Ark. Code § 14-125-310

Current with legislation from 2024 effective through May 3, 2024.

Section 14-125-310 - Surety bonds, records of proceedings, and audits

The directors shall provide for:

(1) The execution of surety bonds for all employees and officers who shall be entrusted with funds or property;

(2) The keeping of a full and accurate record of all proceedings and of all resolutions, regulations, and orders issued or adopted; and

(3) An annual audit of the accounts of receipts and disbursements.

Ark. Code § 14-125-310

Acts 1937, No. 197, § 7; Pope's Dig., § 11839; Acts 1969, No. 181, § 4; 1977, No. 295, § 1; 1983, No. 687, § 1; A.S.A. 1947, § 9-907.