§ 16-22-6-35 — Audit of funds; officer and employee bonds; records

Indiana § 16-22-6-35

• Jurisdiction: Indiana
• Title 16: HEALTH
• Art. 22: COUNTY HOSPITALS
• Ch. 6: County Hospital Building Authorities

Text

The state board of accounts may supervise
and audit the funds of the authority. An officer or employee of the
authority authorized to receive, disburse, or in any way handle funds or
negotiable securities of the authority shall execute a bond payable to
the state, with surety to consist of a surety or guaranty corporation
qualified to do business in Indiana, in an amount determined by the
board. The bond must be conditioned upon the faithful performance of
the officer's or employee's duties and the accounting for all money and
property that may come under the officer's or employee's control. The
cost of the bonds shall be paid out of funds of the authority. The
records of the authority are public records.
[Pre-1993 Recodification Citation: 16-12-20-23.]

Legislative History

As added by P.L.2-1993, SEC.5.