7. Treasurer

The Treasurer shall have charge of the funds and securities of the Corporation and shall cause them to be deposited in depositories approved by the BOD. He/She shall see that accurate record is kept of the funds and securities and shall submit a statement of the financial condition and operating activity at all regularly scheduled BOD meetings. All checks upon bank accounts of the Corporation shall be signed as directed by resolution of the BOD. He/She shall be bonded in accordance with Section 8 below with such sureties and in such amounts as are specified by the BOD. The Treasurer shall have charge of all properties of the Corporation and shall act as a coordinator in the conduct of corporation business. He/She shall approve the travel expenditures of the President. The Treasurer shall also chair the Budget Committee and be a member of the Executive Committee