§ 36-23. Same—Treasurer and depositories.

Latest version.

The governing board shall designate a treasurer who shall be the custodian of all funds belonging to the governing board and to the district, and such funds shall be disbursed only upon the order of the governing board by warrant or check signed by the treasurer and countersigned by the chairman of the governing board. The governing board is hereby authorized to select as depositories in which the funds of the governing board and of the district shall be deposited any banking corporation, organized under the laws of the state or under the national banking act, doing business in the state, upon such terms and conditions as the governing board shall deem just and reasonable.

(Sp. Acts, Ch. 61-1969, § 23)

                    
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