SECTION 1: DUTIES
The treasurer shall receive and safely keep all funds of the Society and deposit same in such bank or banks as may be designated by the BOARD. Such funds shall be paid out only on the check of the Society as directed by the BOARD. Subject to the provisions of these Bylaws relating to the Execution of Instruments, Deposits and Funds, the Treasurer shall:
1.1 Have charge and custody of, and be responsible for a, all funds and securities of the Society in such banks, trust companies, or other depositories as shall be selected by the BOARD.
1.2 Receive, and give receipt for, monies due and payable to Society from any source whatsoever.
1.3 After approval of two directors, disburse, or cause to be disbursed, in a timely manner, the funds of the Society as may be directed by the Board, taking proper vouchers for such disbursements.
1.4 By standards of accounting on a monthly basis, keep and maintain adequate correct accounts of the Society’s properties and business transactions, including accounts of its assets, liabilities, receipts, disbursements, gains and losses.
1.5 Quarterly and all other reasonable times, exhibit the books of account and financial records to any Director or agent or attorney, on request therefore.
1.6 Prepare, or cause to be prepared, and certify, or cause to be certified, the financial statements to be included in any required reports.
1.7 In general, perform all duties incident to the office of the Treasurer and such other duties as may be required by law, by the Article of Incorporation or by these Bylaws, or which may be assigned from time to time by the Board.
1.8 Provide fiscal recommendations to the BOARD, and financial forecasts, necessary to avert corporate indebtedness.