The director shall do the following:
- (1) Maintain a record of the board's proceedings.
- (2) Keep the books and records of the system.
- (3) Deposit payments made to the system with the custodian for the system's accounts.
- (4) Sign vouchers for the payment of money from the system as authorized by the board.
- (5) Execute a corporate surety bond in an amount specified by the board. The premium for the bond is an administrative expense of the system.
- (6) Perform other duties as assigned by the board.
As added by P.L.23-2011, SEC.22.