(a) The board of directors shall have full power to manage, control, and supervise the conduct of the district and to exercise in the name of the district all powers and functions belonging to the district, subject to such laws or regulations as may be applicable.

(b) The chair of the board of directors shall preside at meetings of directors, and shall perform such other duties as the directors may delegate to him or her.

(c) The treasurer shall have the custody of all monies belonging to the district and shall keep accurate and complete books of account. Prior to assuming his or her duties, the treasurer shall execute a bond in favor of the district, conditioned on the faithful performance of his or her duties, in such sum and with such sureties as the directors approve.

(d) The clerk shall keep minutes of meetings of directors and of the district, and shall record all votes.

(e) The vice chair, if one is elected, shall perform the duties of the chair in the chair's absence. (Added 1969, No. 112, § 1, eff. April 22, 1969.)