[HISTORY: Adopted by the City Commission of the City of Parsons as §§ 7-402 and 7-403 of the 1963 Code (Ch. 12, Art. III of the 1985 Code). Amendments noted where applicable.]
The Treasurer of the Firefighters' Relief Association shall receive from the State Commissioner of Insurance all money belonging to the Firefighters' Relief Fund of the Firefighters' Relief Association of the City and other money collected and shall deposit the same to the credit of the Parsons Firefighters' Relief Fund.
Such Treasurer shall give bond for the safekeeping of such funds and for faithful performance in such sum with such sureties as may be approved by the governing body.
Funds of the Firefighters' Relief Association of the City shall be used and invested only for the purposes and in the manner provided in Kansas Statutes Annotated Chapter 40, Article 17, as amended.