ID | 219 |
---|---|
Article | Board of Directors |
Sequence | 6 |
Body | (a) The treasurer of the corporation shall be the sitting treasurer of Rotary District 6900 and shall have the custody of the corporate funds and securities and shall keep full and accurate accounts of receipts and disbursements of the corporation, or shall have such accounts maintained, and shall deposit, or have deposited, all monies and other valuables in the name and to the credit of the corporation into depositories designated by the Board of Directors. The treasurer shall not co-mingle funds from Rotary District 6900 and the corporation. (b) The treasurer shall disburse the funds of the corporation, or have such funds disbursed, as ordered by the Board of Directors, and prepare financial statements, or have financial statements prepared, each month or at such other intervals as the Board of Directors shall direct. (c) The treasurer shall submit a financial report to the Finance Committee of Rotary District 6900 at such times as the Finance Committee of Rotary District 6900 shall meet. (d) If required by the Board of Directors, the treasurer shall give the corporation a bond (in such form, in such sum, and with such surety or sureties as shall be satisfactory to the board) for the faithful performance of the duties of his or her office and for the restoration to the corporation, in case of his or her death, resignation, retirement, or removal from office of all books, papers, vouchers, money and other property of whatever kind in his or her possession or under his or her control belonging to the corporation. (e) The treasurer shall perform such other duties and have such other authority and powers as the Board of Directors may from time to time prescribe or as the chair may from time to time delegate. (f) The Treasurer shall not have a vote on the Board of Directors |
Changes | |
Note | |
User | Lynn Clarke |
Revision Date | Dec 23, 2019 |