245.515. County treasurer to be treasurer of board. - Missouri Statutes

County treasurer to be treasurer of board.

245.515. The county treasurer of the county in which thegreater part of any organized levee district lies shall be thetreasurer of the levee fund of the district, until paid out uponthe warrants issued by order of the board of directors of thelevee district. Before receiving any funds belonging to thelevee district, the treasurer shall give a separate bond, withsufficient security, in double the probable amount of the leveefund that shall come into his hands, payable to the state ofMissouri, to be approved by the board of directors, conditionedfor the faithful disbursement, according to law, of all suchmoneys as shall, from time to time, come into his hands to thecredit of the levee fund of the levee district of which thecounty of which he is treasurer is part; and such bond shall befiled in the office of the clerk of the county commission of thecounty in which said treasurer is appointed or elected. On theforfeiture of such bond, it shall be the duty of the clerk ofthe county commission in whose office such bond is filed tocollect the same for the use of the levee district. If suchclerk shall neglect or refuse to prosecute, any resident of thedistrict may cause prosecution to be instituted. It shall bethe duty of the board of directors in no case to permit thecounty treasurer having the custody of the levee funds of thedistrict to have in his possession at any one time an amount oflevee funds over one-half the amount of the security availablein the bond. Such treasurer shall be allowed such compensationfor his services as the board of directors deems advisable, notto exceed one-half of one percent of all levee funds disbursedby him, and to be paid out of the levee funds.

(RSMo 1939 § 12559, A.L. 1990 H.B. 1070)

Prior revisions: 1929 § 10969; 1919 § 4661; 1909 § 5724