Section 63H-7a-603 - Financial officer - Duties(1) The executive director shall appoint a financial officer for the Administrative Services Division with the approval of the board.(2) The financial officer shall be responsible for accounting for the authority, including: (a) safekeeping and investment of public funds of the authority, including the funds expended from the restricted accounts created in this chapter;(b) the proper collection, deposit, disbursement, and management of the public funds of the authority in accordance with Title 51, Chapter 7, State Money Management Act;(c) having authority to sign all bills payable, notes, checks, drafts, warrants, or other negotiable instruments in the absence of the executive director and the executive director's designated employee;(d) providing to the board and the executive director a statement of the condition of the finances of the authority, at least annually and at such other times as shall be requested by the board; and(e) performing all other duties incident to the financial officer.(3) The financial officer shall: (a) be bonded in an amount established by the State Money Management Council; and(b) file written reports with the State Money Management Council pursuant to Section 51-7-15.Amended by Chapter 430, 2017 General Session ,§ 27, eff. 7/1/2017.Amended by Chapter 348, 2016 General Session ,§ 58, eff. 5/10/2016.Added by Chapter 411, 2015 General Session ,§ 32, eff. 7/1/2015.