43-14-205 - Organization of committee Quorum Expenses Bonds of employees Records Annual audit Meetings.
43-14-205. Organization of committee Quorum Expenses Bonds of employees Records Annual audit Meetings.
(a) The committee shall designate one (1) of the farmer-supervisor members as its chair, and may, from time to time, change such designation.
(b) A majority of the committee shall constitute a quorum, and the concurrence of a majority in any matter within their duties shall be required for its determination.
(c) The chair and members of the committee shall receive no compensation for their services on the committee, but shall be entitled to expenses, including traveling expenses, necessarily incurred in the discharge of their duties on the committee. All reimbursements for travel expenses shall be in accordance with the comprehensive travel regulations as promulgated by the department of finance and administration and approved by the attorney general and reporter.
(d) The committee shall provide for the execution of surety bonds for all employees and officers who shall be entrusted with funds or property, shall provide for the keeping of a full and accurate record of all proceedings and of all resolutions, regulations, and orders issued or adopted, and shall provide for an annual audit of the accounts of receipts and disbursements.
(e) The committee shall hold at least four (4) meetings each year.
[Acts 1939, ch. 1194, § 4; C. Supp. 1950, § 552.4 (Williams, § 552.34); Acts 1957, ch. 158, § 1; 1976, ch. 806, § 1(80); T.C.A. (orig. ed.) § 43-1505; Acts 1986, ch. 888, § 1.]