§8-22-14. Custodian of fund; duties; bond.
The treasurer of the city shall be the custodian of all of the
assets of the fund, and shall deposit and pay out the moneys of the
fund upon, and in accordance with, any proper order of the board of
trustees. Such treasurer shall be liable upon his official bond as
treasurer for the faithful performance of his duties in respect to
such fund, and the official bond of the treasurer covering such
fund shall be executed with a good and financially responsible
surety company, authorized to do business in this state, as surety
for such fund. Such fund shall not be used for any other purpose
than provided in sections two through fourteen of this article.