SPONSOR:	Sen. Richardson & Rep. Dukes

DELAWARE STATE SENATE 148th GENERAL ASSEMBLY

SENATE BILL NO. 282

AN ACT TO AMEND THE CHARTER OF THE TOWN OF BETHEL RELATING TO THE DUTIES OF THE TREASURER

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each house thereof concurring therein):

Section 19: Treasurer:

3.The Treasurer shall be custodian of all funds of the Town of Bethel and shall deposit them, in a timely manner, in banking institutions as designated by the Council.The Treasurer shall have the discretion to designate another person to physically deposit funds provided the designee is bonded to handle money.

SYNOPSIS

This Act allows the Town Treasurer to allow another bonded person to physically deposit the Town's money.

AUTHOR: Senator Richardson