Section 33-1-7 - Functions of secretary-treasurer; bond(a) The secretary-treasurer shall receive and disburse for the port authority, under the supervision of the director, all moneys which the port authority is authorized to receive and disburse. The secretary-treasurer shall be responsible for the safekeeping thereof and shall properly account therefor. The director shall make a monthly report to the board of the acts and doings of the secretary-treasurer.(b) Before entering upon the duties of his or her office, the secretary-treasurer shall execute to the State of Alabama a bond, to be approved by the board, in an amount to be fixed by the director of the port authority, for the faithful performance of his or her duties.Ala. Code § 33-1-7 (1975)
Acts 1943, No. 122, p. 123; Acts 1955, No. 103, p. 345, §7; Acts 1961, Ex. Sess., No. 208, p. 2190; Act 2000-598, §2.