HB 2348-S - DIGEST

(DIGEST AS ENACTED)

     Provides that the treasurer of the county in which a conservation district is located is ex officio treasurer of the district.  However, the board of supervisors by resolution may designate some other person having experience in financial or  fiscal matters as treasurer of the conservation district.  The board of supervisors may require a bond, with a surety company authorized to do business in the state of Washington, in an amount and under the terms and conditions which the board of supervisors by resolution from time to time finds will protect the district against loss.  The premium on this bond shall be paid by the district.

     Declares that a district may provide and require a reasonable bond of any other person handling moneys or securities of the district, if the district pays the premium.