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PDF versionSECTION 1. That the Secretary of the Board of Directors or Commissioners of the Tenth Special School District of Wilson County, Tennessee, created by Chapter 330 of the Private Acts of the General Assembly of Tennessee for 1901, and located and situated in Wilson County, Tennessee, the caption of which reads as follows:
"AN ACT to incorporate the Tenth Civil District of Wilson County, Tennessee, into the Tenth School District of said County, for public school purposes."
is hereby authorized and appointed to be the fiscal agent of said District for the purpose of receiving, holding, and paying out all monies hereafter to be due to said District for any and all lawful purposes.
SECTION 2. That the present Secretary of said Board of Commissioners or Directors, as shown by the minutes of the meetings of said Board shall be the first said fiscal agent authorized under this Act and his office shall be called "Secretary-Treasurer" and said appointment shall be effective immediately after passage of this Act and as soon as he shall become bonded.
SECTION 3. That hereafter said Board of Commissioners shall elect or re-elect its Secretary-Treasurer at the normal and usual time when said Board organizes following any election of said Board, and said Secretary-Treasurer shall hereafter continue to be the fiscal agent for said District; and, said fiscal agent shall receive, hold, and pay out all school funds due to or belonging to said district for school purposes, whether said school funds shall be derived from regular county school taxes, special county school taxes, special district taxes, monies raised by the issuance of school bonds by said District, monies raised by general county school bonds in which said District shares, or monies due to be received by said District from the appropriations made by the State of Tennessee, or from any other source. Said Secretary-Treasurer shall bebonded as such fiscal agent according to the standards set up by the State Comptroller.
SECTION 4. That this Act shall take effect from and after its passage, the public welfare requiring it.
Passed: May 16, 1967.