2006 Louisiana Laws - RS 37:2304 — Board funds
§2304. Board funds
The secretary of the board shall receive, disburse and account for all moneys paid to or received by the board. He shall institute a system of books and financial records satisfactory to the legislative auditor, who shall audit them annually. He shall open an account in a bank designated by the board as its official depository, and he and the administrator of the board shall both sign all checks disbursing funds of the board. The secretary shall keep a full and complete record of all proceedings which shall be open to inspection by any members of the board or authorized representative at all reasonable times. He shall be the custodian of and shall collect all fees. He shall give a bond in a reasonable amount, to be determined by the board.
Acts 1974, No. 576, §1.
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