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Indiana Code Title 8. Utilities and Transportation § 8-22-3-20

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Sec. 20. (a) The board shall appoint a person to act as treasurer of the authority, who shall give bond in the sum and with conditions that the board prescribes and with surety that the board approves.  The treasurer is appointed for a term of one (1) year unless sooner removed for cause, but may be appointed for additional terms of one (1) year.  All money payable to the authority shall be paid to the treasurer, who shall deposit it under IC 5-13-6.  Money so deposited may be invested in accordance with IC 5-13-9.

(b) The treasurer shall keep an accurate account of all appropriations made and all taxes levied by the authority, of all money owing or due the authority, and of all money received and disbursed.  He shall preserve all vouchers for payment and disbursements made, in accordance with the statutes relative to the preservation of public records.  The treasurer shall issue all warrants for the payment of money from the funds of the authority, but a warrant may be issued for the payment of a claim only if the claim has been allowed in accordance with the procedure prescribed by the regulations of the board.  All warrants must be countersigned by the president or vice president.

(c) Payroll and similar warrants may be executed with facsimile signatures.

(d) Whenever the treasurer is requested to issue a warrant, he may require evidence that the amount claimed is justly due and in conformity with law and for that purpose may summon before him any officer, agent, or employee of the district, or other person, and examine him under similar oath or affirmation, which oath or affirmation the treasurer may administer.

Cite this article: - Indiana Code Title 8. Utilities and Transportation § 8-22-3-20 - last updated June 08, 2021 |

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