STU.25-08 Greenwell - Greenwell - Laserfiche WebLink

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25 08 Section 5.4 Vice-President(s). The Vice-Presidents) shall assist the President in carrying out his duties. In the absence of the President, the Vice President(s) shall direct and administer the affairs of the ASSOCIATION, preside at meetings, and supervise all phases of its activities, subject to instructions by the Board. Section 5.5 Treasurer. The Treasurer shall be the chief financial officer of the ASSOCIATION and shall exercise general supervision over the receipt, custody, and disbursement of all funds. The Treasurer will keep records of membership dues, payments, and funds, and/or oversee the membership records in relation to dues' payments. The Treasurer will work closely with the President in the compilation of the annual budget. The Treasurer shall regularly submit financial reports to the Board, which will, from time to time, be subject to internal or external audit as determined by the Board. Section 5.6 Secretary. The Secretary shall keep the minutes of all imeetings of the members and the Board. The Secretary shall keep or cause to be kept a register showing the names of the members, Directors and officers with their addresses and phone numbers. The register shall be available for inspection by any member for the purpose of communication with other members concerning Association business at the site of the meeting or the Corporation's office. The Secretary shall give inotice in conformity with the Bylaws of all meetings of the members and the Board. The Secretary shall be responsible for archiving corporate records. The Secretary shall also perform all duties assigned by the President or the Board. ARTICLE VI Disbursements and Contributions Section 6.1 Disbursements. Disbursements of the funds of the ASSOCIATION for the purposes for which it is organized shall be made by the Board at its discretion. Section 6.2 Limitations on Disbursements. The Board shall not make any disbursements of contributions of the funds or assets of the ASSOCIATION to or for the benefit, directly or indirectly, of any members, director, or officer of the ASSOCIATION, except for: (i) reasonable payment for services actually rendered to the ASSOCIATION by such member trustee, or officer as an employee or independent contractor of the ASSOCIATION which the Board had previously agreed: are compensable, and except for: (ii) reimbursement for an expense incurred on behalf of the ASSOCIATION, not to exceed $100, unless authorized by the Board or incorporated in the current budget. 5