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14-88-404. Appointment of treasurer.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-88-404. Appointment of treasurer.
(a)(1) A municipal board of improvement may appoint a treasurer of the district, who shall take the oath of office prescribed by § 14-88-302 and shall execute a bond in favor of the board in a sum equal to the amount of moneys that will probably come into his or her hands in any one (1) year.
(2) The bond shall be signed by a corporate surety company authorized to do business as such in this state. It shall be conditioned that the treasurer will faithfully discharge the duties of his or her office and that he or she will account for and pay over all moneys that may come into his or her hands according to law and the orders of the board.
(b) The same person may be treasurer of more than one (1) district, but moneys of each shall be kept separately.
(c)(1) The treasurer shall pay out no moneys except on order of the board.
(2) Upon order of the board to pay out moneys, the chair or one (1) of the other commissioners appointed to act on behalf of the chair shall approve the warrant.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-88-404
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-88-404
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 72d08845c2b0b15a51bb5b983718866432ca37b6482147bbe1eabd99419a4ad1
Source location: content.xml paragraph 22510
Stored source content
14-88-404. Appointment of treasurer.
(a)(1) A municipal board of improvement may appoint a treasurer of the district, who shall take the oath of office prescribed by § 14-88-302 and shall execute a bond in favor of the board in a sum equal to the amount of moneys that will probably come into his or her hands in any one (1) year.
(2) The bond shall be signed by a corporate surety company authorized to do business as such in this state. It shall be conditioned that the treasurer will faithfully discharge the duties of his or her office and that he or she will account for and pay over all moneys that may come into his or her hands according to law and the orders of the board.
(b) The same person may be treasurer of more than one (1) district, but moneys of each shall be kept separately.
(c)(1) The treasurer shall pay out no moneys except on order of the board.
(2) Upon order of the board to pay out moneys, the chair or one (1) of the other commissioners appointed to act on behalf of the chair shall approve the warrant.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
14-88-302. Oath of office.
(a) Each member of the board of improvement, within ten (10) days after his appointment, shall take the oath of office required by Arkansas Constitution, Article 19, § 20, and an oath that he will not, either directly or indirectly, be interested in any contract made by the board.
(b) The oaths of office of the commissioners of municipal improvement districts may be taken before any officer authorized to administer oaths.
(c) The oath required under this section shall be filed in the office of the city or town clerk.
(d) If any member of the board shall fail to take this oath and to file it in the office of the clerk within the time allowed in this section, he shall be taken to have declined the office. The city or town council shall at once appoint another person, having the like qualifications, in his place, who shall take and file his oath of office within ten (10) days after his appointment.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-88-302
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 14-88-302. This identifies an authority to review, not proof of applicability.