45:6-5.Ā  Receipts and expenditures;Ā  secretary-treasurer's bond
All moneys received shall be held by the secretary-treasurer and paid out only upon resolution of the board and warrant of its president.Ā  The secretary-treasurer shall give bond in such sum and with such surety as the board may, from time to time, direct and approve.Ā  A statement of all moneys received and disbursed by the board shall be annually submitted to the governorĀ  in the annual report of the board.
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