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Treasurer

Duties of the Treasurer from the Canons

  • 12.6. Treasurer. The Treasurer shall have charge and custody of, and be responsible for, all funds and securities of the Corporation, and deposit all such funds in the name of the Corporation in such banks, trust companies, or other depositories as shall be selected by the Board of Directors. The Treasurer shall issue a summary financial report to the Board of Directors on a quarterly basis and shall at all times keep the Directors appraised of the financial health of the organization. The Treasurer, with the consent of the Board of Directors, shall be empowered to appoint an Assistant Treasurer or other staff member to assist him/her with her/his responsibilities.
  • 12.6.1. Quarterly and Annual Reports. The Treasurer shall issue quarterly summaries to the Board of Directors at each Quarterly Board of Directors meeting and a full financial report to the Board of Directors and the membership at the Annual Curia each year.
  • 12.6.2. Subordinate Organizations. Subordinate Organization representatives are responsible for the forwarding of quarterly financial records of each Subordinate Organization to the Treasurer in advance of each quarterly Board of Directors meeting. The Treasurer will bring to the attention of the Board any Subsidiary Organization or Nest which is not in compliance with reporting requirements in a timely manner.

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