Article VII - Checks, Deposits, & Funds

Article VII - Checks, Deposits, & Funds
  • 7.01 Checks and Drafts
    All checks, drafts, or orders for payment of money, notes, or other evidences of indebtedness issued in excess of $250 in the name of this association shall be signed by 2 of the following officers:
    • Secretary / Treasurer
    • President
    • Vice President
    Any check issued to a board member shall not be signed by that board member. No check shall be issued until an Expense Authorization Voucher has been completed and submitted to the Secretary / Treasurer.
  • 7.02 Deposits
    All funds of this Association shall be deposited promptly to the credit of this Association in such banks, trust companies, or other depositories as the Executive Board may select.
  • 7.03 Donations
    The Executive Board may accept, on behalf of this Association, any contribution or gift deemed appropriate and useful.