The amounts paid into the relief association by the state, city, and employee's salary contribution and set aside in the association state fund must be appropriated and disbursed only for: 1. The payment of disability or service pensions to members of the association; 2. Pensions to widows and children or orphans of members or retired members; 3. The payment of the fees of the president and secretary-treasurer and the premiums on the bond of the secretary-treasurer or any other officer; 4. Funeral payments; 5. Cost of the state audit; 6. Essential postage, office supplies, and equipment; 7. Actuarial study; 8. Return of contributions to those qualified under section 18-11-20; 9. Investment contract fees; 10. Legal and accounting fees; 11. The indemnification of members of the board of trustees pursuant to section 18 -11-18; and 12. Any other expenditures related to the general principles for which this chapter is established.
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