74.050 Treasurer -- Duties -- Compensation -- Bond.
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74.050 Treasurer -- Duties -- Compensation -- Bond.
The treasurer of the commission shall be the lawful custodian of the funds of the water <br>district and shall cause the funds to be disbursed according to procedures adopted by the <br>commission. The procedures shall include a requirement for approval of disbursements <br>by a commissioner in addition to the treasurer. The treasurer shall cause to be maintained <br>a proper record of the receipts and disbursements of the water district in accordance with <br>the Uniform System of Accounts for utilities. In addition to the compensation for <br>commissioners as set out in KRS 74.020, as compensation for his or her services the <br>treasurer shall receive an amount fixed by the commission, not to exceed two hundred <br>dollars ($200) per year. The treasurer shall execute bond to the commission in an amount <br>and with such surety as determined by the commission.
Effective: July 15, 2008 <br>History: Amended 2008 Ky. Acts ch. 6, sec. 6, effective July 15, 2008. -- Amended
1966 Ky. Acts ch. 255, sec. 89. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective <br>October 1, 1942, from Ky. Stat. secs. 938g-15, 938g-19.
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