HomeMy WebLinkAbout1351 ~ ~ ~ „ .
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8oard of Directors. , ` ~
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Section 7. The Secretarv He shall issue notices of all
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Board of Directors meetiaqs ar~d all meetings of the unit owners;
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he shall attend and keep the minutes of the same; he' shall have ~ t,.,
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charqe of all of the Corporation' s books , records and papers
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except those kept by the Treasurer. He shall have custody of the.
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seal of the Association. The Assistant Secretary shall perform~~~~- ; ~
the duties of the Secretary when the Secretary f e absent or in= ~~t
capacitated. , ;
- Section 8 . The Treasurer ' ` . . ; ~
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(a) 8e shsll have custody of the Corporation funds and .
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securities and shall keep full and accurate accounts of receipts ~
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and disbursements in books belonging to the Corporatio~ and shall :
deposit all monies aAd other valuable effects in the name of and ~
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to the credit of the Corporation in such depositories as may be~_.
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' designated from time to tirae by the Board of Directors. The
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books shall reflect an accour~t for each unit ia the mann~r re-
quired by Section 711.12 (7) (b) of the Condominium Act. . . ' ~ ~ ~ -
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Cb) He shall disburse the funds of the Cos~poration as may
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I be ordered by the 3oard in accordance with these By-Laws, r.iakinq
~ proper vouchers for such disbursQraents, and shall render to the.
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~ Preaident and Board of Directors at the regular meotinq of tne
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Board of Diractors, or-whenever they may require it, an account
of all of his transactions as Treasurer and of the financial con-
dition of the Corporation.~ ~ ~
(c) He shall collect the assessments and shall promptly
report the status of collections and of all delinquencies to the ~
Board of Directors. ' ~ ~ _
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(d) He shall qive status reports to potential transferees,
on which reports the transferees may reply. ~
(e) 2he Assistant Treasurer shall perform the duties of the ~
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Treasurer when the Treasurer is absent~or incapacitated.
ARTICLE V. FISCAL MANIIG~MEI~T ; ~ ~
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Secti~n 1. Depositories 'The funds of the Corporation chall~ ~
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