N.Y. Education Law § 2126: Payments and reports by collector

§ 2126. Payments and reports by collector. 1. The collector shall

keep in his possession all moneys received or collected by him by virtue

of any warrant, or received by him from the county treasurer or board of

supervisors for taxes returned as unpaid, or moneys apportioned by the

state or raised by direct taxation, and pay the same out upon the

written order of a majority of the trustees.

2. When a treasurer shall have been elected or appointed in a school

district, the collector of such district shall pay over all moneys

collected by him under and by virtue of any tax list and warrant issued

and delivered to him, to said treasurer; and he shall report in writing,

at the annual meeting, all his collections, receipts and disbursements,

and shall report to the county treasurer on or before the first Tuesday

of March in each year the amounts of school moneys in his hands not paid

out on trustees' orders, and shall pay over to his successor in office,

when such successor has duly qualified and given a bond as required by

section twenty-one hundred twenty-four, all moneys in his hands

belonging to the district.