The business manager of a school district shall: 1. Keep a true and accurate record of all school board proceedings. 2. Hold all books and records of the district and deliver them to the business manager's successor in office. 3. Prepare and submit an annual report to the board and to the county superintendent of schools. 4. Authorize the preparation of all negotiable instruments as directed by the board. 5. Perform all duties required by law. 6. Perform duties required by the board. 7. Keep true and accurate district financial records. 8. Prepare and submit a school district financial report to the board quarterly or in the case of a business manager for a district having only one -room or two -room schools, to submit the report at the request of the board. 9. Produce all district financial records when directed to do so by the board. 10. Maintain custody of all district moneys coming into the business manager's hands. 11. Pay out district moneys under the business manager's control as directed by the board. 12. Receive and maintain custody of all moneys to which the district or the board is entitled.
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