N.D. Cent. Code § 18-10-09

Current through 2023 Legislative Sessions

Section 18-10-09 - Funds collected to be deposited

The following must be deposited in a state or national bank to the credit of the district fund and may be drawn out only by warrant:

1. All funds collected on behalf of the district through the levy of taxes.

2. All donations, contributions, bequests, or annuities received by or on behalf of the district.

3. All borrowed money received by or on behalf of the district.

Such claim voucher must be authorized by the board of directors and must bear the signature of the treasurer and the countersignature of the president of such district. The secretary-treasurer of the district shall, at each annual public meeting of the district, present a financial report concerning the affairs of the district. The books and accounts of the secretary-treasurer must be audited or annual reports must be filed as required by section 54-10-14.

N.D.C.C. § 18-10-09