§ 31-20-301 — Bond of treasurer - waiver - duties

(1) The treasurer shall give a
bond to the city or town in its corporate name with good and sufficient sureties, to
be approved by vote of the governing body in such sum as it requires, conditioned
on the faithful performance of his duties as treasurer of such city or town so long as
he shall serve as such treasurer and requiring that, when he vacates such office, he
will turn over and deliver to his successor all moneys, books, papers, property, or
things belonging to such city or town and remaining in his charge as such treasurer.
The governing body of the city or town may waive the requirement of a bond.

(2) The treasurer shall:

(a) Receive all moneys belonging to the city or town and shall keep his books
and accounts in such manner as may be prescribed by ordinance. Such books and
accounts shall always be subject to the inspection of any member of the governing
body.

(b) Keep a separate account of each fund or appropriation and the debits and
credits belonging thereto;

(c) Give every person paying money into the treasury a receipt therefor
specifying the date of payment and upon what account paid, and he shall also file
statements of such receipts with the city or town clerk on the date of his monthly
report;

(d) Render an account to the governing body or such officer as may be
designated by ordinance, at the end of each month and more often if required,
showing the state of the treasury at the date of such account and the balance of
money in the treasury. He shall also accompany such accounts with a statement of
all moneys received into the treasury and on what account during the preceding
month, together with all warrants redeemed and paid by him. Said warrants, with
any vouchers held by the treasurer, shall be delivered to the clerk and filed with his
account in the clerk's office upon every day of such statement. He shall return all
warrants paid by him stamped or marked paid. He shall keep a register of all
warrants redeemed and paid, which shall describe such warrants and show the
date, amount, number, the fund from which paid, and the name of the person to
whom and when paid.

Legislative History

Source: L. 75: Entire title R&RE, p. 1129, � 1, effective July 1. L. 89: (1) amended, p. 1293, � 17, effective April 6.