California · Public Resources Code - PRC
PRC §13193: If the board appoints a depositary, it shall appoint a person who shall be known as finance officer, who shall serve at its pleasure.
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If the board appoints a depositary, it shall appoint a person who shall be known as finance officer, who shall serve at its pleasure. It shall fix the amount of his compensation. It shall fix the amount of and approve his bond. He may, but need not be a member of the board, or his office may be consolidated with that of the secretary.
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