40:33-13.13 - Duties of treasurer; annual audit - New Jersey Statutes

40:33-13.13.  Duties of treasurer;  annual audit
    The treasurer of the board of trustees shall receive and hold, in behalf of  the board, all funds of the library and shall pay out or transfer such funds,  as directed by resolution of the board of trustees, by check signed by him and  countersigned by the president of the board of trustees or other trustee or  trustees designated by the board of trustees.  The treasurer shall give  adequate bond or bonds, conditioned for the faithful performance and discharge  of his duties, payable to the board of trustees and to the participating  counties, in an amount or amounts required by the board of trustees.  All  accounts and financial transactions of the regional library shall be audited  annually by a registered municipal accountant of New Jersey and filed with the  Director of the Division of Local Government on or before May 31.

     L.1962, c. 134, s. 11, eff. July 27, 1962.