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398.18 DEPOSITORIES.
All funds under the control of the park district board are to be kept in depositories selected in
the manner provided for the deposit of county funds insofar as those proceedings are applicable.
Deposits are to be secured as provided in the case of county funds. The county treasurer shall
serve as the treasurer of the board and in multicounty districts, the county treasurer of the county
containing the largest portion of the district shall so serve. The treasurer shall receive and be
responsible for all moneys of the district, from whatever source derived, and the same shall be
considered public funds. The treasurer shall disburse the moneys of the district only on orders
made by the secretary, countersigned by the chair, vice-chair, or other person authorized by the
district showing the name of the claimant and the nature of the claim. No disbursements shall be
certified by such officers until the same have been approved by the commissioners at a meeting
thereof. The treasurer shall keep an account of all moneys received and disbursed, and at least
once a year, at times to be designated by the commissioners, file with the secretary a financial
statement of the district, showing in appropriate and identifiable groupings the receipts and
disbursements since the last approved statement, the moneys on hand and the purposes for which
the same are appropriated.
History: 1955 c 806 s 18; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes