247.270 Treasurer.

166 words·~1 min read·/ky/chapter-247/247-270

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)The treasurer of the farm bureau shall give bond, with security, the amount of which

shall be fixed by the board of directors at double the amount of money likely to

come into his hands. The bond shall be filed with the county clerk and be recorded

without fee. In no case shall the bond of the treasurer be less than one thousand

dollars ($1,000).

(2)The treasurer shall receive all funds belonging to the farm bureau and all

appropriations made by the fiscal court. He shall pay out the funds of the farm

bureau only on bills allowed by the board of directors or by the executive committee

of the board of directors. The allowance shall be certified to by the president or

secretary.

(3)No treasurer shall in any manner convert the funds or property of a farm bureau to

his own use or pay out or dispose of the same in any manner different than as

directed by KRS 247.240 to 247.320.