The officers of the corporation shall consist of a President, Vice President, Secretary and Treasurer. The method and time of the election for President and Vice President shall be by an election held by the Board of Directors following the election of such Board at an annual or special meeting of the members of the corporation. The Secretary and Treasurer are to be appointed by the President and ratified by a majority of the Board present. The President and Vice President shall be members of the Board. Neither the Secretary nor Treasurer shall be required to be a member of the Board of Directors and one person may hold both of such offices.
Section 1PRESIDENT. It shall be the duty of the President to preside at all meetings of the Corporation, to sign all documents made or entered into by or on behalf of the Corporation and to authorize any payments of money unless otherwise ordered by the Board of Directors. The President shall have power to perform all other acts incident to his/her office and any other such acts as the Board of Directors may designate.
Section 2VICE PRESIDENT. It shall be the duty of the Vice President to perform the duties of the President in the event of his/her absence or inability to act.
Section 3SECRETARY, It shall be the duty of the Secretary to give due notice of all meetings of the Corporation, and to keep the minutes of said meetings, and keep due record thereof. He/she shall countersign all documents made or entered into by or on behalf of the Corporation. He/she shall perform such other duties as required by the Board of Directors.
Section 4TREASURER, He/she shall be the custodian of the funds of the Corporation and shall deposit all funds in a bank or banks as designated by the Board of Directors. Such deposits shall be in the name of the Corporation, subject only to withdrawal by check, draft, electronic funds transfer or order. He/she shall have the right to transfer funds between the accounts of the Corporation and to reinvest the funds of the Corporation as directed by the Board of Directors and to perform such other duties as required by the Board of Directors.
The Board of Directors may, at its discretion, require the Secretary or Treasurer to be Bonded by such surety company and in such an amount as the Board may designate.