shall hand over to thetreasurer's successor all records and papers received as treasurer, togetherwith allmoneys remaining in the hands of the treasurer.

      History:   L. 1991, ch. 2, § 5; July 1.