Board of Directors: Treasurer
The Treasurer shall hold funds deposited and make disbursements within thirty (30) days of the receipt of appropriate and approved bills. All drafts, unless previously authorized in writing by the President, on the association, will be countersigned by the President. The Treasurer is required to keep cur¬rent, as nearly as possible, a balance of the association funds at all times. The Treasurer shall provide to the Executive Committee such reporting as may be requested, but at a minimum, a quarterly detailed Balance Sheet. The Treasurer is required to make a full financial report annually at the Board of Directors Meeting. This report will be audited annually prior to the Board of Directors meeting by a Presidential appointed Auditing Committee. The Treasurer must be bonded for a sum sufficient to protect the association from loss. The bond shall be the amount of the projected receipts annually. The association will pay for the bond.
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The Treasurer shall hold funds deposited and make disbursements within thirty (30) days of the receipt of appropriate and approved bills. All drafts, unless previously authorized in writing by the President, on the association, will be countersigned by the President. The Treasurer is required to keep cur¬rent, as nearly as possible, a balance of the association funds at all times. The Treasurer shall provide to the Executive Committee such reporting as may be requested, but at a minimum, a quarterly detailed Balance Sheet. The Treasurer is required to make a full financial report annually at the Board of Directors Meeting. This report will be audited annually prior to the Board of Directors meeting by a Presidential appointed Auditing Committee. The Treasurer must be bonded for a sum sufficient to protect the association from loss. The bond shall be the amount of the projected receipts annually. The association will pay for the bond.
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