2006 Louisiana Laws - RS 17:95 — Superintendents as treasurers of school funds

§95.  Superintendents as treasurers of school funds

The superintendent of the public schools in every parish, the parish of Orleans excepted, shall be the treasurer of all school funds appropriated by the state in such parish, or raised, collected, or donated therein, for the support of the public schools; he shall receipt for all such funds to the treasurer of the state and to the collector of parish taxes.  The parish school treasurer shall give an indemnity bond in such sum as may be determined by the parish school board, made in favor of the governor or his successors in office, and the parish school board shall pay the premium of said bond.  The superintendent of public schools shall receive no compensation whatever for his services as school treasurer.  The treasurer shall deposit the school funds in such bank or banks as may be designated by the parish school board under the provisions of the law.