(A) The Treasurer shall daily, as moneys are received, foot the several columns of his or her cashbook and of his or her register, and carry the amounts forward, and at the close of each year, in case the amount of money received by the Treasurer is insufficient to pay the warrants registered, he or she shall close the account for that year in the register and shall carry forward the excess. Any Treasurer who shall fail regularly to enter upon his or her cashbook the amounts so received and receipted for, or who shall fail to keep his or her cashbook footed from day to day, for the space of three days, shall forfeit for each offense the sum of $100, to be recovered in a civil action on his or her official bond by any person holding a warrant drawn on the Treasurer, one-half to the person bringing the action, and one-half to the school fund of the county. The cashbook, register, and retained receipts of the Treasurer shall at all times be open to the inspection of any person in whose name any warrants are registered and unpaid.
(Prior Code, § 1-308)
(B) The Treasurer shall keep a warrant register which shall show in columns arranged for that purpose, the number, date, and amount of each warrant presented and registered, the particular fund upon which the same is drawn, the date of presentation, the name and address of the person in whose name the same is registered, the date of payment, the amount of interest, and the total amount paid thereon, with the date when notice to the person in whose name the warrant is registered as herein provided. On presentation of a warrant for payment to the Treasurer when there are not sufficient moneys on hand to the credit of the proper fund to pay the same, it shall be the duty of the Treasurer to enter the warrant in his or her warrant register for payment in the order of its presentation and he or she shall endorse on the warrant the words "registered for payment" with the date of registration and shall sign the endorsement, whereupon the warrant shall draw interest at the rate fixed by the City Council, which rate shall be endorsed on the warrant, until notice of payment shall be given the registered owner. The Treasurer shall neither directly or indirectly contract for nor purchase any city warrant at any discount whatever upon the sum due on the warrant or order, and if he or she shall so contract for or purchase any order or warrant, he or she shall not be allowed in settlement the amount of the order or warrant, or any part thereof, and shall also forfeit the whole amount due on the order or warrant.
(Prior Code, § 1-310)
Statutory reference:
Similar state law provisions, see Neb. RS 45-106, 77-2202, 77-2210 through 77-2212, 77-2203