(a)
(1) The Secretary-treasurer of the State Board of Registration for Professional Geologists shall receive and account for all moneys received in accordance with state law and the regulations of the State Board of Registration for Professional Geologists.
(2) These moneys shall be deposited into a financial institution located in this state and shall be disbursed only by the secretary-treasurer.
(b) The secretary-treasurer shall receive such salary as the board determines within the limits set forth by the General Assembly.
(c) The board shall employ assistants required to properly perform its work and shall make expenditures from this account for any purpose that, in the opinion of the board, is reasonably necessary to perform its duties under law and its rules and regulations.
(d) The board shall have no authority to incur indebtedness.
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