(55 ILCS 65/3) (from Ch. 21, par. 24)
Sec. 3.
It shall be the duty of the treasurer to keep a correct account of
all moneys received and paid out by him, in a book to be provided for that
purpose, and to loan, at interest, on notes with approved security, all
amounts not necessary to be reserved for expenses, to keep the grounds in
good repair, under the direction of the trustees, and shall make settlement
with the trustees in January of each year, and the trustees or county board
may, at any other time, require the treasurer, as often as
they may deem best, to make full report, and for a failure to make
satisfactory report, may be discharged and some other shall be appointed in
his place, and suit shall be commenced on his bond, whenever deemed
necessary, for the safety of the funds that shall have been received by
him, in his official capacity.
(Source: P.A. 86-1028.)
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