The Board of Directors, except as otherwise provided in these bylaws or prevented by law, may authorize any officer, employee, or agent of the Association to enter into any contract, or execute and deliver any instrument in the name of and on behalf of the Association, and such authority may be general or confined to a specific instance. Such authorization shall be in writing, pursuant to a resolution of the Board, duly entered in the minutes. Unless so authorized, no officer, agent, or employee shall have any power or authority to bind the Association to any contract or engagement, or to pledge its credit or to render it liable monetarily for any purpose or in any amount.
Except as otherwise specifically determined by resolution of the Board of Directors, or otherwise required by law, checks, drafts, promissory notes, orders for payment of money, and other evidence of indebtedness of the Association shall be signed by two of the following officers of the Association: Treasurer, President, Vice President, or Secretary.
All funds of the Association shall be deposited from time to time to the credit of the Association in such banks or other depositories as the Board of Directors may select.
The Board of Directors may accept, on behalf of the Association, any contribution, gift, bequest or devise for the non-profit purpose of the Association, but nothing herein shall be construed as permitting personal gifts to Board members, officers, or employees in connection with work of the Association. Nothing will be accepted that is in conflict with the Association’s mission statement.