69-6-113 - Officers of district Duties Treasurer's bond. - Tennessee Statutes

69-6-113. Officers of district Duties Treasurer's bond.

(a)  The officers of the district shall be a president, vice president, secretary and treasurer.

     (1)  The president presides over all meetings of the board and serves as chief executive officer of the district.

     (2)  The vice president presides in the absence of the president and performs other duties as may be prescribed by the board.

     (3)  The secretary keeps a full and accurate record of all the proceedings concerning the district and records of the district.

     (4)  The treasurer is the custodian of all funds of the district. The treasurer shall make bond, secured by a corporate surety, to safeguard all funds coming into the treasurer's hands, in such amount as shall be prescribed by the board of directors. The premium upon the bond shall be paid by the district.

(b)  All checks for expenditures shall be signed by the treasurer and countersigned by the president.

(c)  The duties of secretary and treasurer may be combined in one (1) person, to be designated as secretary-treasurer.

[Acts 1955, ch. 112, § 8; T.C.A., § 70-1813; impl. am. Acts 1984, ch. 687, § 3; T.C.A. § 69-7-113.]