42-388d. Irrigation districts organized under 42-357 et seq.; accounts; audits; treasurer's bond; custodian of funds. - Kansas Statutes

42-388d

Chapter 42.--IRRIGATION Article 3.--IRRIGATION AND IRRIGATION DISTRICTS

      42-388d.   Irrigation districts organized under 42-357 et seq.; accounts;audits; treasurer's bond; custodian of funds.Any district issuing bonds under the provisions of this act shallmaintain a proper system of accounts, showing the receipts anddisbursements pertaining to such bonds, the amount of revenue received bythe district and the application of the same, and shall, at least once ayear, cause such accounts to be properly audited by a competent auditor,and the report of such audit shall be open for inspection at all propertimes to any taxpayer in the district, any user of water delivered by suchdistrict, any holder of such bonds, or any couponsappertaining thereto and any oneacting on behalf of any of such persons.

      The treasurer of the district shall be the custodian of the funds of thedistrict and shall give proper bond for the faithful discharge of theduties of such custodian. Such bond shall be fixed and approved by theboard of commissioners of the district, and the treasurer shall keep proper accountsof its receipts and disbursements and of its funds on hand.

      History:   L. 1933, ch. 205, § 4; L. 1983, ch. 49, § 80; May 12.