(1)The members of the board of public
hospital trustees within ten days after their appointment shall qualify by taking the
oath of office. They shall annually organize and operate as follows:
(a)Unless otherwise authorized under the provisions of paragraph (b) of this
subsection (1), they shall elect one of their number as president, one as vice-president, and one as secretary. No bond shall be required of them. The county
treasurer of the county shall be treasurer of the board of trustees and shall receive
and pay out all moneys under the control of said board as ordered by it but shall
receive no compensation from such board. No trustee shall receive any
compensation for services performed but may receive reimbursement for any cash
expenditures actually made for personal expe
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(1) The members of the board of public
hospital trustees within ten days after their appointment shall qualify by taking the
oath of office. They shall annually organize and operate as follows:
(a) Unless otherwise authorized under the provisions of paragraph (b) of this
subsection (1), they shall elect one of their number as president, one as vice-president, and one as secretary. No bond shall be required of them. The county
treasurer of the county shall be treasurer of the board of trustees and shall receive
and pay out all moneys under the control of said board as ordered by it but shall
receive no compensation from such board. No trustee shall receive any
compensation for services performed but may receive reimbursement for any cash
expenditures actually made for personal expenses incurred as such trustee. An
itemized statement of all such expenses and money paid out shall be made under
oath by such trustee and filed with the secretary and allowed only by the
affirmative vote of all the trustees present at a meeting of the board.
(b) If approved by resolution of the board of county commissioners, the
board may organize and operate by electing one of their number as president, one
as vice-president, and one as secretary-treasurer. The trustees may appoint an
assistant secretary-treasurer from outside the membership of the board of
trustees. No bond shall be required of the trustees, except of the secretary-treasurer and assistant secretary-treasurer who shall each file with the board of
trustees, at the expense of the hospital, a corporate fidelity bond in an amount not
less than ten thousand dollars, conditioned on the faithful performance of the
duties of his office. The secretary-treasurer shall receive and pay out all the
moneys under the control of the board of trustees as ordered by it. No trustee shall
receive any compensation for services performed, but may receive reimbursement
for any cash expenditures actually made for personal expenses incurred as such
trustee. An itemized statement of all such expenses and money paid out shall be
made under oath by such trustee and filed with the secretary-treasurer and allowed
only by the affirmative vote of all the trustees present at a meeting of the board.
(2) For purposes of part 4 of article 6 of title 24, C.R.S., any board of public
hospital trustees created pursuant to section 25-3-302 shall continue to be a local
public body, as defined in section 24-6-402 (1)(a), C.R.S., regardless of whether the
hospital governed by such board of trustees is designated an enterprise pursuant to
section 25-3-304 (3).