N.Y. Education Law § 2122: Powers and duties of district treasurer in common school district

§ 2122. Powers and duties of district treasurer in common school

district. 1. The treasurer of a school district shall be the chief

accounting officer and the custodian of all moneys belonging to the

district from whatever source derived, and it is hereby made the duty of

the trustees of such district to pay to such treasurer any and all

moneys that may come into their hands belonging to such district derived

from sales of personal or real property of the district, from insurance

policies, from bonds of the district issued and sold by them, or from

any other source whatever.

2. Such treasurer is hereby authorized and empowered to receive from

the collector of such district all moneys collected by such collector

under and by virtue of any tax list and warrant issued and delivered to

him.

3. Such treasurer is hereby authorized and empowered to demand and

receive from the county treasurer of the county in which such school

district is situated all public money apportioned to said district.

4. It shall be the duty of such treasurer before entering upon the

discharge of his duties to execute and deliver to the trustees of such

district, his official undertaking in such sum as shall have been fixed

by a district meeting or as such trustees with the approval of the

district superintendent of schools shall require, with a corporate

surety to be approved by such trustees and by the district

superintendent of schools, conditioned to faithfully discharge the

duties of his office, and to well and truly account for all moneys

received by him, and to pay over any sums of money remaining in his

hands to his successor in office. Such official undertaking when so

executed and approved by resolution of such trustees shall be filed with

the clerk of the district. The expense of any undertaking executed

pursuant to this section shall be a school district charge.

5. No moneys shall be paid out or disbursed by such treasurer, except

upon the written orders of a sole trustee, or a majority of the

trustees.

6. Such treasurer shall, whenever required by such trustees, report to

them a detailed statement of the moneys received by him and of his

disbursements, and at the annual meeting of such district he shall

render a full account of all moneys received by him and from what

source, and when received, and all disbursements made by him and to whom

and the dates of such disbursements respectively, and the balance of

moneys remaining in his hands.