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The bank of the PAR-BC shall be such bank, trust company or other financial institution as the Board may from time to time determine.
- All money, cheques and drafts of the PAR-BC shall be deposited to its credit in its bank promptly after receipt thereof.
- Cheques drawn on the PAR-BC's account, or cheques or drafts for deposit to the PAR-BC's credit shall be signed by the President, and the Director of Finance, and in the absence of them, by such members of the Board of Directors as the Board may by resolution appoint.
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The Director of Finance shall make out or obtain receipts in not less than duplicate for all monies paid to or paid by the PAR-BC respectively and shall keep one of such copies on file.
- The Board of Directors may invest any of the funds of the PAR-BC not required for current expenditures in securities authorized by Law for the investment of trust funds. Such securities are to be placed in a safety deposit box, or in other safekeeping, subject to access only by two signing officers of the PAR-BC or the Executive Director or his/her designate.
Structure
Constitution
ByLaws
- • Article I: Definitions
- • Article II: Membership
- • Article III: Member Rights
- • Article IV: Elections
- • Article V: Board of Directors
- • Article VI: Program Representatives
- • Article VII: Meetings
- • Article VIII: Non-Receipt of Notice
- • Article IX: Referenda
- • Article X: Auditors
- • Article XI: Banking and Investment
- • Article XII: Signing Officers
- • Article XIII: Committees
- • Article XIV: Fiscal Year
- • Article XV: Charges and Trials
- • Article XVI: Amendments
