102.080 Bonds and reports of secretary and treasurer.
114 words·~1 min read·
/ky/chapter-102/102-080A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The treasurer and the secretary shall give bond, the amount to be fixed by the
directors at not less than the sum likely to come into their hands.
(2)The secretary and treasurer shall, at the close of each semiannual period, file with
the board of directors an accurate detailed report of all receipts and disbursements
of the chamber of commerce, showing the source of such receipts, and to whom
paid and for what purpose. The report shall be sworn to by the secretary and
treasurer. If an appropriation has been obtained from the city during the period
covered by the report a copy of it shall be filed with the city clerk.