The treasurer of the authority shall give bond in such sum as the authority may prescribe for the faithful performance of his or her duties and the safe custody of the funds, which bond shall be executed by a surety company authorized to engage in the surety business in the State of Alabama and the premium on which bond shall be paid out of the funds of the authority. The treasurer shall keep books showing accurately the financial condition of the authority.
Structure Code of Alabama
Chapter 37A - Jefferson County Municipalities.
Part 5 - Parks, Recreation, and Tourism.
Part 3 - State Fair Authority.
Section 45-37A-54.60 - Incorporation of Authority.
Section 45-37A-54.61 - Certificate of Incorporation - Contents.
Section 45-37A-54.62 - Certificate of Incorporation - Acknowledgement, Filing, Recording.
Section 45-37A-54.63 - Board of Directors.
Section 45-37A-54.64 - Lease, Sale, or Conveyance of Property.
Section 45-37A-54.65 - Powers of Authority.
Section 45-37A-54.66 - Sunday Activities; Ordinance Procedures.
Section 45-37A-54.67 - Borrowing; Revenue Bonds.
Section 45-37A-54.68 - Meetings; Recordkeeping.
Section 45-37A-54.69 - Contracts.
Section 45-37A-54.70 - Examination of Books and Accounts.
Section 45-37A-54.71 - Bond of Treasurer.
Section 45-37A-54.72 - Funding From City.
Section 45-37A-54.73 - Debts, Obligations, or Liabilities of Corporation.