Download pdf
Loading PDF...



<br><br>95.628 Treasurer of fund, duties, bond. <br>(1) The city treasurer shall be ex officio treasurer of the board of trustees of the pension <br>fund, and custodian of the pension fund. <br>(2) The treasurer, as custodian, shall securely keep the fund, subject to the control of <br>the board, and shall keep his books and accounts concerning the fund in such <br>manner as may be prescribed by the board. The books and accounts shall always be <br>subject to the inspection of the board or any board member. <br>(3) The treasurer shall, within ten (10) days after his election, execute a bond to the city <br>with good surety, in such penal sum as the board of trustees directs, to be approved <br>by the board, conditioned for the faithful performance of the duties of his office, <br>and that he will safely keep and well and truthfully account for all money and <br>properties that come into his hands as treasurer of the pension fund, and that upon <br>the expiration of his term of office he will deliver to his successor all securities, <br>unexpended moneys and other properties that come into his hands as treasurer of the <br>fund. The bond shall be filed in the office of the treasurer, and suit may be filed <br>thereon in the name of the city for the use of the board or any person injured by its <br>breach. <br>History: Created 1966 Ky. Acts ch. 8, sec. 9. <br><br>