State Codes and Statutes
Statutes > Missouri > T11 > C182 > 182_073Treasurer of board, custodian of funds, duties.
182.073. 1. The treasurer of the board of trustees of a county librarydistrict shall receive and be the custodian of all money belonging to thedistrict from whatever source derived. All funds of the county librarydistrict derived from local taxation for the county library fund and receivedfrom the county collector shall be kept in the county library fund. All fundsof the county library district derived from local taxation for the countylibrary building fund and received from the county collector shall be kept inthe county library building fund; all funds derived from state aid or federalgrants, other than land, building and furnishing grants, shall be kept in thecounty library operating fund; and the board may establish any other fundsthat it deems necessary. The treasurer shall deposit all moneys belonging tothe county library district in the depositaries that are selected by the boardof trustees. The treasurer shall also be the custodian of all bonds or othersecurities belonging to the county library district.
2. County library district moneys shall be disbursed by the treasurer byappropriate instrument of payment only upon due authorization of the countylibrary district board of trustees and duly certified for payment by thepresident. The certification shall specify the amount to be paid, to whompayment is to be made and the purpose for which payment is being made. Theboard by resolution may direct that the signature of the president ortreasurer be a facsimile signature in the manner provided by sections 105.272to 105.278, RSMo.
3. No authorization or certification shall be made, and no instrument ofpayment issued, for the payment of any county library district indebtednessunless there is sufficient money in the treasury and the proper fund for thepayment of the indebtedness and be in the proper form.
4. The treasurer of the board of trustees shall submit to the board oftrustees, at each regularly scheduled meeting of the board, an accountingreflecting receipt and disbursement of funds belonging to the county librarydistrict.
(L. 1984 S.B. 423)
