§ 8. Organization of directors. (1) The directors of the district shall be the governing body thereof. They shall designate a chairman and may, from time to time, change such designation. The directors may delegate to their chairman, or to one or more directors, such powers and duties as they shall deem proper. They shall designate a secretary and a treasurer, and an assistant treasurer if necessary, who need not be directors, and may, from time to time, change such designations. The duties of the secretary shall be to record the minutes of all meetings, carry on the necessary correspondence for the district, and other duties in line with the position. The duties of the treasurer shall be to receive and have the custody of the funds of the district and to disburse the same for authorized purposes on the order of the directors, to keep appropriate and required books and records in connection therewith, and to submit same for examination and make reports to the directors at any time, upon their request. It shall be the duty of the assistant treasurer, if any, to assist the treasurer in the performance of his duties. The directors shall furnish to the state committee, upon request, copies of such rules, orders, contracts, forms, and other documents as they shall adopt or employ, and such other information concerning their activities as it may require in the performance of its duties under this chapter.

(2) The directors shall provide for the execution of surety bonds for any members or employees who shall be entrusted with funds or property; shall provide for the keeping of a full and accurate record of all proceedings and of all resolutions, regulations and orders issued or adopted; and shall provide for an annual audit of the accounts of receipts and disbursements.

(3) The directors may invite the legislative body of any municipality to designate a representative to advise and consult with the directors of the district on all questions of program and policy which may affect the property, water supply or other interests of such municipality.