The treasurer of the board shall be the custodian of the board's funds and securities and shall give bond, payable to the board, in such amount and with such surety as the board requires, conditioned for the faithful performance of duties and the proper accounting for all funds and securities which the treasurer receives. The cost of the bond shall be paid out of the funds of the board. The treasurer shall disburse board funds on warrants drawn on him by the board, and signed and countersigned by the board's president.
1940, p. 738; Michie Code 1942, § 3035f; Code 1950, § 51-117; 1990, c. 832.
Structure Code of Virginia
Title 51.1 - Pensions, Benefits, and Retirement
Chapter 8 - Local Retirement Systems
§ 51.1-801. Counties, cities, and towns generally
§ 51.1-802. Assets of retirement systems; exemption from taxation; execution and assignment
§ 51.1-803. Investments of retirement systems
§ 51.1-805. In certain counties
§ 51.1-807. Police officers' pension and retirement boards
§ 51.1-808. Powers, authority, and duties of board
§ 51.1-809. Treasurer of board
§ 51.1-810. Time credited to service record
§ 51.1-811. Eligibility for retirement; retirement allowance
§ 51.1-812. Disability from natural causes not originating in performance of official duties
§ 51.1-813. Disability resulting from activities in discharge of official duties
§ 51.1-814. Employing such presumption in determining eligibility for benefits
§ 51.1-816. Reduction of pension and benefits where income earned during disability retirement
§ 51.1-817. Salary deductions payable to estate or refunded
§ 51.1-818. Funds for payment of pensions and benefits
§ 51.1-819. Adoption of article optional by counties, cities, and towns; appeal
§ 51.1-820. Police officers' pensions and retirements
§ 51.1-821. Police Retirement System
§ 51.1-822. Amendment, suspension, or revocation of retirement plan and trust