The secretary–treasurer of the sanitary commission shall: Collect all charges and assessments made by the district; Receive all money payable to the district; and Account to the sanitary commission for all money received. To protect the funds of the district, the secretary–treasurer shall give bond to this State in accordance with this subsection. The amount of and surety on the bond shall be approved by the sanitary commissioners. The bond shall include the following condition: “That if .........., secretary–treasurer of the .......... District, shall well and faithfully execute the office of secretary–treasurer and shall account to the sanitary commission of the .......... District for all moneys which the secretary–treasurer receives for the sanitary commission of the .......... District, or is answerable for by law, then the obligation of this bond is void, otherwise to be in full force.” After the bond has been approved by the sanitary commissioners, the secretary–treasurer shall: Take, before the clerk of the circuit court for a member county, the oath of office required by Article I, § 9 of the Maryland Constitution; and File the bond with the State Comptroller. The sanitary commission may pay the premium on a bond given under this section.