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MISSOURI STATUTES AND CODES

162.401. Treasurer's bond.

Treasurer's bond.

162.401. The treasurer, before entering upon the dischargeof his duties, shall enter into a bond to the state of Missouri,with two or more sureties, to be approved by the board,conditioned that he will render a faithful and just account ofall money that comes into his hands as treasurer, and otherwiseperform the duties of his office according to law. The bondshall be filed with the secretary of the board. The treasurershall be the custodian of all school moneys derived fromtaxation for school purposes in the district until paid out onthe order of the board, and on breach of the conditions of thebond, the secretary of the board, or any resident of the schooldistrict, may cause suit to be brought thereon. The suit shallbe prosecuted in the name of the state of Missouri, at therelation and to the use of the proper school district.

(L. 1963 p. 200 § 3-39, A.L. 1990 H.B. 1070)

(Source: RSMo 1959 § 165.337)

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